MAYER SLAYERS COMING!?
News from inside the world of Yahoo!.. the exclamation point may soon get bigger over the tenure of Tumblr Gobbler Melissa Mayer..
There are troubles in the boardroom–troubles that may portend the end for the acting Mayer..
More:
There have been a number of business decisions, investments, and acquisitions being questioned as of late.. in a very public way.. Questions that showcase risky movies that the board may deem as too much..
The main question: The purchase plan of Alibaba..
As it currently stands, no indications from Yahoo have suggested the company is re-thinking its Alibaba spin-off plan.
One Yahoo investor told us that the board and Yahoo’s management team appears not to be thinking about this as owners of the company — and therefore stewards of shareholder capital — but as a management team that simply wants to keep itself in place.
In other words, this investor sees Yahoo’s board in something resembling self-preservation mode rather than acting in the best interests of the company over the long term.
Mayer is also facing the consequences of her own rule.. The company is in no better shape now financially than it was before she took over. The acquisition of Tumblr seemed strange at the time it occurred and now even more so.. remember the amount of people who flocked off of the social network then?
As I said then, I will say again. The fact Yahoo! buys something is a virtual online death sentence .. eventually. And just because so many people use Tumblr? Doesn’t mean much. Lots of people used and loved Geocities too.. Nothing is forever. With Marissa Mayer, less things are forever faster..
Time is ticking.
The boardroom is waiting.
Will bedlam hit the board? Or will Mayer live to slay another day?