I’m on the Yahoo quarterly call. Results were okay, almost certainly better than expected.
More when news warrants. So far it feels like the calm before the storm.
[Update] Okay, that wasn’t a bad call, but it also felt sort of meandering and anti-climactic. There is more frustration among the analyst community than showed on the call, and Yang et al., didn’t do the best possible job communication the changes to the company’s strategy.
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It’s remarkable how quickly someone like Yang – a startup maverick back in the day – can sit there with a straight face and spew out that mindless corporate-speak on that call. I was going to say I was disgusted by it but then thought that’s too harsh. I then I realized it wasn’t. Any old time employees must be gagging at how he’s changed.
what would a real maverick have said then?
Certainly not this:
“So the goal is to turn Yahoo! into a company that powers and delights all of its communities by creating indispensable experiences.”
Hilarious. YY is right. He wasn’t always like this.