Did you seriously just compare the CEO position at Yahoo to a _start-up_? To think the two are even in the same zip code, much less the same ballpark, is just, well it reflects a rather isolated viewpoint, put it that way. Yahoo is a $19B corporation.
Corrected. Poor phrasing on my part. I was suggesting a likely alternative for her would be starting a company, not that Yahoo is anything like a startup.
Wow, has HN been taken over by business types already?
Don't you think Mayer has enough capital, connections, reputation, experience, etc. that if she started a company to do what she wanted, how she wanted, it would be completely different from your average college-grad startup?
I mean, come on now. There's no comparing the two.
Oblig car metaphor: That's like saying hey, as an alternative to a free Lamborghini Aventador, you can have an old Pontiac Fiero chassis, and a Chevy 350 with a blown head gasket. If you're really lucky and amazing you might make something worth 1/10th what the Lamborghini is.
Car metaphors are tempting, but Yahoo vs. a startup is more like the difference between fixing up a rusty EOL aircraft carrier and building a sailboat.
I'm not sure the analogy stretches quite that far. Do you really care how many percent you own if you can drive it whenever you like and modify it however you please?
Not really a good metaphor. Steve Jobs, Tony Fadell, Elon Musk, Max Levchin, and many more entrepreneurs chose to start a second company rather than take a C level job somewhere else. A better analogy is whether to adapt an off the shelf piece of code to scratch your itch (often a reasonable choice) or to write your own from scratch, clean slate. The latter is much more risky, but that fits a certain personality.
Building a successful company is not a joke even if you have knowledge and connections. Users don't value what and whom you know.
At her level and for all she has done, getting to be the CEO of a billion dollar firm is actually a great deal.
Looking at it from other way around, Her career at Google might have probably come to a halt given the fact that Larry and Sergey are going to be there around for a long time to come. On the other hand, she could not be the CEO of a successful firm- Because such stints demand prior experience.
In short the change she got now is because, the company is currently a underdog. No big CEO who is already on a wave of success will take up that kind of a job. She needs the company because she gets to be the CEO and nobody else would offer her the same position.
Except as CEO she would probably make enough to buy a new Lamborghini every week. People rarely talk about opportunity costs but if you can make more than 10 million a year spending 5 years building a company from scratch to see a 30 million exit is a Failure. And doing better than that is ridiculously rare.
You would think that at Hacker News, car analogies would not be necessary, since I imagine there is a large proportion of users like myself who have no interest in cars, and have never owned nor intend to own one.
I have no idea how a Pontiac Fiero or a Chevy 350 compares to a Lamborghini Aventator without looking it up. All I know is that all three are probably luxury automobiles. I have even less of clue about what a head gasket might be.
On the other hand, if you tried to explain something to me by using a job at Google, Yahoo, and a start-up as analogies, it would definitely help make things more understandable.
Well, only the Lamborghini is a luxury car(unless you consider all cars a luxury but that would be a different discussion).
Otherwise, I fully agree with your point. I like cars and had no clue what, exactly, the Pontiac Fiero or the Chevy 350 were as I'm not American and those are American cars. Around here German(Mercedes, BMW, Audi, VW) and Japanese(Mazda, Subary, Toyota, ...) cars are much much more common.
Fiero: Pontiac's great experiment at making a European style sports car. A real _proper_ sports car: Mid-engined, rear wheel drive. Except, because most most of the parts were from other GM vehicles, it was mostly shite. Still - very popular with kit car/replicar builders because they made quite a few of them (~350,000) and they're cheap as donor cars.
Chevy 350: Basically a commodity engine. 5.7L pushrod V-8. Used in lots of GM vehicles from the late 60s through the early 90s. Camaros, Corvettes, Cadiallacs etc. Built tough, cheap, and there are a gazillion aftermarket parts available.
It's fairly unusual these days. Only thing you'll find with an engine that big is either a full-size SUV, a large truck, or a Corvette.
Plus, if you weren't here, you might not appreciate just how horrible the "EPA era" engines were. Much stricter emission controls + not having the technology to really meet it led to some really de-tuned engines. Wouldn't be unusual for a 5-6L engine in those days to only make 140-160HP stock.
I thought HN had a large preponderence of "engineers" (or at least they claim to be) I would have expected almost 100% of us sould have enough knowledge to understand the analogy.
Pontiac's and Chevy's are very American cars. Speaking as a European I can guess they're not as good as a Lamborghini but not with enough detail to make it a particularly useful comparison.
The flaw with this analogy isn't likening Yahoo! to a Lamborghini. It's saying that startups are all the same, regardless of who's starting them.
If Elon Musk and a new Stanford grad started brand new companies on the same day, would both companies be old busted cars with blown head gaskets?
Also, the metaphor is a bit flawed by likening the 17-year-old floundering company to a new sports car and a hypothetical new company as something that's already worthless because of wear and tear.
The appropriate analogy would not be a free Lamborghini, but the chance to drive one (with 2 bad tires) for a while. Or, go buy/build your own car and own it.
I think it's a great move, and Google is probably in favor of it.
Agreed. I understand there's a hacker mentality here, but who would really pass up the CEO at an established behemoth like Yahoo to take the reigns of an unproven (or found) startup?
Me. I'm not qualified to be the CEO of Yahoo, so I would only be setting myself up for failure if I took the job. But running a smaller company limits the amount of harm I can do to myself and others while I learn the ropes.
The only reason to expect Mayer to do well as the CEO of Yahoo would be if her work at Google were similar to that job in some respect. I'm not sure it is.