Gawker
-
valley spawn
Courtenay Semel: Ex-Yahoo CEO Dad Cut Her Off
What took him so long? Terry Semel, the Hollywood boss who abruptly quit his job as Yahoo's CEO in 2007, has frozen his daughter Courtenay's trust fund.
More » 
92,656
60
By Owen ThomasComment by Almostbanned: I've said it before, and I'll say it again. This chick is total trash, and not the kind you secretly... 4 Responses | Other threads
-
yahoo
Yahoo's Holiday Bonus: A Lawsuit Settled
If you thought Google's "dogfood" holiday gift was chintzy, check out what Yahoo employees got: $50. To donate to charity. Some others, though, are stuffing their stockings with a $10 million legal settlement.
10,374
By Owen ThomasComment by Lucille van Pelt: I agree, it's kind of silly that they were given money to donate to charity. but come on, bonuses are... 4 Responses | Other threads
-
timeline
An instant history of Yahoo
With 1,500 employees gone today, Yahoo has surely hit bottom. The company's third act begins today — either an amazing rebirth, a disappearance into Microsoft, or a slow grind into irrelevance. How did those become its options?
12,613
By Owen ThomasComment by CholeCatilina: There would be no Yahoo without the people you mock. It is too bad that they have made mistakes... 1 Responses | Other threads
-
stocks
Why founders win
Silicon Valley entrepreneurs like to talk about their hopes of "changing the world." Yes, of course: Changing the world from one in which they are poor to one in which they are fabulously wealthy. The question in the air is whether the founders of companies do a better job at creating wealth, for themselves and their investors, than professional managers. With Yahoo announcing Jerry Yang's plans to step down as CEO, it would seem like a losing time for founders. But Yang is an exceptional case; he took his hands off the steering wheel when Yahoo had a mere five employees, and never really ran anything until he stepped in as CEO last June. Most founders of successful startups eagerly seize power, and have to be forcibly dislodged from the driver's seat. The best never let go. Just take a long-term look at the stock market, and you'll see why. More » -
exits
Jerry Yang out as Yahoo CEO
Yahoo founder Jerry Yang is stepping down as CEO, and a search is underway for a replacement after a tumultuous 18 months on the job. Which is curious. In a recent interview, Yang had just told AllThingsD's Kara Swisher, "In this uncertain environment, I think I am absolutely the right person" to lead Yahoo. He must have changed his mind; Swisher reports that the decision was a "mutual" one made by Yang and Yahoo's board of directors. Either Yang was lying to Swisher, or he was deceived about the board's lack of support for him. Executive recruiter Heidrick & Struggles is conducting a search for Yang's replacement. Finding a successor to Yang will be difficult — not because Yang is irreplaceable, but because he has made such a mess of things that it will be hard to persuade a capable executive to risk their reputation fixing it. More »
7,778
By Owen ThomasComment by bittergreen: Jerry Yang reminds me of William Hung. 2 Responses | Other threads
-
courtenay semel
Ex-Yahoo CEO's daughter: "Google me"
Terry Semel, the former Warner Bros. chief who used to run Yahoo, can't catch a break from wild-child daughter Courtenay, who continues to embarrass him. The latest, via celebrity blog TMZ: Testimony from a court case about an incident last August where Courtenay — who's now dating MySpace hottie Tila Tequila — got handcuffed after swearing at Jaroslaw Jarczok, a security guard at Pure, a Las Vegas nightclub. The line that did her in: "Do you even know who I am, f**king idiot?...Google me, you dumb f**k." You would think, if she had any respect for Daddy whatsoever, she'd have told Jarczok to search for her name on Yahoo.
