Thursday, November 06, 2008

Jerry Yang, the Underwhelming CEO

Hi All,

Check this out. Evidently the CEO of Yahoo Inc. - Jerry Yang, is now effectively begging for Microsoft Corporation to buy Yahoo. If you remember, Yahoo and Microsoft were in buyout negotiations a few months ago, but the talks fell through due to Yang's intransigence.

At this point, I have to say that I'm not impressed with Yang, it feels like the guy had the opportunity to sell his company for $33 dollars a share, now its worth $14. Lame.
Click here for the story.

Best,

James

2 comments:

Tim said...

yup, he missed the dot com bubble and was trying to play it greedy. of course, even at current price, he will still have plenty of money if microsoft offers a reduced offer.

DC said...

Yang has been on Cramer's wall of shame for a long time now. I really can't stand Yang to be honest, and I don't think i'm in the minority.

David Carlson
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