How Marissa Mayer Mobilized Yahoo
fastcompany.com
fastcompany.com
The people getting mobile right are those making dinky little apps and then selling them for a billion dollars or more.
Yahoo is buying apps and websites for billions of dollars, and it is unclear if it has been able to leverage any of these purchases. It is just making others very, very rich.
Google and Facebook can spend billions on acquisitions, and then use them to enhance their already booming business. But simply enhance, not rescue - Facebook did not buy Instagram because it was on the ropes - it bought it because it complemented its existing killer product, and in hindsight was a bargain. And for Facebook and Google, a billion dollars here and there is a small investment.
Yahoo is trying to dig itself out of a deep hole of irrelevance with all these purchases and acquisitions - and I have not heard of many such success stories. In reality, I think I have heard less of Yahoo in the last couple of years than the years previously, and the ONLY times I have heard of it was either on their latest acquisition or something about Mayer. I mean good luck to them, but time is running out.
> In eight of the nine quarters that Yahoo has completed since her appointment, its display-advertising revenue has seen a year-over-year decrease.
As an aside Kodak knew what was coming from the 1970s and they still could not stop what happened - it is almost enough to make one think Marx was onto something with historical materialism [1].
Not to mention, I'm concerned about her earlier investments in content creation. Does anyone have any knowledge of how well Yahoo is doing on the video side? Yahoo spent a lot of money on high quality video and video streaming, but mobile users don't have the bandwidth necessary to make use of that service. I think Mayer should look to cut costs by dropping or slimming down Yahoo Screen, unless they can improve the experience for mobile clients.
BTW, one thing about the article that has nothing to do with Yahoo per se: their experience that HTML5 is not effective enough for mobile apps. I really hate the pressure to install a lot of apps on my Android phone and iPad. I would like to see HTML5 to be the dominate platform for content and web applications, but that is probably not going to happen.
I'm very impressed with the quality of mobile apps these days and I love the idea of mobile apps being the standard. I can move from device to device as long as it has a standards-compliant web browser.