9,973
By Owen ThomasComment by Hey_mikey: Terry is so fugly it's like an ironic comment on rat faced humans. 1 Responses | Other threads
-
celebritards
Lindsay Lohan denies coke-fueled affair with Terry Semel's daughter
Former Yahoo CEO Terry Semel's daughter Courtenay told what reports call a "friend" that she and actress Lindsay Lohan met a party in the summer of 2006 and attending parties together "where they kissed and touched each other in the corner and did lines of cocaine in the toilet." Lohan denies the account: "No, that's not true." The friend says Courtenay thinks the drugs were Lohan's way of coping with a lesbian desires that she feared would ruin her career. More »
4,336
Comment by GarretAethra: 99%? Are you serious? I know from personal experience and friends that that's absolutely false. In fact I'd say... more » | Other threads
-
yahoo
Terry Semel's daughter arrested after assaulting a security guard in Las Vegas
Hollywood C-list scenester Courtenay Semel — former Yahoo CEO Terry Semel's daughter — left Pure nightclub last night with her MySpace and MTV famous girlfriend, the pseudo-bi Tila Tequila. Then she "smacked" a security guard in the back of the head. Security detained Semel until police arrived four hours later and issued her a citation for battery. Where was this kind of feistiness in papa Semel when Google started stomping all over Yahoo?(Photo by Getty)
3,267
Comment by AnnoyingRegistration: this is a lame story, even for Valleywag...unless you have live pics, videos, or user generated content at the scene?!... 1 Responses | Other threads
-
-
geek love
Terry Semel spawn Courtenay dating MySpace star Tila Tequila
Plasticly popular MySpace personality Tila Tequila and Courtenay Semel, the daughter of ex-Yahoo CEO Terry Semel, attended a premiere together last night in Los Angeles. There, the pair confirmed a more successful merger than Semel senior ever managed. “I’d seen the show [A Shot at Love] and just needed to meet her and it just happened,” Semel told People magazine. “It’s true what they say about lesbians," said Tequila. "You meet and then the next day you move in together, because I can’t get rid of her. She pretty much lives at my house.” We think this is the only Yahoo-MySpace deal we'll see happen. (Photo by AP/Steinberg)
9,381
Comment by Migrant Blogger: 30 comments on a VW story ... isn't this a record? more » | Other threads
-
nerdspotting
Four moguls walk into a bar
Google cofounder Larry Page, Yahoo president Sue Decker, ex-Yahoo CEO Terry Semel, and Legg Mason fund manager Bill Miller, who owns large stakes in Google and Yahoo, sat and talked at a corner table at the Sun Valley Lodge, the site of Allen & Co.'s power media conference in Idaho. Page and Miller reportedly dominated the conversation. [DealBook]
893
By Owen ThomasComment by dingdongditch: Since when did Sue Decker become a mogul? more » | Other threads
-
terry semel
Terry Semel Woos Dubai's Billions in Planned Return to Moguldom
While DreamWorks, Lionsgate and even Cash-Machine Manoj all have Indian capital to thank for their varying degrees of independence, Terry Semel is apparently courting a few billion dollars from Dubai as he nears a deal to acquire the management giant (and burgeoning media player) IMG. The ex-Warner Bros./Yahoo! kingpin has had his eye on Teddy Forstmann's hobby since at least June, when it was rumored Semel was knocking on a few gilded doors around the Middle East, hat in hand. More » -
online video
Lloyd Braun returns to Yahoo, extends reign of terror to Microsoft
Hollywood's savvy hustlers have struck again, with Lloyd Braun and Gail Berman convincing Yahoo and Microsoft to hire BermanBraun to produce a content portal for MSN and a contentpole for Yahoo called "Lunacy Report," according to sources cited by All Things Digital. For the ADD-affected with long term memory issues, former Yahoo CEO and Tom Cruise BFF Terry Semel hired Braun to shepherd in Yahoo's reign as a media company, followed by Braun taking the fall for much of Semel's own lunacy before Semel himself was ousted. More » -
comebacks
Terry Semel to bid $2 billion to $3 billion for talent and marketing agency IMG
With money from Warner Bros., private equity firms, and the United Arab Emirates, former Yahoo CEO Terry Semel wants to buy talent and marketing agency IMG. Semel's plan: Turn the agency, currently owned by buyout guy Ted Forstmann, into a media and content company with a focus on digital distribution — more or less the same thing Semel wanted to do with Yahoo. The difference this time? No one on Wall Street will ask why Semel and IMG aren't throwing money at catching up with those pipsqueaks Larry and Sergey in search.
640
Comment by The Cooler: So in other words, he wants to take a successful business, turn it into something completely different, and destroy it.... more » | Other threads
-
quotable
Meet the man Carl Icahn praised for fixing Yahoo: Terry Semel
How good is corporate raider Carl Icahn's grip on what's wrong with Yahoo? Two years ago, when Icahn complained to the Financial Times about inept executives at Time Warner, he asked why couldn't they be more like then-Yahoo CEO Terry Semel?Google, obviously, is one of the great success stories of all time, but Yahoo has done a great job with Terry Semel, who incidentally, they threw out of Time Warner.
