I have been a shareholder of Yahoo! (YHOO - Get Report) from 2006 to 2008 and then from December 2010 until today. Combined that’s about 5.5 years that I’ve owned this stock. So you can agree or disagree with my views on Yahoo! that the current management hasn’t been doing a good job and that it should unlock value for shareholders by selling to either Alibaba or SoftBank, but you can’t say I’m short-term oriented.
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I was criticized Wednesday in Business Insider by a former Yahoo! employee, Jeff Minich, who worked under Marissa Mayer in ad tech and then decided to quit. By his own admission, “Marissa made decisions and leadership changes related to the premium display business that made it difficult for me to continue working there.”
He goes on to say: “Marissa should have embraced these bright minds and incorporated their expertise and knowledge into her new native ad and mobile vision. She chose not to and Yahoo! display revenue, at least in the short term, suffered as a result.”
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