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."
Check out the full story here.
Yes, I use their search, and have a Gmail account (not my primary), and like Google Earth, but I wouldn't pay for any of it. I certainly don't think Google should be a $30 billion dollar company (just like I think Microsoft would have been crazy to actually pay $40+ billion for Yahoo).
You'd think we would have learned from the first internet bubble bursting, the internet is a means of distributing information. It is NOT a big bank where you get to print your own money just because you know HTML. The acquisitions of Facebook, MySpace, Twitter, etc.. will prove disastrous in the end, a couple years from now, when no one gives a crap about any of those sites.
Yahoo, after it got beaten by Google, seems kind of lost. like they dont know what they should do after.
They were stupid enough not to use their Brand image at its full potential.
Now Yahoo is being run by a dumb bitch, never a search company my ass.
Yahoo just gonna get worst. watch.