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36 Comments
- chris9902, on 10/11/2007, -0/+24get paid to stay out the way and not file a law suit.
- kenvsryu, on 10/11/2007, -5/+16Yang won't save yahoo. They should sell to Microsoft.
- Miche1987, on 10/11/2007, -3/+11FTA: "We remain the leader in Internet advertising..."
What's he smoking? That title belongs to Google. - bluedig, on 10/11/2007, -2/+8"I am excited to have the opportunity to continue working with the management team and the rest of the Board in my new role as non-executive Chairman"
Is this a joke? What does a non-executive Chairman do? - mandarin, on 10/11/2007, -1/+5Sleep late and collect money.
- inactive, on 10/11/2007, -1/+4I think it's rather amusing how so many companies claim they're the leader in so and so, when they're obviously not.
- capitalfellow, on 10/11/2007, -0/+2All a non-executive chairman does is play golf and exercise vested options.
- gadgetboy32, on 10/11/2007, -0/+2Screw this I use AOL!
- TyphoidTimmy, on 10/11/2007, -1/+3For those needing a quick sum up:
Dear Yahoo,
Can't believe you fell for this ***** this long. Will now get off the shooting range and let these new idiots take the shots for what I have done and what you will find out that I did in the future. If you need me, dial 9 and I may bring my face up from the coke off my secretaries ass to say 'leave me alone'. BTW, thanks for greenlighting my raises and bonuses for such daring deeds as 'showing up for work' and 'being able to not laugh at the stream of ***** I have said'. Good luck with the Yahoo Deathstar...Those Google Rebels will never defeat us *snicker*.
Kiss my ass,
Terry Semel
PS:
Kiss my ass
PPS:
Suckers - endustry, on 10/11/2007, -0/+2The guy made something like $60M on his stock options alone and lived in one of the ritziest hotels in San Francisco in lieu of actually buying a home in the bay area. I think he flew his private jet down to LA on the weekends, too.
- orangysb, on 10/11/2007, -1/+3your adblock blocks Google ads too, so your point is moot
- cybermort, on 10/11/2007, -0/+1yeah there was your problem yahoo. sure recipe for failure is a false sense of reality
- Gryffydd, on 10/11/2007, -0/+1I blame Donald Trump.
- globo33, on 10/11/2007, -0/+1 "From what I'm told the engineers at Yahoo had a running contest to see who could tell Semel the most outrageous lie and get away with it. Best one was a thing they called the Associative Speculative Search algorithm. They had 12 guys from IIT Bombay who were supposedly working on it; in fact they were down in some lab playing World of Warcraft."
http://fakesteve.blogspot.com/2007/06/i-was-never-very-impressed-by-terry.html - brundlefly76, on 10/11/2007, -0/+1It is more complicated then it sounds.
Google sells mostly text ads (and some rudimentary graphic ads) on its on properties and *cough* Adsense sites.
However, Google doesn't have extensive relationships with, say, Sony Pictures to have plan a rich media run-of-network campaign - these are big budget deals driven by sales people and ad managers at Yahoo!, not a point-and-click setup.
When was the last time you saw a video ad for Pirates of the Carribean on your Google search results or Gmail?
Well, youre probably glad you dont, but that doesnt mean there isnt a lot of money in it.
Yahoo! also sold all of Microsoft network ads but I think that is changing.
Also, sometimes you will see ad sales revenue stats which relate specifically to the ads sold for the Yahoo! portal only, which is deceiving because of its relationships selling ad campaigns to other major sites (not your link farm adsense page on angelfire, ala google) - jcmia1, on 10/11/2007, -0/+1Really, Semel, you are #1 paid CEO, and absolutely clueless about what is going on on the Internet and technology; you were lucky Yahoo! survived this long. What happened to that "peanut butter" email and the executive who wrote it? I really think you need to listen more to your own executives. So please, get the facts straight: you are not #1 in advertising. Get out and smell the internet once a while. So long.
