"The first is that she would recreate the technological circumstances of her users in her own life. Mayer went without broadband for years in her home, refusing to install it until it was also installed in the majority of American homes. She carried an iPhone at Google, which makes Android phones, because so did most mobile Web users."
edit: this one is funny:
" As she spoke, two of the people seated near her typed away like crazy, trying to take verbatim notes in Google Docs."
Yahoo using google docs for their email strategy :)
Who is leaking to Kara Swisher?
Having a leaky board member can be lethal.
"She said that Tumblr was an excellent product — an amazing tool for self-expression. She noted that it was beating Facebook with younger consumers."
Funny how in the same breath that Yahoo acquires companies to shut them down they can state with a straight face the new way of doing this is to let them stay independent post acquisition.
> Funny how in the same breath that Yahoo acquires companies to shut them down they can state with a straight face the new way of doing this is to let them stay independent post acquisition.
I don't think that's fair. There is a huge difference between acquiring a successful startup and letting them continue to be themselves, and acqui-hiring a failing startup and stripping it for parts. The point is tumblr isn't a repeat of flickr, delicious etc. Summly etc., are in a different category altogether, and it's not like they are being misled about what's going to happen when they are being acquired.
I would call this historical fiction, not a biography. The author says as much (after tens of thousands of words that almost no one will read all of). Quoting someone else, he writes:
"As part of the narrative, I have included passages of dialogue. Dialogue— what words were said— is a fact like any other. It is not necessarily a quotation from an interview with me and I would discourage readers from inferring that one or both of the speakers is a direct source."
The article ends up being overwhelmingly flattering, and subtly balances the flattery by bringing up and then dispelling muckety-muck from the news, with an insider POV. And of course no one has to vouch for a word of it.
Om malik thinks that the founder of business insider is biased: " Business Insider’s Henry Blodget, who benefits directly from the largess of Yahoo as a longtime shareholder and part time employee "
So this might explain this article.
And Om's take on yahoo: except for a rising share price, yahoo has achieved nothing in the past year [1].
And of course you left out the weasel words thereafter:
Readers should bear in mind that, given the vagaries of human memory, remembered dialogue is rarely the same as actual recordings and transcripts. At the same time, it is no more nor less accurate than many other recollections.
Which means there are two types of quotes in this article:
1) Those which are public and on some kind of record and
2) Those which are recollection
The quote you gave does not speak to 2, it speaks to 1 as a way to make sure people do not get confused when reading the article and think that he spoke to certain sources. It's a way of covering the source's asses. As for 2, the same standard applies to journalistic quoting in general: for instance, it is unlikely you will be able to sue someone successfully for misquoting you (ie: libel) if the general meaning of the quote is the same.
A terrific read! I learned a lot about what kind of a person Marissa is. If I had to summarize, I'd say she's "firm but fair".
An observation: There are 8 pages in total, but pages 1-3 were much shorter than 4-7, and 8 was the sources page. I think it's pretty smart of them to keep the first few pages short to keep you moving, and let the latter half be longer as you're committed to finishing if you've made it that far. I don't know of this is common practice for longer articles, but it's a great thing to do!
The dollar numbers being talked about in the article are kind of stunning, for a website that dropped off my radar more than a decade ago. Who are all these people with all that much money and where are they getting it from??
Those numbers are likely to reflect something, but the fact that Yahoo is so irrelevant to geeks and highly self-aware Internet users is a good sign that their position is very unstable. Somehow reminds of Microsoft gradually sliding into irrelevance (while still generating some dollars) for geeks first, and then for everyone else.
lose a lot of respect from peers if you are rising fast and they find out a powerful person has soft spot for him/her.
The only place this kind of favoritism is a negative is with personal relationships. Nobody bats an eye when the riser is a fraternity or alma mater cohort, where that kind of thing is expected.
If I were a betting man, I'd say it's a class argument that the favoritism wasn't "earned" in the proper way, without the old school tie.
Aside from that, in contemporary business culture, losing respect of your peers is no loss when you're upwardly mobile. They're the ones you're leaving behind.
>The only place this kind of favoritism is a negative is with personal relationships. Nobody bats an eye when the riser is a fraternity or alma mater cohort, where that kind of thing is expected.
I suspect that you're projecting here. I think favoritism in any of those situations is both expected and resented.
I don't see how sexual relationships are any less class-based than alma mater or frat stuff. People are more likely to have been in the same frat with someone outside of their class than to have dated someone outside of their class.
I am thinking cohort. People tend to date people who hang out in the exact social circles as they do. Which is what happened in this case, really.
There are lots of token and outsider members of colleges and frats that the insider groups will never even notice. The person dating the boss or the bosses' daughter/son is more likely to be a member of an insider group than somebody who attended the same elite university at the same time - especially if the frat/college person is of a different race or economic class than the boss.
Went to the same school, in the same frat, from the same town, went to the same camp, dated your sister once are all shorthand for describing insider groupings, not the cause of them.
People who work hard who are not insiders in that way will resent it.
