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Isn't it fairly obvious that there are two categories of companies that they buy: the ones they count on for strategic business (Flickr), and the ones they acq
by JonFish85 12y ago
Isn't it fairly obvious that there are two categories of companies that they buy: the ones they count on for strategic business (Flickr), and the ones they acquire just for the people? I have to imagine that the latter is mostly just to infuse Yahoo with young, energetic people who are willing & able to work long hours if given a proper vision. Sure you can put out a lot of job reqs, but this seems like the way Mayer has chosen to try to infuse Yahoo with talent & energy.
- hibikir 12y agoThey just forget one very important problem: You can try to buy people by buying the company they work for, but chances are they will not want to stick around after the company culture has been trampled over. Been there a few times over my career: Those acquisitions are, in almost all cases, a disaster.
- jaynos 12y agoIs that really a good strategy? I've seen this reason before (buy the company for the people), but is it really reasonable to spend over $1B on a company for such a small number of employees? I don't see Yahoo! needing to keep the non engineer/CS people.