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[–] 82 points 2 days ago (16 children)

I don't understand why people are still taking this woman seriously. She is not a 'girlboss'. She is the woman who ran Yahoo into the ground, taking it from one of the giants of the dot com era into a largely worthless and useless has-been by grossly mismanaging every single one of their formerly valuable properties.

The fact that she is involved immediately makes this company lose credibility in my eyes.

The fact that she apparently needs an AI model to come up with three compliments for her own daughter only reinforces my opinion.

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  • [–] 3 points 1 day ago (3 children)

    What about that doesn't sound like a "girlboss" to you?

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  • [–] 1 point 1 day ago (2 children)

    When I hear 'girlboss' I envision someone confident, competent, and in charge, who understands their business and is making the right choices.

    Letting a company's most promising products languish while the company loses what value it has left is not what comes to mind with 'girlboss'.

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  • [–] 30 points 2 days ago (2 children)

    She probably "extracted value" for shareholders of a dying company. This usually means picking the company apart, selling things, firing people, and offshoring labor.

    IMO, every time a CEO, bigshot capitalist, or industrialist is cited as a "hero", I try to keep in mind they are not our hero.

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  • [–] 7 points 1 day ago (1 child)

    Yahoo owned so many interesting services at some point or another over the years it's absolutely insane.

    Some Yahoo-branded services that spring to mind (really just off the top of my head) are things like the Yahoo Directory (larger than DMOZ at some point), Search (more popular than Google at some point), GeoCities, Maps, Mail, Messenger, Groups, Games (online boardgames) and Answers.

    And then there's all the stuff that wasn't Yahoo-branded, which includes some absolute bangers like del.icio.us, Flickr, Tumblr, AIM, MapQuest, RYOT, or fucking AOL and Netscape(!)

    It boggles my damn mind that anybody could own and squander that much stuff. Properly managed they should have been an internet service giant today.

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  • [–] 15 points 2 days ago (2 children)

    She is the woman who ran Yahoo into the ground, taking it from one of the giants of the dot com era into a largely worthless and useless has-been

    Yahoo was once a big recognizable brand, but there was pretty much no moment in history when anyone would have said "Oh no, Yahoo is down, now how will I get important things done?" It was never focused, it was never indispensable.

    Yahoo was valued at over $100B briefly in 1999-2000, after Google had demonstrated a much, much better internet search. Yahoo cratered to as little as 5% of its all-time high, recovered for a while, then began fading away. Its market cap was just under $20B when Mayer was hired in 2012. After which the market cap trended up.

    https://companiesmarketcap.com/yahoo/marketcap/

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  • [–] 5 points 1 day ago (1 child)

    And that's why I say she ran it into the ground- because when Google demonstrated a MUCH MUCH MUCH better Search, Yahoo didn't do anything differently. They kept going as a 'start page portal site', kept pushing their really shitty email system, and just rode that wave into irrelevance.
    Yahoo HAD some properties that COULD have been immensely valuable, even post-Google, if done right.

    Flickr is one that comes to mind. Google had Picasa, and Google was innovating and pushing updates while Flickr (app and website) stagnated. So with no innovation everybody eventually left Flickr. With some vision, Flickr could have become what Tumblr or Google Photos ended up being.

    Yahoo Answers was another one. It was a forum sort of like AskReddit where you could post questions on any subject you wanted and others would answer it. Again, stagnated, became irrelevant.

    I'll give you that Mayer came in after much of the value had been lost. But she came into a diamond in the rough, a site that was ready to reinvent itself into something relevant again, and she just didn't.

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  • [–] 0 points 1 day ago* (last edited 1 day ago)

    And that’s why I say [Mayer] ran it into the ground- because when Google demonstrated a MUCH MUCH MUCH better Search, Yahoo didn’t do anything differently.

    Look, this sentence literally blames Mayer for things that happened before her tenure. You acknowledge that this doesn't make any sense, but you can't really deny that it's what you've said. Somehow the media that's covered Mayer has made a lot of people react this way.

    Flickr is one that comes to mind. Google had Picasa...

    As a response to its community's concerns, Flickr saw a substantial engineering investment from 2014-2015 or so, under Mayer's tenure. I'm afraid the best summary I've found is pretty obvious AI slop, but it's relating some real events.

