Yahoo! -An independent company
With all of the recent noise in the market about the Microsoft’s bid and Yahoo! rejection not sure how many of you thought that Yahoo! should accept the takeover but I am definitely on the otherside of the river, and I believe many of my fellow Yahoo!s also dint want it to happen. What is so much negative about Microsoft? Well I guess its not the -vity towards MS but its more of the Yahoo!’s culture that we Yahoo!s dint want to miss.
A bid for $42Billion USD for Yahoo!, a $31.00 USD per share, hmm well may be its good for the price on the previous day’s market close which was $19 odd, but definitely not good for all of those employees and shareholders who have been with the company for year’s together and must have bought their shares for $44 USD as well. Left apart the shares, what about the projects and the platforms coming up.
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Set aside all of the above mentioned, if you have a look at Yahoo!’s local market in Australia, its a joint-venture between Yahoo! and Channel Seven forming Yahoo!7 and Microsoft has JV with Channel Nine forming Nine MSN. So given that both the channels are bitter rivals, which one is going to get ditched? And if so, then what would have happened to the existing projects that have already launched and requires maintenance, and also the upcoming projects. Telecom NZ has left MSN for Yahoo! forming Yahoo!Xtra in New Zealand. So with the takeover what would be the fate of Y!Xtra?
So what would have happened to Google if this happened?
Between all of the confusion, Google started rolling its dice and expressing its worry by throwing a statement about Microsoft’s Monopoly and also offered to help Yahoo! should it decide to stay as an individual company. Internet is ever changing and takeovers and Joint ventures are a common thing in the industry. No doubt, Google’s position in the market is equivalent to “Bourne Supremacy” but it fears that the takeover would result in Microsoft’s “Bourne Ultimatum”.
I understand the shareholders concern as I am one as well, but definitely, I think Jerry needs some more time to clean up the mess. Since Jerry Yang has taken up the charge, both him and Sue have spoken about “big bets” and how we are going to achieve them. I and my fellow Yahoo!s believe strongly in Jerry’s leadership and are proud of being called Yahoo!s. With the laid plans and the work going ahead, I think its heading towards right direction and an year could overturn the company’s fate.

