dennisgorelik: (2009)
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http://www.nytimes.com/2015/12/03/business/dealbook/yahoo-chief-has-run-out-of-time-for-a-turnaround.html
Yahoo’s market capitalization is $33 billion. Its stake in the Chinese Internet firm Alibaba is worth $32 billion alone. Throw in its $9 billion stake in Yahoo Japan and net cash on its books, and the market is valuing the company’s core business at less than zero — even if it has to pay capital gains taxes on its overseas stakes.
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It's clearly a time to split Yahoo.
dennisgorelik: (2009)
Hacker News regurgitates how badly Marissa screwed up as Yahoo's CEO:
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https://news.ycombinator.com/item?id=8762493
"Every Monday at 3 p.m. Pacific, she asked her direct reports to gather for a three-hour meeting. Mayer demanded all of her staff across the world join the call, so executives from New York, where it was 6 p.m., and Europe, where it was 11 p.m. or later, would dial in, too. Invariably, Mayer herself would be at least 45 minutes late; some calls were so delayed that Yahoo executives in Europe couldn’t hang up till after 3 a.m."
This is completely unacceptable behavior from anyone aspiring to be an actual leader.
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dennisgorelik: 2020-06-13 in my home office (Default)
Dennis Gorelik

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