I feel slightly more disgusted than usual because I bought YHOO stock a while ago, because it was cheap (when factoring in Asian assets, etc.).
I had hopes the new CEO would try to turn Yahoo around. I don't believe in shitty display advertising long-term, but it could be viable for another 5 years. At least, I had confidence he could fire enough Directors and VPs to make Yahoo at least as innovative as eBay (also not a particular paragon in Silicon Valley), and I was hoping Yahoo's boardmembers would start actually acting in the interests of shareholders.
I had hopes the new CEO would try to turn Yahoo around. I don't believe in shitty display advertising long-term, but it could be viable for another 5 years. At least, I had confidence he could fire enough Directors and VPs to make Yahoo at least as innovative as eBay (also not a particular paragon in Silicon Valley), and I was hoping Yahoo's boardmembers would start actually acting in the interests of shareholders.
I guess I was wrong.