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  • Yahoo! stock at $10! Should Jerry Yang Step Down?

    Kaustubh Katdare

    Administrator

    Updated: Oct 14, 2024
    Views: 1.1K
    The latest market watch shows that Yahoo! share is about $10. That brings Yahoo's valuation to $14.33 billion.

    ...and that's lesser than Facebooks' $15 billion valuation! 😲

    That means, Yahoo! Management has destroyed almost $31 billion of Yahoo shareholders' money.

    Do you think Yahoo founder & current CEO should step down and Yahoo should quit its 'Search Business'?

    [ Yahoo Search results are pretty bad: my observation ]
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Replies

  • Kaustubh Katdare

    Administrator • Nov 12, 2008

    No takers here? 😉
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  • MaRo

    Member • Nov 13, 2008

    Everything is getting down, Google stock dropped more than $40 since 2 weeks why would its CEO step out?

    I don't think the valuation thing is necessarily related to the business success.
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  • Kaustubh Katdare

    Administrator • Nov 13, 2008

    MaRo
    Everything is getting down, Google stock dropped more than $40 since 2 weeks why would its CEO step out?

    I don't think the valuation thing is necessarily related to the business success.
    Only if he had sold Yahoo! to Microsoft for $44b 😁 .

    Jerry's an entrepreneur - not a manager, in my opinion. Except BOSS I don't think Yahoo's come up with anything worth noticing! Their YPN is still in beta and no one knows when will they make it available for international audience. Yahoo Messenger for Vista was discontinued. Yahoo's search is pathetic! (yes! it is!) and except its Front Page, I don't think Yahoo's done anything innovative [remember their popular services are mostly acquisitions!]

    Probably, they need a new leadership?
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