(Photoillustration by Jackson West; photo of Icahn by AP/Mark Lennihan) -
anti-jackpot
Terry Semel lost $6.2 million working for Yahoo in 2007, but Sue Decker made almost $15 million
Any Yahoo can tell you that working at the troubled Web giant doesn't pay. But for former CEO Terry Semel, it really didn't. Last year, he made negative $6.2 million, Docu-Drama notes. The accounting oddity, uncovered in an SEC filing, has to do with stock awards he forfeited when he left the company last year. Don't weep for Semel: He still owns half a billion dollars in Yahoo stock, and has sold plenty, too. What shareholders may find more upsetting are the left-and-right raises Yahoo's board handed out to top Yahoo execs in 2007, a year whose horrible performance set up Yahoo for Microsoft's hostile bid. Here are the lowlights: More »
1,833
By Owen ThomasComment by sggrf: you must lump Sue decker in with terry more » | Other threads
-
acquisitions
Yahoo, Microsoft execs quietly talking
Remember how long it took for Microsoft and Yahoo to connect their instant-messenger systems? Microsoft's overtures to Yahoo executives seemed to be happening at the same pace. But at last, News.com reports, the companies are talking. Don't expect instant results. One of the reasons why Yahoo made itself vulnerable to Steve Ballmer's takeover bid? Because the stifling bureaucracy Terry Semel installed means everything takes forever to get done there. Jerry Yang's inability to commit to a course of action doesn't help. President Sue Decker is more decisive, but she's going through a divorce, which has to be a distraction, and her lousy people skills make it hard for her to execute on her plans. Steve, why don't you just go hostile? That seems faster. (Image by Geeks Are Hot)
1,959
By Owen ThomasComment by Owen Thomas: @Josh Lowensohn: Thanks, but I can't take credit! more » | Other threads
-
jackpot
Yahoo founders made $1.6 billion today and you didn't
Yahoo founders David Filo and Jerry Yang own 80,833,066 and 54,110,564 shares of Yahoo, respectively. At Microsoft's offer price, the pair have made almost $1.6 billion since yesterday's close and stand to cash out more than $4 billion total if the deal goes through. More amazing? Ousted CEO Terry Semel stands to cash out more than $650 million — not a bad reward for reviving Yahoo and then running it into the ground. We doubt the scurrilous, unfounded rumors that Semel is a Scientology OT 6, but it would explain a lot. Here's our chart of the top Yahoo shareholders and how much their Yahoo's holdings are worth at Microsoft's price. More »
4,360
Comment by vulturesquadron: @abmw: Six month contract? Almost any consultant hired on a T&M basis is a crook. more » | Other threads
-
explainer
The decline and fall of Yahoo
Like a child actor, Yahoo has always lived its life in public — and suffered for it. Its April 1996 IPO, when the company had a mere 49 employees, cast it in the spotlight long before it was ready. And like Hollywood, the stock market looks coldly on a fallen star. Microsoft's offer of $44 billion is less than the company was worth in October 1999 — before the tech-stock bubble's grotesque inflation more than doubled that to $97 billion. It has never regained its swagger. More » -
exits
Terry Semel leaves Yahoo for good, gets street named after him
Terry Semel has stepped down as chairman of Yahoo and will leave the board of directors, more than six months after he left his post as CEO of the company. Board member Roy Bostock will assume his role as non-executive chairman. Don't think they let Terry leave without some lovely parting gifts though: Valleywag has learned that the entrance to Yahoo's Sunnyvale headquarters will be renamed Semel Drive "out of appreciation for everything he's done" for Yahoo. Sweet! That's the kind of golden parachute everyone can enjoy! More »
3,344
Comment by SteamyMcFirecrotch: "Semel Dr.", otherwise known as, "Up the ol' dirt road." more » | Other threads
-
hollywood
Terry Semel eyes a return to Hollywood
Former Yahoo CEO and Warner Bros. cochairman Terry Semel wants another job in Hollywood, Deadline Hollywood Daily reports. New Line Cinema is Semel's most likely destination; he's already met with the studio's Time Warner bosses. But the site says Semel is telling friends, "I'm looking at everything." Sounds like about a 1,000 other soon-to-be ex-Yahoos we know! Only, you know, they aren't going to make it out with $528 million, like Semel did.
