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"In part Yahoo lost first adopters, but it’s a consumer play so that actually doesn’t matter that much when it comes to their bottom line. But it lost everyone’s imagination. Yahoo may have had the numbers but it has been Google getting all the press. And when that much noise is being made about a key competitor it doesn’t matter that you started from a superior position, eventually the noise becomes a self fulfilling prophecy in fact, as it has with Yahoo."
- Thomas Hawk
Translation: early adopters ARE important! Totally agree.
- Robert Scoble
Scoble, I'd put it this way: early adopters are your canary in the coal mine.
- Duncan Riley
Duncan-Put it this way-wanna make omelettes,need to break some eggs...
- Mark Forman
But where are they going to get these new talent from?
- Nick Cowie
from twhirl
I mean if you are bright young talented thing would you rather work for Google who is getting the press for the exciting stuff or boring Yahoo who has not done anything exciting lately? No excitement = lower press = harder to get new talent
- Nick Cowie
from twhirl
Or does yahoo just buy start ups and the people involved?
- Nick Cowie
from twhirl
Nick: buying companies is one way, but hot companies are a lot more expensive now than when they bought Flickr. They need to get a sense of purpose going again. That's really tough this week, but will need to take shape over next few months. I wish them luck!
- Robert Scoble
Scoble-sense of purpose-very on track. They've been like a rudderless Titanic and time she is a wastin...
- Mark Forman
I'd love to hear from the CEO and the board what their strategy is moving forward, and what they intend to do in order to shake this negativity. Why are they not part of this conversation?
- Eric Hamilton
Scobie that is part of my point you can not wave a little money aScobie that is part of my point you can not wave a little money and buy the talent of flickr and del.icio.us any more. Big bucks will get you a lot less now. Competing in open market for good talent has Yahoo at disadvantage, unless you want to be a VP ;-) and nuturing is long term approach
- Nick Cowie
from twhirl
Eric-Web 1.0 wasn't about transparency or crowd sourcing. hard for them to shake that culture especially since they are one of the few successes from then still around.
- Mark Forman
Mark, I don't think "I missed the cluetrain" is going to be a valid excuse with investors.
- Eric Hamilton
One angle that I can speak to closely is the heavy turn over in the last year or so on the sales side - Yahoo sales went through a stretch during the fall when they couldn't hold onto anyone, they were firing assistants as part of cut backs, and they simply couldn't hold work load. At my agency, several accounts cut budgets from yahoo by a significant percentage because they Yahoo couldn't handle the size of the media buys.
- Kevin
Kevin - Sounds like some very poor management going on over in Yahoo land.
- Eric Hamilton