Yahoo’s Yang To Step Down – Great!

by Dual Income No Kids on November 17, 2008 · 0 comments

Well, it had to happen at some point.  Jerry Yang, the head of Yahoo Inc. is stepping down from his role as chief executive.  

This is probably a good move.   Back in 1999 yahoo used to be a good company.  But most recently Yang missed an opportunity to sell Yahoo to Microsoft for 33 dollars a share.  Historically though, yang has failed to capitalize on a number of business opportunities.  For example he tried to create his own advertising network to complete with google – which failed to pan out.   Also, yahoo has thoroughly lost the search engine wars.  Google is now by far the preferred method for finding things online – people use yahoo only very rarely. 

Best, 

James

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