867
Comment by TheGunslinger: Wow. What company can Terry rape next? Perhaps he needs some more money to buy gas for his jet. Yahoo!... more » | Other threads
-
comebacks
The return of Terry Semel
Terry Semel is still Yahoo's chairman, but the company is rapidly erasing his mark on the business — chiefly any push into original content, a business Wall Street views as expensive and unrewarding. He's clearly not interested in carrying on that argument in the Yahoo boardroom. Instead, PaidContent reports, he's reviving his old company, Windsor Digital, the investment vehicle which carried him between Warner Bros. and Yahoo. More »
1,635
By Owen ThomasComment by yahoooooooooooooooooooooooo: Yahoo's biggest problem is lack of expense control. more » | Other threads
-
wealth
Forget his "wild-child" daughter — how much is Terry Semel worth?
The New York Post likes to run "blind items" — a gossip-column tradition where just enough details are given to help readers guess who's being talked about. Here's the latest:WHICH wild child daughter of an Internet billionaire has major problems? The lady-loving gal has been to rehab twice and still doesn't show any sign of slowing down.
Well, we're pretty sure the Post is talking about Courtenay Semel, daughter of Terry Semel, the Yahoo CEO. Courtenay was recently seen palling it up with Lindsay Lohan. Forget that: Here in Silicon Valley, money is the new sex, so it's the "Internet billionaire" part that intrigues us. More »
2,549
By Owen ThomasComment by hotdog: anybody know why semel is still the chairman in yahoo? what is he doing there? everybody i know... more » | Other threads
-
geek love
OMG! Yahoo gossips MIA on Semel daughter's ties to Lindsay Lohan
Is Yahoo censoring hot gossip about its Hollywood ex-boss's family? Page Six and other LA gossip rags tell us Lindsay Lohan's lastest BFF with benefits might be none other than Courtenay Semel. That's right, former Yahoo topper Terry Semel's daughter. Reportedly, the pair were seen together at a housewarming party with LA "power lesbian" Jeanette Longoria. More »
4,752
Comment by 0x6772: @dexdudee007: I don't think my decision not to own a television counts as divine intervention. more » | Other threads
-
yahoo
Yahoo chiefs ask for a redo on third quarter
MarketWatch, ahead of Yahoo's third-quarter earnings, said the company was looking to "start fresh." In other words, kindly ignore the drop in net income, the rise in expenses, the continued problems in display ads the company just reported — that's all in the past. How many fresh starts does a company need — or deserve — before current management is held responsible? One thing I notice in recent rah-rah stories planted by Yahoo PR: Everyone talks about how confident employees are in Jerry Yang. The unspoken message: No one trusts Yahoo president Sue Decker. And why should they, after she pushed out, in short succession, COO Dan Rosensweig, CEO Terry Semel, and popular U.S. display-sales chief Wenda Harris Millard?
1,024
By Owen ThomasComment by sggrf: Sue Decker has been in charge of large pieces of Yahoo for some time now. It's too late for her... more » | Other threads
-
politics
Terry Semel wants everyone to win
Remember how Yahoo exec Brad Garlinghouse, in his now-famous "peanut butter manifesto," complained Yahoo, under former CEO Terry Semel, spread its resources too thin over too many projects and too many ideas? Turns out Semel doesn't just have trouble picking business projects to fund.. The man is just as unable to pick a presidential candidate to believe in. According to the Huffington Post's new FundRace 2008, Semel donated to three different Democratic candidates in 2007. He spent $4,600 each on Tom Vilsack and Hilary Clinton in the first quarter and then another $2,300 on Barack Obama in the second. The candidacy of Vilsack, Semel's first choice, proved as successful as, oh, say, Semel proégé Lloyd Braun's career at Yahoo. (Photo by AP)
546
Comment by Rev. Paul T. Hipple: No, his porn name is Vic Vilsack. It gets complicated quickly. more » | Other threads
-
yahoo
Will botched newspaper deal lead to Sue Decker's ouster?
Yahoo executives keep touting the company's deal with a "consortium" of newspapers. But from what we hear from insiders, the "consortium" is just a bunch of paper, with no real technology designed to power Yahoo president Sue Decker's grand vision. Newspaper partners are growing increasingly skeptical that Yahoo will ever deliver. No wonder doubts are growing regarding Yahoo's grand alliance. Aside from HotJobs, the job-listings site Yahoo bought which has long partnered with newspapers, what substance is there? An insider's views, after the jump: More »
2,643
By Tim FaulknerComment by TouchDownFred: If yahoo doesn't know how to monetize their own inventory (what panama was supposed to help them do) then how... more » | Other threads
-
stats
Who makes more, Yahoo or Google engineers?
