Senior Yahoos To Jerry: Please, Please, Please Get This Over With

Henry Blodget | April 26, 2008 4:42 PM

Picture 38.pngSenior Yahoos "dread" the prospect of Microsoft (MSFT) withdrawing its bid, Kara Swisher says, fearing the dull thud as Yahoo's stock crashes to $20. Specifically, Kara says, having chatted with her Yahoo (YHOO) sources,

Senior employees want it over with, don't want aol and dread no deal (stock collapse)

We've heard the same, and an SAI reader who is a Yahoo says that many Yahoos are sick of the purgatory and are sticking around largely to collect that big severance package:

All I know is that many Yahoos want a decision one way or the other - and soon. There is a lot of talent only staying at Y! right now due to the prospect of 'Double Trigger' (the severance package potentially activated post takeover). If it wasn't for that they would all walk. Tomorrow.

Kara also has the latest on when the bigwigs are getting together to make their decisions:

Sources tell me Yahoo’s board might gather Sunday to consider their options, although plans are still in flux. [Wait--didn't Yahoo already make its decision? Is this meeting to consider a last-minute cave?]

Microsoft sources indicate that it will decide on its move–fight or flight–by Monday or Tuesday of next week, even though the company set today as a deadline for initiating a proxy fight.

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33 Comments

risk:reward said:
that's not what i hear. jerry is fully aware of the potential for the stock to collapse if msft walks

a temporary(expect it to end before the end of the year)google alliance will be announced next week as a way to bring in additional revenue until AMP! is out of beta. it should keep the stock in the low to mid 20s.

i'm suprised at henry's sources or kara's sources.

Gabe (URL) said:
kara can haz permalink?!
Sebastian said:
@risk:reward
I'm sure he is aware that the stock will collapse, but that doesn't mean that the senior management wants to wait a long time to get the full value of their stock back.

Also, AMP is useless unless Yahoo is able to better monetize their inventory. Nobody will switch to Yahoo if they won't pay more money than Google. Given that Google is able to monetize search WAY better than Yahoo I doubt they will be able to do that.

So even though I don't want Yahoo to become a subsidiary of Microsoft, I fully understand the reasons why especially senior executives at Yahoo want the deal to happen.
risk:reward said:
Sebastian,

AMP! is designed to better monetize Y! inventory.

The AOL deal is the last option, and hopefully won't happen as long as the limited google search alliance is enough to support the stock.

yankini said:
Kara swisher obviously doesn't have a clue on how software engineers think. It is totally bogus that senior officials leak confidential information to her! Of course she has made all kinds of conclusions (MSFT paying higher bid, walking away, offering lower bid). I met an astrologer in India who did the same thing - laid out all possibilities as my future! One of them must be true anyway! Her naivette was proved when she predicted MSFT will withdraw so yahoo price can go down and then come back with a lower bid. Because such behavior is a clear sign of monopolistic behavior and makes yahoo look like a victim (if it hasn't already). Also, she thinks Yahoo pays millions to their advisers not to have any strategy when MSFT pulls back. These type of blogheads are thankfully just that! I am surprised Henry quotes her! Eventhough he has baggage of his own at least he has better judgment.
nothenry said:
nice one, henry. you lifted everything from kara, tossed in a sentence of snark, and got the clicks coming your way. LOL
Motts McGregor said:
Sue Decker and Bill Gates will be in Omaha starting Friday for the Berkshire Hathaway board meeting and then annual meeting. Seems to me that odds are this MSFT/YHOO thing has to be buttoned up by Thursday or it will be quite awkward for them both.

-Motts
r said:
One or two senior managers aren't representative of all senior managers or the work force in general.
uh? said:
What a load of crap. Who exactly are these senior Yahoos? Idiot middle managers? The actual senior Yahoos are in no way eager for a sale to MSFT.
Google (URL) said:
I am kind tire of this *inside* bullshit. Please don't waste our time anymore.

Page
Henry Blodget said:
No one's claiming every single one of Yahoo's hundreds of vice presidents want to sell to Microsoft. Kara is well connected at the company, and I, personally, enjoy hearing a take other than corporate version. Blend everything together--including the comments on this site--and you probably start to get a reasonable picture of the range of opinion.
Erik said:
The best thing that could happen to Y! is hundreds of overpaid mid level caretaker managers with the title of "VP" quit.

