Jerry Yang Should Let Yahoo Go?
In fighting for the unusual and long-drawn-out war of Yahoo shareholding, each side has not reached a lot of common understandings, but all participants firmly believe some: Don’t believe other people.
Investor’s card Carl Icahn hopes to overthrow joint founder and concurrently CEO Jerry Yang of Yahoo and board of directors of Yahoo to safeguard the rights. Unless Jerry Yang no longer provokes the disturbance, Microsoft CEO Steve Ballmer has no intention of purchasing Yahoo. Jerry Yang tells Wall Street Journal recently: “Believe the board of directors of Kahn and him is a really wrong choice. “
The shareholder of Yahoo will vote at the annual meeting on August 1 on this, they will vote when the time comes that accept the list of board of directors of Yahoo that Kahn puts forward or continue pledging loyalty to Jerry Yang. My suggestion is if Microsoft revise it to purchase and offer in an all-round way again, agree to Kahn and plan of Microsoft, don’t believe Jerry Yang can regenerate Yahoo.
In 1994, Jerry Yang and others established Yahoo jointly, served as Chief Yahoo - -A mysterious role in the world - -,Terry - fill in Mayor (Terry Semel) Serve as a CEO. Yahoo at that time was only a network catalogue manual. Last year, Jerry Yang wield authority, filled in Mayor and withdrew. So Jerry Yang should be to some confused fact bearing finally and direct responsibility of Yahoo.
That day began from establishing, Yahoo was mostly a kind of form, but not the company. While making vow that pledges loyalty to, Yahoo is so high as to manage and mention ” purple that bleeding ” ,It is the color of the logo to be purple. Microsoft makes software, Google searches for, Facebook is a social network. Yahoo is purple, there is an exclamation mark behind.
When asked about what Yahoo was last month’s a magazine meeting, Jerry Yang answers: “We hope to begin from Yahoo in one day of yours. ” You still we can say that one day of yours is from taking a shower, coffee or train begins. However, it is the newspaper that Yahoo can let me associate it with most.
Like newspaper, various information sets once of Yahoo form a parcel together. The newspaper has news, financial information, tournament result, personal advertisement, riddle about a character or word,etc.. Yahoo has all these things, offers search, E-mail, picture storing and numerous other services at the same time.
This has brought enormous flow to Yahoo - -It has 500 million users, the value in the Internet firm is by ” eyeball ” But not included the times determined, Yahoo obtained extremely high valuation. At the end of 1999, the market value of this company reaches 149 billion dollars.
Hereafter, the market value of Yahoo was dropped to about 33 billion dollars, and the purchase in February of this year of Microsoft was offered was 44,600 million dollars. Though Google market value has already fallen down from the peak value level, Google market value is still 6 times of Yahoo. This is because under filling Mayor’s leadership in, all the time the fine long hair has been purposeless in the development of Yahoo, bureaucrat’s breath is dense on day, it lags behind Facebook again in the field of social network behind leaving Google in the field of searching for.
So, Jerry Yang and president of Yahoo Susan Decker manage the difficult problem facing many.