It really doesn't matter that Yahoo's "interim" CEO Jerry Yang doesn't have a 100-day plan. Even if he had a plan to execute, he can't attract the engineers to build it. Why? Google simply pays more, and engineers follow the money. According to MyDanwei, a salary-tracking site, the average Google software engineer makes $107,275 a year. Yahoo engineers take in $92,833 — almost 15 percent less. Wresting market share out from Google's grip faces any number of obstacles, but at some level it comes down to technology and the people that build it. Yahoo simply can't compete. That is, if MyDanwei can be trusted. After all, they still list Terry Semel as Yahoo's CEO. (Average salary calculated using listings under the title "Software Engineer" posted in 2007. An earlier math error in Google's pay has been updated.)
3,851
By Tim FaulknerComment by meowmeow: Google doesn't (shouldn't!) be attracting employees for the money anyway -- there's more to be made in chasing after the... more » | Other threads
-
yahoo
Sue Decker's ex-lieutenant speaks
Mark Rubash, the Yahoo finance executive who recently left the troubled Web giant — this, despite having the favor of new president Sue Decker — emailed Valleywag to deny that he lost a turf war with Rachel Glaser. If anything, he won the turf war, he says, getting offered a job in which he would have overseen Glaser's group. Instead, he turned down the job and left altogether. He's now CFO at Rearden Commerce, a startup in Foster City. In his note, though, he leaves a tantalizing hint about Glaser. More »
4,660
By Owen ThomasComment by scorecard: Because she would be threatened by any Internet exec who is competent. yahoo would be better off with Mark... more » | Other threads
-
yahoo
Toby Coppel builds a Canadian empire
Yahoo has decided to lump the hosers in with the Eurotrash, adding Canada to the Yahoo Europe team now headed by exec Toby Coppel. Why? Ostensibly because "Canada's multicultural diversity parallels Europe; and Canadian sites operate in English and French," Coppel claims in an inadvertently hilarious memo sent to all European and Canadian employees. The real reason, we suspect: Feeling his position threatened after career patron Terry Semel stepped down as Yahoo's CEO, and having been unceremoniously booted off Yahoo's "Management Team" page, Coppel is now begging for scraps of authority. Full memo after the jump. More »
2,255
Comment by scottp3318: Is it really possible that 50% of everone in Canada is a Yahoo user? That's a pretty awesome adoption number!... more » | Other threads
-
deals
Kara Swisher notes that News Corp. CEO Rupert Murdoch quietly confirmed a rumor: His company's talks with Yahoo about swapping MySpace for a large stake in the online portal were real, but derailed by Terry Semel's departure from the CEO spot at Yahoo. [AllThingsD.com] -
live coverage
Jerry Yang takes center stage in Yahoo's second-quarter earnings
Like a summer-fair wrestler extricating himself from a sweaty sumo fatsuit, Yahoo cofounder Jerry Yang is finding himself in a sticky situation. Yahoo's second-quarter earnings have come out. Without much of a track record as a manager, and an exceedingly short tenure as CEO, it's hard for Yang to take credit for any successes. But having hastily replaced former CEO Terry Semel, he's a handy target for shareholders looking for someone to blame. I listened in to today's earnings conference call and blogged live, after the jump, as Yang gave his first accounting of himself as CEO. Also on the call: President Sue Decker and CFO Blake Jorgensen. More »
3,476
By Owen ThomasComment by jsjohnst: @Tim Faulkner: Had the person who created the photo followed the licensing terms on the photo (aka attribution), you would know... more » | Other threads
-
ed zander
Eric Jackson strikes again!
Rumors that Ed Zander may step down as CEO of Motorola caused the stock to rise nearly 2% today. Whether or not the rumor is true, it demonstrates investors are no longer confident in Ed Zander's leadership of the chip and cell phone manufacturer. It also shows the growing power of the grassroots shareholder campaigns of Eric Jackson, who recently took on Terry Semel at Yahoo. More »
816
By Tim FaulknerComment by frankgilroy: I don't know if anyone here would be interested in this. But, I use to work at Motorola and... more » | Other threads
-
terry semel
"Whoa, was that Terry Semel leaving the Disney offices?" So says Twitter user Michael Sippey about the recently deposed Yahoo CEO (who will soon visit banker Herb Allen's annual mogul retreat). Could be business, could be a social call for the former Warner Brothers exec who never really left Hollywood.
1,319
By Nick DouglasComment by far33d: Oh god. I hope Iger is smarter than this. more » | Other threads
-
sun valley
Who's selling, who's buying at the Allen confab?
