Yahoo Sale: The Odyssey Ends and The Sky Diving Begins
Finally this long odyssey is over or perhaps it is just beginning since Ms.Mayers intends to stay on a bit in order to explain the mess that is Yahoo. Ms.Mayer was publically tasked to "rescue" the company while it was blantantly clear this was a task too daunting for most and this would include Ms.Mayer.
Can we characterise Yahoo as a company fallen from grace ? Well it is debatable if Yahoo ever had any grace. So now Verizon is at the helm ? What a strange bedfellow, that tends to happen when competition is narrowed to those who have billions in their coffer. Which makes me wonder why MSFT didn't buy them ? Never one affraid to take a chance in the wrong direction, even they realized Yahoo wasn't worth the asking price.
Let see, what were the assets of Yahoo as far as the site was concerned ? Fantasy Sports, Katie Coueric, and the mind numbing gossip that Yahoo chooses to post daily based upon your preferences of course.
Rumor has it Ms. Mayers will stick around for awhile and upon leaving, exit stage right with millions in the form a of golden parachute.