Yahoo is one of the oldest and most valued websites in the world. It’s worth tens of billions. Or so it seems.
At a Tech Crunch conference in New York City today, CEO Marissa Meyer was in the hot seat. It was pointed out to her that, yes, Yahoo was worth in the tens of billions. But when you add it’s shares in Yahoo Japan and Chinese wholesale website Alibaba, the mega-conglomerate’s value is near zero. Meyer replied the Yahoo is just undervalued. She stuck up for her company to the core. She praised her talented staff and insists the company is running a lot better since she became CEO. Yahoo did take a beating in the stock market, but then again, most tech companies did. But that’s another story.
But let’s look at the big picture. Before Meyer took over as CEO, Yahoo was in deep trouble. But she cleaned it up, changed office policies, and turned it into an efficient machine! From the reports I’ve read, morale is definitely higher. Yahoo stocks are much higher than they were last year. As far as these international deals, sometime these ventures take time. Okay, sometimes they fall flat, but I say give it a chance. Are things really looking that bad for Yahoo?