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Showing posts with label Marissa Mayer. Show all posts
Showing posts with label Marissa Mayer. Show all posts

Monday, March 16, 2015

Jack Ma And Elon Musk


Jack Ma and Elon Musk are the two most exciting entrepreneurs on the planet right now. They come from two different ends. Jack Ma is coming from the China end, the Third World end, the Global South end. Elon Musk is coming from the rich country end where he is going to beat the bullet train and go to Mars, and what have you.

Elon Musk is more exciting than Larry Page right now. As to why Larry Page will not sink 20 billion into taking every human being online TODAY beats me! Google's search advantage will not last forever. And so it needs to cash it now, today.

If the smartwatch takes off, Tim Cook will have proven himself. And Steve Jobs will have proven himself. Jobs liked to say the most important thing he built is the company Apple itself, not the Mac, not the iPhone. Although I am not convinced the smartwatch alone can take Apple to being a trillion dollar company. I am on record saying that company is Google. But Larry Page has been a partially absent CEO. A CEO needs to be seen, needs to be heard, like Marissa Mayer was visible when she was with Google. Most of your talk is consumed internally, even when they are publicly made. People inside your company are watching.

But then I was not excited about the iPad when it came along. I am an active user. I don't passively read. I was like, no keyboard? Get out of here. But the iPad has been a monumental product. Right now I feel like the smartwatch is not for me. Just give me a phone with a battery that lasts twice as long. And I am happy. I actually like not having something around my wrist. I like that sense of freedom. My phone is my watch. And it is a smart one too. It is not for me, that does not mean it is not for other people. I will wait and watch.

Right now I am thinking the smartwatch is Apple's Google Glass. It will not die, but it will not go mainstream.


Sunday, December 21, 2014

Marissa Mayer: Going Down?

Marissa Mayer
Marissa Mayer (Photo credit: Wikipedia)
I just came across this article in the New York Times. Just a few days back I read another article like it. What do I have to say?

The media builds you up, then the media breaks you down. That is their bread and butter. But the questions I am asking are:

(1) Is/was Yahoo ever salvageable? Did it ever have a chance to become a Google/Facebook/Amazon/Apple again? Or had it descended permanently to an AOL status?

(2) Is two years enough time? Maybe it is. I don't know.

(3) Marissa never was Steve Jobs. She has no track record of having invented an entire industry in her early 20s. So this never was like a second coming of Steve Jobs. But I did think then and do think now she was Yahoo's best hope. Blaming Marissa now would be like blaming Barack Obama in 2010 for the sorry shape of the US economy. Although, let me make it clear, I do not think Marissa Mayer is Barack Obama.

(4) And all along I am looking at Jerry Yang's master stroke of having invested a billion dollars in Jack Ma. That move was as brilliant as the founding of Yahoo itself. Are more such moves possible? I would like to believe so.

What Happened When Marissa Mayer Tried to Be Steve Jobs

Wednesday, May 07, 2014

The Alibaba IPO

AliBaba
AliBaba (Photo credit: Stewf)
I never doubted Marissa Mayer's fundamentals as a tech executive, I think she is a trailblazer, but cynics claim 100% of her "success" at Yahoo can be attributed to Yahoo's stake in the Chinese tech giant Alibaba. Alibaba sells actual things. This is a signal that investors in America and other developed markets need to eye other emerging markets. There is an Alibaba waiting to happen in India, in Nigeria, in Brazil. And just like one Craig's List has fragmented into dozens of new, massive companies, and one inbox has fragmented into dozens of massive companies, Facebook among them (since you shared pictures over email before Facebook came along), I think Alibaba itself is a signal the Chinese ecommerce market can be broken up into smaller, more well-defined pieces. Alibaba's number one thing is ecommerce. There is a lesson. That you need a local approach to ecommerce in unique markets like China, and homegrown companies are best served. Other than founding Yahoo, investing early in Alibaba might be Jerry Yang's major masterstroke in life.

The Chinese are coming!

