3 ms·

Don't forget – Jerry Yang actually returned to Yahoo! for a period. And completely fucked the dog, screwing up a potential acquisition and being replaced by Bar

Don't forget – Jerry Yang actually returned to Yahoo! for a period. And completely fucked the dog, screwing up a potential acquisition and being replaced by Bartz. Say what we will about Valleywag, they covered this period pretty well: BSing the troops: http://gawker.com/valleywag/tech/yahoo/jerry-yangs-fireside-chat-translated-314162.php http://gawker.com/valleywag/tech/yahoo/jerry-yangs-fireside-... Ballmer writing a polite letter killing the acquisition prospects: http://gawker.com/386898/ http://gawker.com/386898/ "Hey guys, uh, Ballmer's very public proclamations notwithstanding, Microsoft didn't actually want to buy us:" http://uk.gawker.com/5020835/yahoo-ceo-tries-to-convince-shareholders-microsoft-never-wanted-to-merge http://uk.gawker.com/5020835/yahoo-ceo-tries-to-convince-sha...

gcb 15y ago
implying microsoft acquisition of a big competitor is a good thing.
- mynameishere 15y ago
  He screwed the company's owners out of many millions of dollars. Microsoft may well have killed and gutted the fish, but the CEO's responsibility is to the shareholders.
  - patrickaljord 15y ago
    I see what you mean. But let's say he would have sold to Microsoft and then Microsoft would have killed and gutted the fish, you'd probably be criticizing him for having no vision by selling Yahoo to MS and letting it die like that.
  - yuhong 15y ago
    On that matter, IMO the Revlon duties should be completely eliminated.
  - gcb 15y ago
    1. he sells for MS. 2. shareholders get some above average return in MS shares. 3. a bunch of companies buy some dismembered yahoo pieces like flickr, babelfish, etc 4. those companies pays more returns than microsoft in 5yrs. 6. everyone criticizes him for not being able to see ahead and costing the investors money in the long run. Oh sorry, it's just you who can see the future? ...only icahn and pension funds wants companies sold to microsoft. I know I don't. Then you can argue that it's yahoo... so what, those people invested in yahoo. bet they feel the same as i feel for companies i'm investing.
yuhong 15y ago
To be honest, I know, and the DOJ certainly didn't help.
rbanffy 15y ago
> screwing up a potential acquisition Right. Letting Microsoft acquire Yahoo was the best thing to do... Because, like I said then, two bricks float better than one. What Yahoo needs is a CEO with a clear vision and accountability at all levels. That's not what Microsoft is known for.

gcb 15y ago

implying microsoft acquisition of a big competitor is a good thing.

mynameishere 15y ago
He screwed the company's owners out of many millions of dollars. Microsoft may well have killed and gutted the fish, but the CEO's responsibility is to the shareholders.
- patrickaljord 15y ago
  I see what you mean. But let's say he would have sold to Microsoft and then Microsoft would have killed and gutted the fish, you'd probably be criticizing him for having no vision by selling Yahoo to MS and letting it die like that.
- yuhong 15y ago
  On that matter, IMO the Revlon duties should be completely eliminated.
- gcb 15y ago
  1. he sells for MS. 2. shareholders get some above average return in MS shares. 3. a bunch of companies buy some dismembered yahoo pieces like flickr, babelfish, etc 4. those companies pays more returns than microsoft in 5yrs. 6. everyone criticizes him for not being able to see ahead and costing the investors money in the long run. Oh sorry, it's just you who can see the future? ...only icahn and pension funds wants companies sold to microsoft. I know I don't. Then you can argue that it's yahoo... so what, those people invested in yahoo. bet they feel the same as i feel for companies i'm investing.

yuhong 15y ago

To be honest, I know, and the DOJ certainly didn't help.

rbanffy 15y ago

> screwing up a potential acquisition Right. Letting Microsoft acquire Yahoo was the best thing to do... Because, like I said then, two bricks float better than one. What Yahoo needs is a CEO with a clear vision and accountability at all levels. That's not what Microsoft is known for.