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[Forbes] Yahoo Sells To Verizon In Saddest $5 Billion Deal In Tech History - Page 7

post #61 of 79
Quote:
Originally Posted by Wishmaker View Post

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.

 

Yahoo was in the dumps long before she got in the chair. Marissa Mayer got on after quite a few CEOs quit that same year back to back after a ton of layoffs.

 

This versus Stephen Flop who got into the chair of a still very profitable company to break it in half and sell it to Microsoft. If Nokia's board would have listened to its workers and market and have done Android phones when they wanted to instead of hiring Flop and have him force the company down a dark path, Nokia would be giving Samsung a run for its money today with a forked Android no less. They had both the resources and opportunity.

 

 

post #62 of 79
It's not really surprising. Like others have said, they missed the bus when it came to expanding their services. I still use Yahoo as a portal for news every day, more out of habit than anything else, but there's nothing else compelling that they have to offer. Their email sucks and always has. They still host my website (through their Aabaco subsidiary) and have since the days of GeoCities, but again, that's just convenience.

Hotmail was better than Yahoo mail back in the day, and then Google left them in the dust on search and email a long time ago. When Yahoo did offer something new, they ran it into the ground. If they had acquired Gmail in 1998 or even in 2002, they'd have better search today, but none of the other things would have ever transpired. Someone else would have come along and done all of the things Google did.

I don't get Verizon's strategy with buying both Yahoo and AOL, though. They pretty much do the same things these days, and neither of them has any real brand equity with anyone under the age of 30. What's next, are they going to buy ICQ?
     
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post #63 of 79
The new Yahoo mobile site is complete trash, it popped up about a day after the deal was first announced. I hope it isn't Verizon's idea of a website!
    
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post #64 of 79
My Yahoo mail account is still my main email address for everything to this day. Sure I have Gmail, Comcast, etc but I really only use my Yahoo mail for anything. I've had the same addy since the late nineties...
post #65 of 79
Thank God that yahoo didn't buy Google, as it would have turned out or be much worse. Google is clearly the dominant platform for advertising and search. Bing and yahoo have been way behind for many years. Yahoo mail and Hotmail pales to the simplicity that is Gmail.
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post #66 of 79
Quote:

130 hours dedicated to tanking the company. Wew
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post #67 of 79
Quote:
Originally Posted by geoxile View Post

130 hours dedicated to tanking the company. Wew

Tanked the company and still going to get a golden parachute. Its unreal. Rewarded for doing bad and costing people jobs. She has no shame. I have never heard of one American CEO say ya know. I feel horrible the company has failed and so many people lost their jobs. Put that money to use and help all those that lost their jobs etc. That is the right thing to do.
post #68 of 79
Quote:
Originally Posted by FattysGoneWild View Post

Tanked the company and still going to get a golden parachute. Its unreal. Rewarded for doing bad and costing people jobs. She has no shame. I have never heard of one American CEO say ya know. I feel horrible the company has failed and so many people lost their jobs. Put that money to use and help all those that lost their jobs etc. That is the right thing to do.

Yea, but how much interference was ran by shareholders and board members? Might be a little quick to put it all on her.
    
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post #69 of 79
Quote:
Originally Posted by HowHardCanItBe View Post

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

To me, all the hours she worked makes her look even more incompetent. It would be different if it was a small business or a startup but successful CEOs of large corporations do not need to work so many hours. It demonstrates micromanaging, an inability to properly delegate tasks, an inability to find and hire competent subordinates, mistreating existing employees by taking away benefits (such as work at home programs, which is a result of micromanaging), or a combination of two or more of these..

Another huge mistake she made was to try to make Yahoo more like Google without considering that many, if not most, of the people on Yahoo were there because they did not like Google. Google is already well established; there was no need to reinvent the wheel. Adding insult to injury, whenever a programming change was made (which was frequently for a while), it would break something, then it would take weeks to months before the problem would get fixed (in some case, it never got fixed).
Edited by Lady Fitzgerald - 8/7/16 at 12:57am
     
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post #70 of 79
Thread Starter 
Don't forget, Yahoo owns, or at one point in the past owned, more than half the social media websites that have ever existed. Those assets are probably more important than the main Yahoo portal itself.
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