Again, CEO Isn’t Yahoo’s Real Problem
Hedge-fund investor slash trying-to-be-an-activist shareholder slash media darling Eric Jackson of SpringOwl told the Wall Street Journal today that it is time for Yahoo CEO Marissa Mayer to go. He outlined a strategy to save the company, which basically says to cut 9,000 jobs and make a few other changes.
“For all the bluster, the solution outlined in the long presentation reads more like an accountant’s grumblings than a strategic vision,” more accurately writes The Register.
All that nitpicking shows that there is very little understanding of the hiring reality of Silicon Valley. I also wonder if he has any insight into the reality of Yahoo and how it fits into the larger context of the modern consumer web.
First, let’s look back at what he’s said about Mayer over the years:
- 2015: “I disagree with this notion that Yahoo can’t be fixed.” #
- 2014: “Two years after her hiring, however, I think
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