Yahoo! CEO Carol Bartz says she would have sold the company Microsoft.
Since she was appointed CEO, Carol Bartz has made a lot of changes at Yahoo! and the outspoken chief executive has never been afraid of speaking her mind about how the company was run before she arrived.
A couple of weeks back Bartz surprised people by declaring Yahoo! was never a search company. Claiming "her fortune was in her pages" the Yahoo! CEO said she was more than happy with 20 percent of the search market. Yesterday Bartz said in an interview that had she been in charge when Microsoft was trying to buy Yahoo!, she would have said yes.
"Well, sure. You think I'm stupid?" she asked CNBC. "I mean, let me see... $15, $34, yeah, I think so."
Former CEO Jerry Yang rejected Microsoft's offer that amounted to nearly $45 billion, claiming the offer "substantially undervalued" the company.
When asked what's next for Yahoo! Bartz resorted back to her "search isn't what we're after" mantra. "I don't wake up in the morning and say 'Gosh, what am I going to search?' That's not what I do. I wake up and say, 'What's happening?' And that's really what Yahoo is. We really want to be the center of peoples' online lives."
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I would too
Yeah, I agree. If he is not now, I'll bet Jerry Yang will be kicking himself in the future for not cashing out when he had the chance.
Yeah, I do but then I pull up Tom's, Wired or CNN...never Yahoo.
I would too