Tag Archives: CEO

Marissa Mayer, the superwoman behind Yahoo.

marissamayerbaby

Nicolas Carlson from Business Insider has written a very insightful article on Marissa Mayer.

This article covers her early years as a student growing up. Getting her job at Google. Doing what she’s good at until she got demoted. But the demotion actually help shaped her into taking on new challenges in becoming the CEO of Yahoo! while having a baby.

Besides covering aspects of her life. It also talks about the struggles Yahoo! is facing and also the meticulous process in deciding who will be the next CEO of Yahoo! between Mayer or Levinsohn.

My favorite part of this article also made me laugh. Below is the excerpt.

Mayer heard him out, taking notes the whole time.
Within 24 hours, Mayer let Heckman know that she’d canceled all his deals and that his services were no longer needed by Yahoo.
Heckman flew to Ibiza, Spain for a 30-day vacation.

I can’t help but laughed out loud at the last line. A 30- day vacation was needed for being fired!

Reading the article also helped me understand what do people do most on their mobile.

The results made her laugh.
She learned that after activities like calling people, texting, and maps, the main things people do on their phones everyday are: check email, check weather, get news, get stock quotes, check sports scores, get entertainment news, share photos, communicate with groups, and ask questions.

So that’s what we all do on our mobiles?

The last bit that I liked about the article was how mobile startups are being bought over by silicon valley companies.

Yahoo lacked the mobile talent to staff such a group, so Mayer spent $200 million at the end of 2012 and through August 2013 acquiring more than 20 mobile startups. In almost every case, Yahoo would shut down the startup’s product, sign its engineering and product development people to two- and four-year contracts, and integrate them into Cahan’s team.

This is how you become rich overnight!

Full article – Marissa Mayer Biography

[image=Business Insider]

Steve Jobs, the quotes.

“If I were running Apple, I would milk the Macintosh for all it’s worth — and get busy on the next great thing. The PC wars are over. Done. Microsoft won a long time ago.”
—Fortune, 1996

“The products suck! There’s no sex in them anymore!”
—BusinessWeek, 1997

“Nobody has tried to swallow us since I’ve been here. I think they are afraid how we would taste.”
—Shareholder meeting, 1998

“And boy, have we patented it!”
—Macworld, 2007 (iPhone introduction)

“Do you want to spend the rest of your life selling sugared water or do you want a chance to change the world?”
—As said to John Sculley, Odyssey: Pepsi to Apple

Being the richest man in the cemetery doesn’t matter to me … Going to bed at night saying we’ve done something wonderful… that’s what matters to me.
—The Wall Street Journal, 1993