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[Forbes] Yahoo Sells To Verizon In Saddest $5 Billion Deal In Tech History - Page 6

post #51 of 79
This usually what's happens in life and in this universe. If you don't constantly work on yourself, or constantly adapt to change, threats and external forces, you are doomed to become irrelevant very quickly. That's why you should never 'settledown' and should constantly work on yourself. This is why yahoo failed. They haven't worked hard enough to stay relevant and that's why they have been beated by google.
post #52 of 79
Let's not feel too sorry for them, 5 billion from Verizon for core assets, remaining assets worth about 40 billion. If anyone loses their job, the tech industry is still hot. It's completely different from when manufacturing jobs are shipped overseas.
post #53 of 79
Quote:
Originally Posted by sumitlian View Post

LOL I found this.

Creator should have made it "2016: Yahoo sold for $5 billion to Verizon. Google from 2002 laughs."

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post #54 of 79
Quote:
Originally Posted by HybridCore View Post

Quote:
Originally Posted by sumitlian View Post

LOL I found this.

Creator should have made it "2016: Yahoo sold for $5 billion to Verizon. Google from 2002 laughs."

The other funny thing is that the CEO of Yahoo used to work for google.
post #55 of 79
Quote:
Originally Posted by HowHardCanItBe View Post

The other funny thing is that the CEO of Yahoo used to work for google.
LOL ....then all we need is conspiracy theorists. biggrin.gif
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post #56 of 79
Quote:
Originally Posted by Power Drill View Post

Reminds me of Nokia. It's so good that we have so many of these so called "professionals" with fancy degree papers from here and there, making decision in big corporations. rolleyes.gif

It has always baffled me how come so many people with zero people skills can lead or be part of the bigger department in big companies where you should be able to read people to know which ones to choose lead others and make an effort for the company.

Thats what happen when you hire people from your almamadur (vs best available) or country club or your father in laws nephew
post #57 of 79
This chick is the new Stephen Elop because she completely wrecked the company. Yahoo's downfall started a long time ago in a galaxy far far away when they used the Nokia approach and ignore the ever changing environment they conducted business.
 
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post #58 of 79
Quote:
Originally Posted by sumitlian View Post

Quote:
Originally Posted by HowHardCanItBe View Post

The other funny thing is that the CEO of Yahoo used to work for google.
LOL ....then all we need is conspiracy theorists. biggrin.gif

It's gets better. They just posted this hahaha. They are basically bashing their own company.

http://finance.yahoo.com/news/remember-yahoo-turned-down-1-132805083.html

...and the sore loser is the company in this acquisition and the hard working people down the food chain. The top dog are the winners and she gets a nice fat boost to her share profolio and not to mention all those perks smile.gif

http://www.bizjournals.com/sanjose/news/2016/07/27/marissa-mayer-may-pocket-more-than-twice-the.html
Quote:
She would pocket another $53 million in additional shares, Fortune says. The original estimate didn’t include the 1.3 million shares she has already been granted nor the additional shares of Yahoo she acquired over her four-year tenure, which, again thanks to the Verizon deal, have become much easier for her to sell, should she leave.

Mayer would get another $1 million for a base salary she’s entitled to have for two years after leaving the company, according to the report. She’s also entitled to $26,324 per year in health insurance coverage, per a Yahoo agreement.

Yahoo also agreed to pay $15,000 for two years of transitional support while she tries to find a new job.

The report notes that much of the growing estimates come from the fact that Yahoo owns 15 percent of Chinese internet retailer Alibaba, whose shares have more than doubled during Mayer’s time as CEO of Yahoo. Yahoo also owns a 35.5 percent stake in Yahoo Japan, a separate public company whose shares have risen 72 percent since Mayer joined Yahoo.
post #59 of 79
In all fairness though - she is required to work 130 hours a week.
Quote:
She's regularly pulled off all-nighters during her time at Google, and even worked from her hospital bed shortly after having her twins last year. It's why former Yahoo director Max Levchin calls her “the hardest working CEO in Silicon Valley, bar none.”

Mayer says hard work is an important part of any business and an often overlooked part of Google's success. She shared more details around her 130-hour workweeks and why it matters in an interview with Bloomberg:

http://www.independent.co.uk/news/business/analysis-and-features/yahoo-ceo-marissa-mayer-explains-how-she-worked-130-hours-a-week-and-why-it-matters-a7174201.html
post #60 of 79
Damn still use the same yahoo email as the day they opened, I'm sure verizon will screw us now. I've never used my verizon email addy. frown.gif
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