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Marissa Mayer and the Fight to Save Yahoo!
Author: Nicholas Carlson
File Type: epub
A page-turning narrative about Marissa Mayers efforts to remake Yahoo as well as her own rise from Stanford University undergrad to CEO of a $30 billion corporation by the age of 38. When Yahoo hired star Google executive Mayer to be its CEO in 2012 employees rejoiced. They put posters on the walls throughout Yahoos California headquarters. On them there was Mayers face and one word HOPE. But one year later, Mayer sat in front of those same employees in a huge cafeteria on Yahoos campus and took the beating of her life. Her hair wet and her tone defensive, Mayer read and answered a series of employee-posed questions challenging the basic elements of her plan. There was anger in the room and, behind it, a question Was Mayer actually going to be able to do this thing? MARISSA MAYER AND THE FIGHT TO SAVE YAHOO! is the inside story of how Yahoo got into such awful shape in the first place, Marissa Mayers controversial rise at Google, and her desperate fight to save an Internet icon. In August 2011 hedge fund billionaire Daniel Loeb took a long look at Yahoo and decided to go to war with its management and board of directors. Loeb then bought a 5% stake and began a shareholder activist campaign that would cost the jobs of three CEOs before he finally settled on Googles golden girl Mayer to unlock the value lurking in the company. As Mayer began to remake Yahoo from a content company to a tech company, an internal civil war erupted. In author Nicholas Carlsons capable hands, this riveting book captures Mayers rise and Yahoos missteps as a dramatic illustration of what it takes to grab the brass ring in Silicon Valley. And it reveals whether it is possible for a big lumbering tech company to stay relevant in todays rapidly changing business landscape. ReviewGood books about business and its leaders often come in two forms a book with a message but without a gripping narrative to tell it, or a compelling narrative bereft of a message. In this extraordinary tale, Nick Carlson takes the reader on an amazing roller-coaster ride, traversing Yahoos ups and downs, and in the end leaving us not just with memories of a thrilling ride but with wisdom. Once, Yahoo was King of the Internet. Over its two decades, Yahoo recruited able leaders who, despite previous successes, stumbled. Sometimes they were at fault. Sometimes they were defeated by forces Hercules could not control. Among the many virtues of this book is that Nick Carlson strives to understand, not punish, the amazing cast of characters in this long-playing drama. Memories will linger long after this roller coaster stops. --Ken Auletta, author and Annals of Communications writer, The New Yorker Nicholas Carlson has written the inside story of one of the most fascinating tech leaders of our time, Marissa Mayer, and one of the most frustrating Internet giants of our time, Yahoo. This is a fast-paced, compelling, and detailed account of Mayers valiant efforts to turn round a company and culture that helped create the Internet as we know it.. --Richard Wolffe, executive editor, MSNBC.com, and author of The Message Before there was Google or Facebook or even Amazon, there was Yahoo. It was the Internet to many in the 1990s. But it has been sick for more than a decade. In this fascinating, deeply reported tale, Nicholas Carlson, for the first time, tells us why. Its an astonishing story of mistakes and missed opportunities polluted by a startling lack of vision almost from the beginning. If you want to understand what truly scares big shots running companies in Silicon Valley, read this book. They all worry about becoming Yahoo. --Fred Vogelstein, author of Dogfight How Apple and Google Went to War and Started a Revolution, and contributing editor, Wired magazine The inside story of the cult of personality that surrounds the leadership of Silicon Valleys technology behemothsA well-researched, up-to-date story about a fight to define one famous companys future. --Kirkus ReviewsAbout the AuthorNicholas Carlson is Business Insiders chief correspondent. His investigative reporting rewrote the histories of Facebook, Twitter, and Groupon. His coverage of Yahoo won Digidays award for best editorial achievement of the year. Carlson is a frequent guest on CNBC and contributes to the Bloomberg biography series Game Changers.
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