Hacker News Reader

Disclaimer: I don't think Yahoo is doing well and I think Marissa is not the leader people were hoping she would be.

From the few company announcements I listen to, it seems common for the CEO of the company to be emphasize the good, and de-emphasize (or omit) the bad. Anything less than great confidence is perceived as weakness, and the last thing a CEO wants to do is imply to shareholders that they don't know what they're doing.

Of course, I don't believe her words excuses her poor performance. Rather, it's important to recognize that her words are rhetoric: not necessarily things she believes but things she must say in light of the various pressures acting on Yahoo.

View on HN

She began to read. "Bobbie had a nickel all his very own. Should he buy some candy or an ice cream cone?" Mayer held the book up, to show the employees the illustrations. "Should he buy a bubble pipe? Or a boat of wood?" Another illustration. "Maybe, though, a little truck would be the best of all!" Employees in URLs exchanged looks. At their desks, employees in remote offices grew confused. What was Mayer doing?