The most interesting detail to me is this mentioned so off-handedly that it's easy to miss it: "At one point during Mayer’s early years at Google, she and Page started dating."
Now, I'm not saying that this had anything to do with her later success, on the contrary -- she obviously proved repeatedly that she is amazingly capable. But it's interesting that this kind of power shuffle that's going on in large companies inevitably includes some dose of sexual attraction; it reminds me of Salman Rushdie's Moth podcast appearance[0], where he described something similar in a Latin American coup.
Outside of the US/Western Europe, many men don't have the most enlightened view of women in the workplace. Perhaps this was her response to biases she rightly or wrongly perceived directly or indirectly.
For the context, that is, computing, the Internet,
mobile, etc., there is a fundamental problem: We
are awash in cheap processor cycles, main memory
bytes, solid state and rotating disk bytes,
infrastructure software, LAN and Internet bandwidth,
client devices, sensors, transducers, etc. and for
most of these are getting more rapidly.
The fundamental problem is what the heck to do of
high value -- change the world size -- with these
fantastic, cheap resources?
Open ocean sailing? Permitted trading without the
many 'tolls' from long paths across land.
Personal cars? Killed off the horses and passenger
trains and opened up suburbia.
Trucks? Killed off a lot of freight trains.
Electric lights? Got rid of lighting by burning
candles, whale oil, kerosene, and coal gas.
Big stuff.
Computing's done a lot so far. The fundamental
problem now is, now what?
The common assumption is that a big IT company must
frequently 'reinvent' itself and 'create' its
future. If so, then the big IT companies -- and
related companies in 'media', cars, etc. -- just
must successfully address significant parts of this
fundamental problem.
So, the fundamental problem must be (no choice)
shared by Yahoo, Google, Apple, Facebook, Samsung,
Intel, AMD, Cisco, Juniper, Microsoft, Oracle, IBM,
Amazon, newspapers, TV, movies, DARPA, essentially
all information technology (IT) startups and
venture capital, etc.
Efforts that successfully address significant parts
are coming forward quite slowly, maybe only a few
such efforts each 10 years. Not fast enough.
Big IT companies, I hate to say it, but a lot of you
guys stand to go the way of buggy whips if you fail
successfully to address significant parts of this
fundamental problem. So, better set up a group,
issue thinking caps, and get to work. Maybe the
projects look 'blue sky', but at least some of them
have to go all the way to revenue, earnings, and big
changes in the world. Gotta be willing to stand
there on the sea shore and think "open ocean
sailing" and, then, make it real, make a lot of
money, and change the world. Do that or you are in
line for a buggy whip award.
In a musical analogy, a little, student's piano
sonata won't cut it; think more like Beethoven's
'Ninth Symphony'.
One way -- not the only one -- is to look at some
'economics', i.e., how to take some work needed in
the economy and do it better and/or cheaper.
Yahoo? So, you have a lot of stock market data.
Now what? Envision an investor, see what else they
need, and start to provide it. Yes, there should be
a mobile tie in.
Yahoo? Yes, you have some headline news, maybe some
of it is entertaining. What about information that
is really valuable? Find some such categories and
how to get the information out there.
Yahoo? There's lots of stuff on the Internet, and
recently at AVC.COM Fred Wilson has been complaining
that he doesn't know how to find blogs, videos, etc.
he wants. A solution is needed.
With just the economic driver, we can go on and on.
I didn't say that it was all easy, but neither was
Beethoven's 'Ninth Symphony', and when he wrote it
he had been stone deaf for years.
Get on it Marissa or be in line for a buggy whip
award. And, f'get about picking colors or numbers
of screen pixels. And, to think better, get some
sleep.
TLDR: everything you need to know to predict how Marissa Mayer will run Yahoo.
I would say that the article is very short. It's supposed to be a biography; those things are usually massive.
It's a great condensation of a biography; just enough detail from the early years to get a sense of Marissa as a person and what guides her, the detail increasing through her Stanford and Google years to fill out her style and her strengths and weaknesses. And then a bunch of detail about why she was hunted and how, and on some of the pivotal actions she took at Yahoo (like the Tumblr acquisition and Mail redesign).
It's long, but it's very much story telling so it reads well. If it was half the length it could contain the same amount of information but would be much harder to read. In many cases the best way to convey information is to tell a story.
"The first is that she would recreate the technological circumstances of her users in her own life. Mayer went without broadband for years in her home, refusing to install it until it was also installed in the majority of American homes. She carried an iPhone at Google, which makes Android phones, because so did most mobile Web users."
edit: this one is funny:
" As she spoke, two of the people seated near her typed away like crazy, trying to take verbatim notes in Google Docs."
Yahoo using google docs for their email strategy :)
Who is leaking to Kara Swisher?
Having a leaky board member can be lethal.
"She said that Tumblr was an excellent product — an amazing tool for self-expression. She noted that it was beating Facebook with younger consumers."
Aha. Younger generation+mobile->tumbler acquisition.
Funny how in the same breath that Yahoo acquires companies to shut them down they can state with a straight face the new way of doing this is to let them stay independent post acquisition.