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Yahoo CEO, Yang, Says to Microsoft, 'Buy Yahoo'

   
12:42 pm on Nov 6, 2008 (gmt 0)

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Yahoo CEO, Yang, Says to Microsoft, [news.bbc.co.uk] 'Buy Yahoo'
Yahoo said the "For Sale" sign is still on its front lawn and that Microsoft should buy the company.

The internet portal's co-founder and CEO Jerry Yang made the comment despite the fact Yahoo rejected a $33 (£21) a share offer from Microsoft back in May.

Mr Yang's suggestion also came hours after Google pulled out of an internet advertising partnership with Yahoo.

"To this day the best thing for Microsoft to do is buy Yahoo," said Mr Yang.

"I don't think that is a bad idea at all, at the right price whatever that price is. We're willing to sell the company," he told a packed ballroom at the Web 2.0 summit in San Francisco.

4:05 am on Nov 7, 2008 (gmt 0)

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I'll stick by visionless. Jerry Yang is very talented and gifted. He built Yahoo and that's amazing. He had vision to that. He is visionless now when it comes to figuring out how Yahoo can compete on it's own and was visionless to discount the Microsoft deal.

There are many stages of a person's life. And at this stage Yang, no matter his past accomplishments, how great, he is utterly visionless. It's sad. Icahn (sp) knew this and wanted change, but the other board members apparently rallied around Yang's lack of vision. Looks like Icahn is the visionary now.

I'll bet Balmer is all kinds of happy now. He can walk in and pick and choose what he wants or low ball'em, whatever he wants to do. Like Balmer remarked about the early meetings with IBM. Microsoft always had to BOGU (bend over and grease up), now it's Yahoo's turn.

5:59 am on Nov 7, 2008 (gmt 0)

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I think this out-of-desperation statement. When things will cool down Yang will have a re-think and try to make it a stronger company.

Right now things are so messy that even at $15 ps, MS will not think of buying Y! They indicated once the buying-Y deal was over, that they have “moved on”.

9:23 am on Nov 7, 2008 (gmt 0)

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Too many years of screwing advertisers with their quality 'partner' sites aren't helping.

Dump search, go back to using the directory (which they can monetize), and which will provide relevant search results.

Dump 'partners', treat advertisers well, and go back to a simple bid system instead of trying to BE Google.

===========

Anyone else keep their 'Yahoo!' screaming button they got a year or so back? I'm going to display mine next to my Atari stock certificates.

10:05 am on Nov 7, 2008 (gmt 0)

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Hindsight makes everyone a genius.

when the deal was still on, almost everybody back here suggested to take the money and run.

It dosn't take a genius to accept a ten-figure check for a business that saw its peak years ago.

1:34 pm on Nov 7, 2008 (gmt 0)

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A combined, streamlined Y! MS is the only chance of creating a true competitor to Google. That is vitally important.

I think we're looking in the wrong place for an emerging competitor. I agree that some competition is essential (for all sorts of reasons), but both of these companies (Y! and MS) have already shown that they are simply unable to compete against Google. Lumping these idiots together isn't going to help, in my opinion.

No... I think we need to look to a start-up, much like Google was. Unfortunately, the length of time it will take for any start-up to make significant inroads to "competitor" status is quite long. Scariest of all... I can't even see anyone in that start-up phase that has what it takes.

3:13 pm on Nov 7, 2008 (gmt 0)

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All I can say with this news this upcoming Pubcom will be one of the most intresting ever or very close to the fisrt ones done. With all the changes going on with the world economy, the yahoo saga, and the November Google updates it is going to be one intresting time.

Sorry it this is kind of out of place but what else can ya say about this turn of events. :)

4:45 pm on Nov 7, 2008 (gmt 0)

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I'm going to add my voice of support to Yang. He doesn't deserve the heavy criticism he's getting. He built a great thing at a young age. Some other BIG SHOTS with no vision blew a great thing. He was given the reigns at a devastating time and didn't have a fair chance to turn things around. He inherited a mess and had to spend time putting out fire after fire. It's easy to judge from your terminal, but he sounds like a guy who cared about the company and the people. A rare thing in this day and age. I remain a fan of Yahoo and Yang and feel sad that circumstances are tainting his name.
Hindsight makes everyone a genius.

Being a nice guy is one thing, driving your company into the ground single handly is another.

2:57 pm on Nov 8, 2008 (gmt 0)

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It is the classic founder's dilemma. The company has grown beyond the level of the founder's control but the founder still thinks that it is his company. The result of this kind of thing is almost invariably bad for the company.

Microsoft needs the search element of Google and its patents. It doens't really need the rest.

Regards...jmcc

2:15 am on Nov 10, 2008 (gmt 0)

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The guy never had a chance to rebuild. He inherited the problems. Given time, with his vision he could have fixed things. But he was fighting fires from day one. Geez, one of the few guys tries to do the right thing and everyone dumps on him.
4:18 am on Nov 10, 2008 (gmt 0)

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Facebook has more value then Yahoo in my opinion. Just imagine an alert in Facebook saying "Bob has just bought a blue widget from WidgetMania" and a picture of the widget pops up too. This happens because Bob searches for widgets, through pay-per-click and conversion tracking the sale and it's published on facebook so his friends can possibly by the same thing and be cool like their friend Bob. The advertisers would love it... it's like building "page rank" through friend purchases for widgets... except instead of page rank it would be like "friend rank" and trust. This is the next step in the evolution of the internet through social networks.
10:40 am on Nov 10, 2008 (gmt 0)

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Arguably the company would benefit from running its dependents separately, which is what I assume will happen should no one step in to make an offer.

That said I somewhat share Clark's thoughts on the matter.

2:08 pm on Nov 11, 2008 (gmt 0)

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Clarification: "Arguably the company would benefit from having its dependents run separately,"
12:56 pm on Nov 18, 2008 (gmt 0)

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Guys, after reading all this finally, Yang stepped down!
This 43 message thread spans 2 pages: 43