- heifetz, on 10/11/2007, -0/+1Here are just a couple of things that yahoo has done in the last 12 years, and under Semel in the last 6 or so years.
Lose first mover's advantage to google. Yahoo had 3 year head start.
Semel decides not to buy google for a couple of billion.
Market cap difference between google and yahoo is 121 billion.
Let google become the dominant ad agent on the web.
Help China imprison journalists by revealing their information to the government stored on Yahoo's servers.
anything other embarrassing details that I've missed? - synthemesc, on 10/11/2007, -0/+1It means he's a director but not an officer, i.e. on the board but not on the executive leadership team (CEO, COO, CIO, CFO, C*Os). Directors are part of corporate governance, officers handle day-to-day management.
- cybermort, on 10/11/2007, -1/+1and don't forget the prime... chair in the board of directors conferencing table.
- cphelps, on 10/11/2007, -1/+1I know everyone is all about public image and looking good so they act nice, but reading that was worse than reading the contents of a contract.
- Lightspeed2, on 10/11/2007, -0/+0sorry but no you google sackrider, yahoo's search algorithm doesnt include links to blogspam like google
- inactive, on 10/11/2007, -2/+2they should put a restraining order on semel, keep him entirely away
- dakilla91, on 10/11/2007, -2/+1Screw this....I use Google!
- drobati, on 10/11/2007, -3/+2"We remain the leader in Internet advertising and a powerful competitive force in markets around the globe."
Correct me if I'm wrong, but isn't Google the number one Advertising provider on the internet? Unless hes speaking about being the number one Advertiser, but even thats incorrect as eBay should be the number one. - sfrench, on 10/11/2007, -3/+2I think their true reach would surprise you. You can identify Google's ads because they put their name on them, Yahoo's you sometimes can't. And they actually look quite similar to AdWords, so it would be easy to just assume them to be AdWords ads.
- sagat, on 10/11/2007, -4/+2Very classy letter it must be said.
- JamesWilson, on 10/11/2007, -3/+1They should have put Dave Chow in the board of directors.
- pardonmedoug, on 10/11/2007, -3/+1I am not an "audience." If I wanted to be an "audience" I would not have murdered my television.
And your "advertisers" are currently blocked by my firefox plugins. Next time you speak with them, tell them I said suck it.
No wonder these guys are a long #2. - TugsMcgroin, on 10/11/2007, -3/+1Really... who cares?
- inactive, on 10/11/2007, -3/+0Ah yes, Terry Semel, the Republican coffer who took down the Yahoo message boards after too many people started criticizing Israel and the Bush admin. They made the boards for registered users only in 1998, but even so many people kept posting the truth about Zionazism. Yahoo just cancelled all boards in the end, almost a year ago.
CSMonitor used to have open message boards. The people who posted there had decent well thought out messages, even the ones I disagreed with. Then the freepers found out about them and they were closed down.
Fox "news" now has message boards open to all. Just kidding. Fox doesn't have message boards. They don't want people discussing things in public. The truth might slip out. - pulhe, on 10/11/2007, -3/+0i think that yahoo would have to change totally his model of business, for yahoo stand out in something, I suppose that this is a first way for it. If yahoo does not make anything to get quota of market, will finish being bought by one of its competitors (Google and Microsoft).
http://www.mandacarallo.net - chris4404, on 10/11/2007, -5/+1More and more it seems like a good move.
- inactive, on 10/11/2007, -7/+2yang-hoOOOo-oooo
- gaqua, on 10/11/2007, -9/+3They should rename the company to Yanghoo in order to appease their new master.
Unfortunately, Yanghoo sounds like what my little sister used to call her private parts when she was 3. - scrimaxinc, on 10/11/2007, -15/+8They can break even if he brings in his cousin Ying as well.
- thinman1189, on 10/11/2007, -10/+1Didn't Microsoft buy Yahoo months ago?
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