She probably “extracted value” for shareholders of a dying company. This usually means picking the company apart, selling things, firing people, and offshoring labor.
IMO, every time a CEO, bigshot capitalist, or industrialist is cited as a “hero”, I try to keep in mind they are not our hero.
Some Yahoo-branded services that spring to mind (really just off the top of my head) are things like the Yahoo Directory (larger than DMOZ at some point), Search (more popular than Google at some point), GeoCities, Maps, Mail, Messenger, Groups, Games (online boardgames) and Answers.
And then there’s all the stuff that wasn’t Yahoo-branded, which includes some absolute bangers like del.icio.us, Flickr, Tumblr, AIM, MapQuest, RYOT, or fucking AOL and Netscape(!)
It boggles my damn mind that anybody could own and squander that much stuff. Properly managed they should have been an internet service giant today.
She probably “extracted value” for shareholders of a dying company. This usually means picking the company apart, selling things, firing people, and offshoring labor.
IMO, every time a CEO, bigshot capitalist, or industrialist is cited as a “hero”, I try to keep in mind they are not our hero.
Yahoo owned so many interesting services at some point or another over the years it’s absolutely insane.
Some Yahoo-branded services that spring to mind (really just off the top of my head) are things like the Yahoo Directory (larger than DMOZ at some point), Search (more popular than Google at some point), GeoCities, Maps, Mail, Messenger, Groups, Games (online boardgames) and Answers.
And then there’s all the stuff that wasn’t Yahoo-branded, which includes some absolute bangers like del.icio.us, Flickr, Tumblr, AIM, MapQuest, RYOT, or fucking AOL and Netscape(!)
It boggles my damn mind that anybody could own and squander that much stuff. Properly managed they should have been an internet service giant today.
Private equity: never build for tomorrow what you can sell for parts today