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Good on him. Doesn't matter if it makes sense to us (it doesn't to me but hey, its not my money!). The kid got minted, his employees probably got a good deal ou
by harel 14y ago
Good on him. Doesn't matter if it makes sense to us (it doesn't to me but hey, its not my money!). The kid got minted, his employees probably got a good deal out of it, his mum must be proud as punch. All in all, congratulations kiddo, don't spend it all at once.
What baffles me most though, is that Yahoo would conduct a CS type interview to the employees, failing some of them in the process (if that bit is true). I have over 16 years of real hard world experience and I would never dream of passing a CS type exam. Is that really a gauge of excellence?
- dirtyaura 14y agoOf course Yahoo will do at least similar level interviews for expensive acquihires as to their normal hires. It's a standard practice, Google does this too. They are looking to acquire people that fit to their culture and standard interviews are their procedure to try to ensure that. I'm personally of the opinion that a little bit of diversity (more designer-type front end devs without academic background) would do good for Google's (or Yahoo's) internal culture, but if they have decided that they only want CS people, it totally makes sense to interview acquihires too.
- scrumper 14y agoIt's not about excellence. It's additional leverage for Yahoo in the deal. Only 2 of the 5 employees passed it, so they were able to argue for a lower number for the company. Likely they guessed that only a couple would have been able to pass the interview before making that part of the deal.