Current Affairs

So much breathlessness for Yahoo announcement

By Brij ⋅ June 19, 2007 ⋅  Email This Post ⋅  Print This Post ⋅ Post a comment

So Terry Semel stepped down and rightly so. Business of media is now a business of technology so it makes strong sense to have technology guru at the top.

Jerry Yang has stepped in to fill in Semel’s place. To me this is a great news as Yahoo will now have geek at the top and a founder who can afford to go heavy on the vision. They need that. This move will help them in recruitment as well.

All the talk about Yahoo needing a partner and selling out doesn’t really make  sense to me. Why is everybody so breathless about Yahoo’s future. After all company is growing, with revenue up, stock is not that bad and if you imagine a world without Google then their execution wasn’t that bad.  They are not the only company suddenly looking clueless when compared against Google.

Lets check some basics here.

Jerry Yang is 38
Internet market is still in its infancy
Google hasn’t screwed up yet - They will eventually - Its a Newtonian thing !

We need counter to Google and thats not just in terms of search engine and technology. Yahoo brings cultural counter weight as well. People like Yahoo. For all you know this may be a time to go bullish on Yahoo.