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

@thebigk • Oct 14, 2024

Oct 14, 2024

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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Kaustubh Katdare

@thebigk • Nov 12, 2008

No takers here? 😉
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MaRo

@maro-Ce3knx • 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

@thebigk • 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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