Yahoo! stock at $10! Should Jerry Yang Step Down?
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 ]
...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 ]
Replies
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Kaustubh KatdareNo takers here? 😉
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MaRoEverything 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. -
Kaustubh Katdare
Only if he had sold Yahoo! to Microsoft for $44b 😁 .MaRoEverything 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.
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?
You are reading an archived discussion.
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