Monday, August 1, 2016

Verizon buys Yahoo, early internet pioneer! How Marissa Mayer treated the company like a think tank?

Many people use Verizon as a cellphone provider. It is the top carrier over the past 3 years, as the company beats AT&T wireless at their own game. Now, Verizon is getting into the website domain space as they bought Yahoo for $4.8 billion last week. Where does Yahoo CEO Marissa Mayer go, after Yahoo is acquired? It is hard to say. In her four years as Yahoo CEO, she treated the company as a 'think tank' than a sinking ship. Marissa Mayer was the twentieth employee hired by Google, and she worked as a 'Googler' for thirteen years. She has an undergrad. and masters degrees from Stanford University. She has some outstanding credentials, but her next corporate move may be a mystery. Marissa Mayer sets an example of a female CEO, that led a company which had problems before she took over the reins. In February 2008, Microsoft made the $45 billion offer to buy Yahoo for its search engine capabilities. In Bill Gates final days as CEO and Chairman, Yahoo snubbed him and Microsoft. In this case, Yahoo should have agreed to be acquired by Microsoft in 2008. Yahoo would have been sold, for almost 9 times their current value. While at Yahoo, Marissa Mayer read every résumé before hiring a new employee. It may be up to 50 of these documents, which she would peruse daily. If she read 50 resumes daily, she should be owning her executive search recruitment agency next year. No joke! One of her next moves should be in venture capital, as she could work with KPCB (Kleiner Perkins caufield byers) or benchmark capital. Many of the former CEOs join the big VC's to continue their entrepreneurial ways of living. Finally, Marissa had a passion for listening to the employees. One of her favorite tasks was to ask the employees, about their next big idea. If you had many ideas, would you put them down on paper or leave them by the wayside? Humans are known to 'think big'; so strong ideas make the world a better place if they are implemented correctly. Lastly, see the image above of Marissa Mayer's pseudo résumé. It is craftily written in an impressive manner. Readers take note, as you may learn a lot about the Stanford alumnus.

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