From Wired: How Yahoo Blew It.
Talks about how Yahoo! offered to buy Google in 2002 and how things have changed since.
If you regularly read this blog, you know I have Semel as one of the Five CEOs that Must Go so this merely adds fuel to that fire. I still believe he’s made his money so it’s time to move on and let someone else guide the ship that has the passion to grow the company innovatively.
>In looking over the infamous group from that posting back in October of last year, #1 has been dethroned (Bob Nardelli formerly of Home Depot). How long until another one falls?
>Speaking of CEOs falling, George Shaeffer, Jr. of Fifth Third announced yesterday he was stepping down in April and Kevin Kabat will take over the reigns. This has been a long time coming, and George has caught ten tons of heat the past few years. I didn’t include him in the list back in October because he actually did a solid job in his 16 years at the helm–Fifth Third just didn’t continue to grow at the pace of some of their competitors in recent years. I believe they were more calculated in their moves, and that’s not always a bad thing.