Why Is Jerry Yang Still in Charge?

Iria · Oct 20, 2008, 05:20 AM

Eight months ago, Yahoo!CEO Jerry Yang had a chance to sell his company to Microsoft for $43 billion. He refused. Now Yahoo's market value stands at $18 billion. This raises a question: Why is Jerry Yang still running this company?
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Source: Newsweek

IvanV · Oct 20, 2008, 11:55 AM

The value of Yahoo(!) is more or less what it was before the offer minus what was lost due to the stock market crisis.

If he had accepted the offer, he would have put a lot of money into the pockets of some people, but there's no indication that the company itself would be running any better. MS is interested in the brand and users, it pretty much has everything else already, including a vast number of people working in their on-line services department, so the integration would, in the short to mid term, most probably mean quite a few layoffs and I doubt that much of the existing Yahoo would remain.

BlueMak · Oct 20, 2008, 12:12 PM

Anyone else noticed an increase in attacks against Yahoo and now Yang? What a coincidence!

Oct 20, 2008, 05:20 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 87	Why Is Jerry Yang Still in Charge? Eight months ago, Yahoo!CEO Jerry Yang had a chance to sell his company to Microsoft for $43 billion. He refused. Now Yahoo's market value stands at $18 billion. This raises a question: Why is Jerry Yang still running this company? ______________ Source: Newsweek

Oct 20, 2008, 11:55 AM	#2
IvanV HH Assassin Guild Member Join Date: Dec 2004 Posts: 5,653 Rep Power: 280 System Specs	Re: Why Is Jerry Yang Still in Charge? The value of Yahoo(!) is more or less what it was before the offer minus what was lost due to the stock market crisis. If he had accepted the offer, he would have put a lot of money into the pockets of some people, but there's no indication that the company itself would be running any better. MS is interested in the brand and users, it pretty much has everything else already, including a vast number of people working in their on-line services department, so the integration would, in the short to mid term, most probably mean quite a few layoffs and I doubt that much of the existing Yahoo would remain. __________________ Our Folding@home stats:

Oct 20, 2008, 12:12 PM	#3
BlueMak HH's Asteroids' Dominator Join Date: Nov 2004 Location: Hellas->Macedonia->Thessaloniki Posts: 13,247 Rep Power: 326 System Specs	Re: Why Is Jerry Yang Still in Charge? Anyone else noticed an increase in attacks against Yahoo and now Yang? What a coincidence! __________________ The people who are regarded as moral luminaries are those who forego ordinary pleasures themselves and find compensation in interfering with the pleasures of others(Bertrand Russell)"You go into Afghanistan, you got guys who slap women around for five years because they didn't wear a veil,You know, guys like that ain't got no manhood left anyway. So it's a hell of a lot of fun to shoot them." - Lt. Gen. James N. Mattis This is slavery, not to speak one's thought. [Euripides-The Phoenician Women (c.411-409 B.C.)] http://www.macedonia.info/FALLACIESANDFACTS.htm *Sic semper tyrannis.*