Posts Tagged “
david filo
”When all else fails, change the logo
Yahoo's stock may be tanking, employees abandoning ship, Carl Icahn divesting his shareholdings, and the company relying on once-hated rival Google to better profit from the site's traffic, but someone on the Sunnyvale campus has been working hard on a new logo! It's got the same jauntily jagged baseline, but dispatches with serifs for rounded linecaps. And, like much of the company's internal branding, it's finally purple. The story goes that co-founders David Filo and Jerry Yang painted the walls of the company's original office a cheery purple and yellow because it was the cheapest paint at the store. The paintjob also served to distract early employees from the fact that the roof in the office leaked. In other words, CEO Yang has a long history of slapping a cheap coat of paint over severe structural issues in the hopes of boosting morale.Angry investors: Yahoo turned down Microsoft offer of $40 a share in 2007
A judge has unsealed documents in a shareholder lawsuit against Yahoo, the Wall Street Journal reports, and the allegations, now posted online, are explosive. Chiefly, that Microsoft offered to buy Yahoo at $40 a share in January 2007. Then-CEO Terry Semel turned Microsoft down, seeking to strike a commercial partnership instead. Slow progress in negotiating that deal made Microsoft executives impatient, leading to its unsolicited bid at $31 a share. While the plaintiffs, two Michigan pension funds, are presenting that history, it actually explains much about Yahoo's resistance to Microsoft's recent advances. More »Report: Bill Gates personally quashed Microsoft-Yahoo merger
Why didn't Microsoft CEO Steve Ballmer follow through on his threat to take his $33 per share offer for Yahoo to its shareholders? Because Microsoft chairman Bill Gates tapped the brakes, reports Kara Swisher. "Numerous sources" say Gates didn't want a Yahoo merger as a way to solve Microsoft's online problems, but figured as CEO of the company, Ballmer should have free rein. More »Cowed by shareholders, Yahoo's board now pushing for full merger
Like the rest of us, Yahoo's negotiators don't understand what Microsoft CEO Steve Ballmer means when he says Microsoft wants to acquire just Yahoo's search business. Board members, fearing corporate raider Carl Icahn and his friends, would now prefer a full merger. Microsoft would be down with such a deal, except CEO Ballmer and company worry Yahoo cofounder Yang and Filo still won't accept a bid for less than $37 a share. We don't buy this excuse, if only because we've heard Yang and Filo don't have much say over negotiations anymore. Not after the high-fives.F is for Fitzpatrick, and "hookers and blow"
LiveJournal founder Brad Fitzpatrick is a prankster, as evidenced by his Halloween costume last year, when the new Googler dressed up as Facebook to mock his coworkers' fears of the social network. I'm told that in Once You're Lucky, Twice You're Good, Sarah Lacy's new book about Web 2.0, there's an anecdote about Fitzpatrick submitting an expense report — successfully! — for "hookers and blow" when he worked at blog software startup Six Apart. That was likely a reference to the early days of LiveJournal, when users made ridiculous accusations that Fitzpatrick was spending money meant for servers and bandwidth on "hookers and blow." We'd love to hear more, but alas, Fitzpatrick only got 8 out of 294 pages, according to the book's index. Here's the page for "D" through "F": More »
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