Title inflation is one of Y!'s biggest problems.

In the old days product managers (called producers back then) ran products. Senior producers ran groups (news, sports, , communities, entertainment and so on). It took weeks to launch a product, not years. It took days to launch a feature. There were no VP's. One person could make a decision.

Sebastian said:
@risk:reward
Yeah - Panama should already improve monetization. So should have done a lot of things. Thing is though that they failed - each and every time.

AMP could get them additional inventory to monetize, but just because you offer an auction based ad network doesn't mean you'll suddenly monetize like Google.
They're lacking the huge amount of advertisers Google has, releasing AMP won't change that.
Desmond Haynes, Jr. (URL) said:
It's a pity, how the company, Yahoo, is breaking up. Irrespective of what happens from here, the value of the company that was Y! is probably half of it. IF the brains move out, what remains?
Pity. Pity.
-Des
TechWatch
Desmond Haynes, Jr. (URL) said:
It's a pity, how the company, Yahoo, is breaking up. Irrespective of what happens from here, the value of the company that was Y! is probably half of it. IF the brains move out, what remains?
Pity. Pity.
-Des
href="http://techwatch.reviewk.com/
CK said:
No more upside left in this stock. The A-level talent is either gone or looking for their next gig. That leaves B-level people to work for MSFT or YHOO if this deal doesn't complete. The double trigger is most certainly keeping people tied to the mast...
joeblow said:
Sorkin!

Where are you when we need you? Forget the dinner and cocktails... Beat the bushes!
Miguel Carrasco (URL) said:
I was at the Web 2.0 Expo, they had some great new initiatives coming. However, everything they showed was a powerpoint or "designed" screenshot that was fake. Too little too late.

Miguel Carrasco
ihategoogle said:
@CK: There are still plenty of A players working at Yahoo. The notion that the only people left at Yahoo are one that cannot find another job is baseless. There is still a fair degree of loyalty at this company.

If you don't want to invest in Yahoo, then find another stock to bet on. There is no need to insult the employees. Besides, if they're the type that only stays when times are good and bails when things get a little tough, then who needs them.

@ihategoogle said:
Um, who would those A-players be? Undesirable attrition's at an all-time high. Google offered insane buyouts to everyone good at Yahoo, and unsurprisingly most of them took it.

I'm sure there are people left who are convinced they're A-talent... but that's how it works. B- and C-talent are always convinced they're better than they are, while A-talent is usually unaware of how good they are. That's part of what makes them A-talent.
A yahoo said:
Some of us love challenge not just money. Pulling the company out of its current situation is a great challenge. So we, the A+ players from other companies, moved to Yahoo! because it posed a unique challenge (which can bring us the satisfaction that no amount of money can). Those of you who can not understand people who love solving problems may have seen only the dollar chasers. I don't think Yahoo lost a lot by the people who left for google (what did they achieve there anyway, as one commenter wrote google is still a one-product company). I had a great offer from google but I will join google when it loses the dominant position. You can call me B-class or second rated or whatever but at least I am not a dollar chaser
Montecristo said:
To A yahoo...

Well...you have not accomplished much with this 'unique challenge'...that is why you are about to be taken over
Montecristo said:
To A yahoo...

Well...you have not accomplished much with this 'unique challenge'...that is why you are about to be taken over
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通販 (URL) said:
今日みつけたサイトは賃貸 住宅も収益物件も不動産 賃貸も賃貸マンションも新築マンションもしっかりカバーしてありすごく充実したさいとでもちろん投資を目的の方やリフォームをしたい人もすごく参考になるだう。ところで今,SEO対策などいまはやっているがホームページ制作会社にいらいしてもうまくはいかないようだ。
anson (URL) said:
640-802 / 350-001 / 642-105 / 350-018 / 70-293 / MB7-515Senior Yahoos To Jerry: Please, Please, Please Get This Over With Slow as molasses. You're so lame. Even a kid can make it. Try again.
masinn said:
出会い
チャットレディ
出会い

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