Sun Valley, the quiet Idaho ski resort town, is about to get a charge from Silicon Valley. Allen & Co., the New York investment bank, has been holding an exclusive conference there for 25 years, but until recently, the invite list has been limited to old-media moguls. On the invite list for this year's conference, which kicks off tonight: Jay Adelson, CEO of Digg, the social-news website, which he cofounded with Kevin Rose. Here's why we think Adelson's on the list — and who else might show up. More » -
pic of the day
Terry Semel recuperating with Tom Cruise
How is Terry Semel recovering from his recently ended and embattled tenure as Yahoo's chief executive? Apparently, he is hanging out with Hollywood buddy, Tom Cruise. Nobody can cheer you up like the laughing, smiling, and hypnotic movie star and Scientologist (if you aren't personally repulsed by the actor). And Tom's such a good listener (when he's not talking, that is). [Photo credit Pop Sugar.]
1,802
By Tim FaulknerComment by sample032: It's easy to find things Semel did wrong, but what about things he did right? 1. Not become the official search... more » | Other threads
-
microsoft
Tomorrow is Caturday!
CONFONZ — Yes, cheezburgers have taken over the IntarWeb. Who are we to go against the grain? Bitching and moaning won't help. The Conference Fonzerelli is still here, though his reign of terror is coming to a rapid end. With the weekend, and the Sea Siren parade coming up, the Fonz needs to trade in his leather jacket for a Spongebob-colored cardboard box. In an effort to get him out the door faster, he's wrapped up a nicely flavored selection of little dots for your mastication. After the jump, the Reiser alibi gets stronger, Semel on a Cruise, the Ballminator gets with L. Ron, and did the WSJ change its story? More » -
codgers
Aging ace-fully: The cool and uncool old men of tech
NICK DOUGLAS — Look, I can dig old people. Just because I'm young, energetic and oversexed doesn't mean I'm not aware that some day I'll reach the doddering age of 25. But I know there's a way to keep my inner child, or at least my inner arrogant college junior, by watching the example of still-cool graybeards like Steve Jobs. Guys like Yahoo's awkward CEO Terry Semel, though, show that you can't earn cool just by trying hard. While some of the following lords of tech have kept their cool past age 50, some have turned into embarrassing old men. More »
4,104
By Nick DouglasComment by Craig Newmark: folks, thanks! just back, getting caught up, will blog the gift basket maybe tomorrow on cnewmark.com. It includes the dvd, the... more » | Other threads
-
diggbait
The Tech Moguls Who Pay Republicans
NICK DOUGLAS — There are plenty of reasons for Silicon Valley to lean left. Silicon Valley is just south of San Francisco, home of liberal Congresswoman Nancy "Palomino" Pelosi. Techies are young, idealistic, and progressive. Their votes and their money end up with the Democrats. More »
250
By Nick DouglasComment by sample032: Thank you to all the listed contributors. I applaud you for supporting the political process, be it the GOP,... more » | Other threads
-
yahoo
SCOOP: Yahoo Go — Kiss these Yahoo VPs goodbye!
Wanna know who's getting booted from Yahoo next week? Here are the definite losers and the could-be-gones, with some corporate buzz about their chances. If you have more, e-mail tips@valleywag.com. More »
1,023
By Nick DouglasComment by thespy: Here's one to add to the list of should-be-goners, the director of Messenger engineering, this guy is some piece of... more » | Other threads
-
terry semel
Say goodbye, Terry: Is Yahoo tired of its chief?
"I am not satisfied with our current financial performance and we intend to improve it," says Terry Semel in Yahoo's latest investor conference call. While the CEO says "we" 306 more times (and "our" 188 more times), analysts and journalists are starting to wonder if Semel will be part of that "we" for much longer. All the latest press implies he's a fallen hero who's lost the power he brought to Yahoo a few years back, illustrated with his grimmest poses. More »
41
By Nick DouglasComment by Blackjack: You're not dreaming big, Nick. How about a Semel-Braun-Decker trifecta play instead? more » | Other threads
valleywag
San Francisco, 3:08 PM
Thu Jul 9
45 posts in the last 24 hours
Tip Your Editors:
tips@valleywag.com
| AIM
Valleywag:
Ryan Tate | Email
Valleywag elsewhere on the Web:
Twitter | Facebook
Valleywags Emeriti:
Nick Denton
Nick Douglas
Owen Thomas
Original material is licensed under a Creative Commons License permitting non-commercial sharing with attribution.
