There's another way to look at it. With $1bn of net income in 2011, Yahoo! can clearly turn a profit.
Could any of us here on HN forge a great, long term business from a profit stream of hundreds of millions of dollars? I'm sure quite a few could, and Meyer surely stands a good chance.
Even if she has to turn the organization upside down, make major branding changes, or fire key staff, Yahoo! has the resources, at least, to change for the better. It has just lacked the willpower, till now hopefully.
Could any of us here on HN forge a great, long term business from a profit stream of hundreds of millions of dollars? I'm sure quite a few could, and Meyer surely stands a good chance.
Even if she has to turn the organization upside down, make major branding changes, or fire key staff, Yahoo! has the resources, at least, to change for the better. It has just lacked the willpower, till now hopefully.