It is common sense to take a method and try it. If it fails, admit it frankly and try another. But above all, try something.
The company is obviously now an attractive acquisition target.
Crazy. They have a few properties (they call them that instead of products) that have usage: Fantasy Sports, News.
But where is growth coming from? Their acquisitions result in founder flight, their mobile experiments haven’t made a dent, and their largest properties see growth flatlining (my best guess) while sucking in more resources. And their display ad rates belie some serious weakness when Facebook captures more of advertisers’ budgets — and mobile display is the future of the industry. They’ve given up on search ads to Google in 2009 and it’s too late to resuscitate search tech. They’re clearly betting on a future of being a media company despite Marissa’s public announcements w the Tumblr acquisition, original content programming, and mobile news efforts.
Dead company walking?
Update: here’s an interesting analysis from Bloomberg about Yahoo’s core business.. arguing that breaking them up may unlock more value then any economies of scale could be had from remaining together. Kind of ironic for their newly acquired properties.
After Kitchen Confidential came out, I was 44. I was uninsured, I was broke and I was dunking fries into a fast food fryer. I understood that I got a pretty lucky break here and that it was statistically unlikely to happen again. I’ve been pretty careful about not f@cking up the opportunities that have comes since.