Wednesday, December 19, 2012

The Day I Decide To Buy Yahoo! Stock: Marissa Mayer Part III

I went to search.yahoo.com today and realized, to my complete surprise, that Marissa Mayer had revamped the home screen so that it was minimal and functional, just like Google's. It was different enough that she could not really be accused of having ripped off Google, but it was welcoming and a wonderful change.

The last time that I wrote about Marissa Mayer, I said that she had not fixed the problem that the Oatmeal noted in his State of the Web comic. That has changed; I checked it and I went directly to Yahoo! when I clicked on a news article. YHOO is way undervalued, because Marissa has delved into the heart of the company and changed everything. I checked her financial results and they were, not surprisingly, incredibly impressive. Though I am not an advisor and this is just my opinion, the time to buy YHOO is now. Mayer, as I noted in my first post about her, has an enormous amount of drive and a wonderful network.

I was reading an article in Business Insider which said that Mayer had to walk softly around their adqhired employees, because word could get out that Yahoo! was a bad place to work. That is absolutely ludicrous. Yahoo already has a reputation as a bad place to work - that is why Yelp took $200 million less, so the founders could go work at Google with Mayer. Now that Mayer is at Yahoo!, Yahoo! is edging up on Google as one of the most attractive places to work. The idea that Mayer could worsen Yahoo!'s reputation is so ridiculous and absurd.

One of the reasons that she was chosen was because of her deep Silicon Valley connections. Through the APM program at Google, she handpicked the best of the best and she kept in touch with them, even when they left to found stuff like Dropbox. Mayer has her pick of the best of the best in the Valley - and she has not hesitated to find the right people to work for her. She is so efficient that I'm not surprised that she has hired for positions before firing the current job holders.

Source: AllThingsD
Marissa Mayer is energizing Yahoo! in a way that the world has not seen. They saw Google, but Larry Page and Sergey Brin were the founders. With Yahoo!, her success - her incredible success - will be attributed to her and her alone, because nobody else could do what she is doing now and what she has done with the company. I cannot wait to see what else she does and I am buying into Yahoo! stock now - because she is worth it.

2 comments:

  1. This is a great and informative article. What websites/print publications do you read regularly?

    How do you find time to read between your schooling/volunteering/traveling, etc?

    ReplyDelete
  2. It changes but right now I read:
    All Foreign Affairs
    CNN
    Financial Times
    MSNBC
    NPR
    PopSci
    The China Beat
    TIME
    NYT
    Washington Post
    White House press releases
    WSJ

    In French I read
    Courrier international
    Le Figaro
    Le Monde

    Those are just the news sites - I read so many blogs that adding those all up would be insane. I reference Penelope Trunk, Mr. Money Mustache, Ramit Sethi, and Mark Cuban a lot on this blog. I follow all of them.

    I don't volunteer right now due to my course load and my job; during the fall of 2011, I was also running part of a nonprofit (editor in chief of the newspaper and vice chair of the board), which I suppose could count as volunteering, so I'm glad that I have a little less on my plate. It's moderately challenging to keep on top of those, even with a much reduced work load. I spend an exorbitant amount of time reading, but I always have. I spent third grade reading a book or more a night instead of doing homework but still magically getting good grades (I'm unsure precisely how) mostly by doing very well on tests. I've read two books in the last two day's (Regis Philbin's daughter's book(s) on what it's like to be the daughter of someone famous and Alexandra Robbins' book The Geeks Shall Inherit the Earth) and I'm working on To Sell is Human by Daniel Pink. I am almost incapable of not reading, even when so doing is detrimental to other parts of my life (see 3rd grade story, above).

    ReplyDelete