    Flickr lives, Picasa was killed, Google Photos is now an extremely annoying nagware for backup services. Things could be so much worse for Flickr.

    Yahoo Answers was another one...

    God I hated Yahoo Answers.

    Mayer's attempts to make Yahoo relevant again may not have worked but it's not responsible or accurate to conclude that she was necessarily inept.

    It is my suspicion that if, say, Jack Dorsey had overseen the dismantling of Yahoo, the business press would have told us that he made a great effort but Yahoo's problems went too deep. Rather than leading us to believe that he was just inept. Or that he failed because he took the wrong amount of paternity leave.

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  • [–] 18 points 2 days ago

    I largely agree with you, though by the time she took the reigns at yahoo, it was already pretty dead.

    But this pattern of executives proudly offloading 'pesky personal connection' to AI just works to confirm that their stratum of society are almost exclusively sociopaths.

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  • [–] 9 points 2 days ago (3 children)

    She is the woman who ran Yahoo into the ground

    Was Yahoo doing that well in 2012? At the time people were saying that she would never have gotten the job if Yahoo wasn't a sinking ship

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  • [–] 7 points 2 days ago (2 children)

    Look at Google as an example. Google started as a search engine and ad company, and has since reinvented itself with investment in new areas like photos, email, Android, etc.

    Yahoo started as a search engine, ad company, 'portal start page', and email. They kept doing the same old thing and went nowhere.

    But they still had products with value- Flickr for example. Managing photos was starting to become a big thing, but they let Flickr stagnate, it got no development, and eventually people stopped using it. Look at their email product as another- Gmail focused on making their email usable, clean, fast, great storage, and without lock-in. Yahoo email sucked and it was hard to get rid of them because for a long time they didn't support IMAP (what you'd use to vacuum out your old messages) or email forwarding. People stayed not because it was a great product, but because they were stuck. But that's a real missed opportunity- Yahoo Mail could have been what Gmail became.

    When Google modernized their site with web 2.0 technologies like AJAX and updated the look and feel to match, Yahoo still felt like a Web 1.0 site with ads all over the place and messy design.

    That's why I say she ran the company into the ground. Just because Yahoo wasn't leading the pack when she joined doesn't mean there weren't any wins to be had. It's the job of CEO to recognize where the company should invest and innovate and where they should stay the course.

    Another example- one of her big decisions was ending all remote work for Yahoo employees, without consideration for employees that didn't live near a Yahoo office, or even how much office space Yahoo had. I remember reports of people working in hallways and sitting on the floor because there weren't enough desks for everybody that was forced to come in.

    To be clear- I'm NOT saying she's stupid. She's obviously very smart. But I am saying she wasn't a good leader, and made many decisions that were obviously wrong both at the time and as seen historically. She does not seem to be a person with good business sense or the right kind of leadership, for a great many reasons.

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  • [–] 2 points 1 day ago

    She was one among a string of bad CEOs for Yahoo. I worked there for a couple of years under another of them. In each case, people thought that this was the one who'd turn the company around. When I joined, I was pretty excited because they owned things like Flickr (still my favorite photo sharing site, long since detached from yahoo), del.icio.us (my favorite bookmark sharing site), and a bunch of neat stuff at Yahoo Developer Network (YQL and Pipes come to mind). Those all seemed pretty significant, but the company never really figured out how to turn those things into business success.

    The interesting thing here, though, is that IMO Yahoo has been successful in its own way over the past few years, probably since Verizon sold it. It just doesn't exhibit the "infinite growth forever" characteristics that make it appealing to investors. Its sports and finance sites remain very popular. It seems to have reached a point of stability as a business. But the current private equity owned company bears little resemblance to the original Yahoo and I certainly wouldn't consider it a "tech company" in any meaningful way.

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  • [–] 1 point 1 day ago

    Google started as a search engine and ad company, and has since reinvented itself with investment in new areas like photos, email, Android, etc.

    There's really no point in comparing Google to Yahoo. Google actually developed a solid strategy fairly early on, which involved (1) collecting data from any source possible (all their services are designed around collecting data), (2) selling that data to advertisers, and (3) (very important) creating and owning platforms (Android, Chrome, Youtube, Pixel, GCP etc.) that allow them to not depend on anybody else.

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