2 ms·
That's all fine to say, but unfortunately for this decision, it cost shareholders 12 billion dollars. Her poker hand may have been good, but it lost, and it los
by kolbe 13y ago
That's all fine to say, but unfortunately for this decision, it cost shareholders 12 billion dollars. Her poker hand may have been good, but it lost, and it lost HUGE. And in all fairness, I don't know how much of that decision was hers, per se. But the risk that a good decision has a bad outsome it kind of the risk that CEOs take. People are lazy, and they tend to just look at outcomes. Hedge fund managers don't get paid for good losses. And they get their funds closed when they bet the house on a good decision that goes bad.
I wish her the best, but she's going to have a very difficult time making a body of good decisions that will make up for that one, if it was her doing.
Either way, my point is to say that hiring Mayer has neither hurt nor helped Yahoo's enterprise value. The entire company, just as was was under Jerry Yang, is just moving around with the value of its assets.