• On BNET: 3 worst things about the iPhone 3G S
June 17, 2008 3:49 PM PDT

Voting with their feet? File this one under 'stampede'

by Charles Cooper

If Jerry Yang has been saving up a "band of brothers" moment with his troops, this is it.

The departure of Flickr's co-founders, the husband and wife team of Caterina Fake and Stewart Butterfield, follows the earlier resignation of Jeff Weiner, who was executive vice president of Yahoo's network division.

yahoo headquarters

Last week, it was Usama Fayyad , chief data officer and EVP of research and strategic data solutions, as well as the announcement by Yahoo's high-profile developer Jeremy Zawodny that he's leaving the company as well.

Flickr's one of Yahoo's best properties. I suppose there's more than enough institutional memory within the group to withstand the resignation of its founders. But the timing comes at a really bad time for Yang and Yahoo. The company just finished up an unsatisfying four month on-again, off-again dalliance with Microsoft with Carl Icahn and the Wall Street crowd barking from the sidelines. It's too soon to predict whether a current deal with Google will work, but the pressure is on Yang to prove he knows better than the critics.

Even before the latest departures, AllThingsD co-impressario Kara Swisher asked the $64,000 question about Yang's tenure.

It's the obvious question, of course, to ask whether the co-founder of Yahoo has what it takes to manage the company through what will doubtlessly be a very difficult year.

It's no longer an academic question. Right now, Yang needs to demonstrate he's made of the stern stuff one associates with successful CEOs. Rightly or not, Yahoo is giving off signs of being in distress. It may be more image than reality. But in this business, image really does matter.

Jerry, is anybody home? With all due respect.

Charles Cooper has covered technology and business for more than 25 years. Before joining CNET News, he worked at the Associated Press, Computer & Software News, Computer Shopper, PC Week, and ZDNet. E-mail Charlie.
Recent posts from Coop's Corner
It's Coop's -30- column: Adios, sorta
To catch a (cyber) thief: It's not easy
I'm officially dropping out of the Twitter gab fest
Telcos said testing plan to offer PCs to businesses
The world is flat. So what's our problem?
First GM, now Silicon Graphics. Lessons learned?
LotusLive Engage: IBM's cloud gets social
LongJump to foster private clouds for corporate IT
Add a Comment (Log in or register) (9 Comments)
  • prev
  • 1
  • next
by DKrudop June 17, 2008 5:19 PM PDT
Reply to this comment
by Penguinisto June 17, 2008 9:28 PM PDT
You'll have to speak up. :)
by Sugiarto Setiabudi June 17, 2008 9:23 PM PDT
Everything gonna be allright !!

yahoo will survive and to be the best
Reply to this comment
by WilliamBanzai7 June 17, 2008 11:14 PM PDT
Mr Yang is of Asian/Chinese descent. Anyone who is familiar with this cultural milieu, knows the importance of saving ?face?.
At this point Yang?s face is being mopped allover town. He probably spends most of his time sulking about this. Don?t under estimate the impact of this seemingly trivial tidbit on the motivations of this man. He does not give a tinkers cuss about what his shareholders think. It is all about face. Microsoft surely know this and are best served by waiting quietly with arms open as Yang self destructs.
Reply to this comment
by T-Guy June 18, 2008 6:12 AM PDT
I am of Asian descent. Anyone who is familiar with this cultural milieu, knows that I wouldn't spend my time sulking about something like "saving face". Unfortunately, I don't underestimate the impact of people who are quick to make assumptions, make uneducated assumptions and proclamations, and don't know or acknowledge what they don't know. There are just too many of them.
by Seaspray0 June 18, 2008 10:05 AM PDT
It took years of a crumbling foundation for yahoo to reach the state it's in. This just didn't happen overnight. Am I surprised the buzzards are gathering over yahoo? Not in the least. It certainly was a wake up call for Mr Yang who still seems to think everything is "A-OK". Having his staff leave like this will give the shareholders even more reason to pull the plug on the current board with Mr. Yang. I don't think their employee retention poison pill can save him now.
Reply to this comment
by The_Decider June 19, 2008 12:41 PM PDT
Crumbling? They have been beating market forecasts and recently just fought off the deadly virus known as Microsoft. Let these idiots who were likely looking for a quick payday leave. They won't be missed.
by keeperplanet June 18, 2008 6:55 PM PDT
C'on Coop. How bout a little universal respect for the company that started it all. Yang, despite his shortcomings deserves better treatment from all of you so called heavy-topic-research-oriented-iFollow-must-be-like-every-body-else crowd. I thought you were better than that. The truth is Yang and Yahoo are under a planned attack, not unlike the ole smash and grab theft technique. If you want Icahn controlling Yahoo, and you want Microsoft ending up buying the pieces they want, and if you want Yahoo to go away, just keep on truckin' dude. Quite frankly, I like Yahoo--a lot. Have you tried their email? Unlimited storage? Small Business E-commerce services (where you or anyone can open a store in a few hours for so little money it is scary: http://smallbusiness.yahoo.com/ecommerce/features.php).

Quite frankly, you and your Cnet troupe, especially Dan Farber) have not done your homework. You are just pinging back some kind of populist tripe. Why don't you do your homework, give us the numbers, honest facts, compared to perhaps Microsoft's stellar record of incredible internet butchery over the last ten years. If Microsoft gets hold of Yahoo, you can kiss the company goodbye and it is pretty obvious from MICROSOFT's trail of failed management efforts that it won't take long. (don't make me give you a list).
Reply to this comment
by The_Decider June 19, 2008 12:40 PM PDT
Yahoo is doing nothing but slowly growing. Executives are dead weight. More than likely most of these people leaving are just upset that Yahoo didn't commit suicide for greedy, shortsighted short shareholders. Executives are a dime a dozen. This is an opportunity to promote people that actually care about Yahoo over the long term.
Reply to this comment
(9 Comments)
  • prev
  • 1
  • next
advertisement
Click Here

Making sense of Windows 7 upgrades

faq The basics and the fine print on Microsoft's options for those eyeing the next operating system from Redmond.
• Full Windows 7 coverage

Road Trip 2009: Big Sky Country

CNET News reporter Daniel Terdiman takes his car full of gadgets to the Rockies and the Great Plains in search of tech, science, nature, and more.
• America's Fortress: Cheyenne Mountain

About Coop's Corner

Charles Cooper has covered technology and business for more than 25 years. A graduate of Queens College and Columbia University, Cooper received the Excellence in Journalism award from the Northern California branch of the Society for Professional Journalists for column writing.

Add this feed to your online news reader

Coop's Corner topics

advertisement
advertisement

Inside CNET News

Scroll Left Scroll Right