Alibaba Files to Go Public in US IPO of E-Commerce Giant
Founded by former English teacher Jack Ma, 49, in a Hangzhou apartment, Alibaba started with a few dozen items for sale. Alibaba’s market value is estimated at $168 billion, bigger than 95 percent of the Standard & Poor’s 500 Index -- and the most valuable Internet company after Google Inc....... Alibaba now provides various marketplaces for buyers and sellers, as well as services that help them conduct their businesses. Taobao Marketplace, founded in 2003, enables millions of individuals and small businesses to sell products. Tmall.com operates as a virtual shopping mall, with retailers and brands offering products. Alibaba’s other businesses include Juhuasuan, a flash-sales model, and eTao, a shopping search engine.
Alibaba’s Massive U.S. IPO Could Top Facebook’s Debut
Last year, the Chinese e-commerce business that is part-owned by Yahoo handled $248 billion in transactions, more than Amazon and eBay combined. ..... If successful, Alibaba’s IPO could eventually value the company at substantially more than $150 billion ...... a windfall for Yahoo, which owns 24% of the e-commerce giant...... dominates the Chinese e-commerce market, powering four-fifths of all online commerce in that country ..... the company also operates a digital payments service and a cloud computing business..... Alibaba accounts for about 75% of Yahoo’s valuation ...... At $200 billion, Alibaba would be worth more than U.S. tech titans Facebook and Amazon, but it would still trail Apple and Google, the world’s two most valuable technology companies. ..... Last year, Alibaba handled $248 billion in online transactions ... more than Amazon and eBay combined. ....... Alibaba’s meteoric growth has been powered by economic and demographic trends in China, including the ongoing emergence of a large, tech-savvy middle class. In its IPO filing, Alibaba cited China’s population of 1.35 billion people, including 618 million Internet users. The company said there are 500 million mobile Internet users and 302 million Internet shoppers in China. ..... There is less of a retail culture in China, ie. ‘Let’s go shopping on Sunday,’ ..... “The bottom line is that Yahoo’s stock continues to be driven by Alibaba results”
Yahoo’s Alibaba Stake Is Valued at $26 Billion
its stakes in Alibaba and Yahoo Japan, another Asian asset where it has a stake estimated at $9 billion..... Together, those holdings are worth about $35 billion, just under Yahoo’s current market capitalization of $36.7 billion. ...... Yahoo paid $1 billion for a 40% stake in Alibaba in 2005 and in 2012 Alibaba agreed to repurchased more than $7 billion in shares. Yahoo now owns 22.6%, according to Alibaba, and is required to sell 208 million shares in the IPO, worth $10.4 billion based on the most recent fair value. ..... Alibaba paid Yahoo $561 million in 2012 to license its intellectual property
With Alibaba IPO filing, pressure mounts on Yahoo
Marissa Mayer has dramatically changed the story line at Yahoo during her nearly two years as CEO ..... But even as Mayer has moved Yahoo away from under the cloud of worry which dogged it for so long, she'll soon be under growing pressure to prove that the company's turnaround is for real and not simply the result of a brilliant investment decision almost a decade ago. ...... In 2005, Yahoo co-founder Jerry Yang led the company through an investment in the little-known Alibaba, ponying up $1 billion for a 40 percent stake in the company. Today, Alibaba is valued anywhere from $150-$250 billion. Yahoo currently owns a 22.6 percent stake in the company. After Alibaba's IPO, Yahoo could end up with $12 billion in cash on its balance sheet ........ the challenge Yahoo faces as it seeks to compete in all these areas is that the incumbents are some of the fiercest names in technology: Google, Apple, Amazon, Netflix, and others. And without the security blanket of leaning on Alibaba's might during earnings reports, the pressure is on for Mayer to find something else to fill the void.
Alibaba's $1 billion IPO: The numbers to know
Known in the U.S. primarily for its association with Yahoo, Alibaba is an eBay-meets-Amazon and then some kind of business....... Most of Alibaba's revenue derives from online marketing and ads. Other revenue streams include membership and transaction fees, value-added services, and cloud services.
Meet Alibaba’s Jack Ma
Chinese Giant Alibaba Files for IPO, Perhaps the Largest in U.S. History
How Alibaba could change American business
Alibaba Sees SoftBank’s Masayoshi Son Staying on Board Post-IPO
10 Surprising Things You Can Buy Using Alibaba
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Tuesday, February 11, 2014

Nadella's Compensation, Mayer's Compensation


Inside Satya Nadella’s CEO Comp Package From Microsoft
Nadella will pick up a $1.2 million yearly cash salary ... Nadella is also eligible for a cash bonus of up to 300 percent of his salary each year, or $3.6 million. The new chief is also set to pick up a target stock bonus of $13.2 million in fiscal 2015..... for fiscal 2015, Nadella should pick up a total of $18 million..... Nadella’s compensation includes three five-year periods in which Microsoft’s stock performance will be compared to the S&P 500′s performance over the period. .... So the new executive could warrant up to 2.7 million shares total at the end of the three five-year programs in aggregate. .... Nadella stands to land north of $100 million
New Microsoft CEO Satya Nadella could earn $18 million next year
Nadella earned a total compensation package of $7.7 million in fiscal year 2013, when he served as president of the Server and Tools division at Microsoft. .... Nadella’s predecessor as CEO, Steve Ballmer, received $1.26 million in total compensation in fiscal year 2013
The new Microsoft: How Satya Nadella will transform the company
“He has a track record of making things happen in an organization where that’s hard to do.” .... “He also understands how to work within the Microsoft culture — and this is not a trivial thing.” .... Nadella has previously demonstrated the ability to navigate rough political waters — even while working with Gates and Ballmer .... He’s technically proficient and highly personable. He’s humble, but unafraid to lead by example. And he’s unwilling to accept the ordinary.
Satya Nadella's base salary 70% more than Ballmer's

Yahoo to Pay Mayer $100 Million Over Five Years
Marissa Mayer's first-year pay: $6 million
Yahoo CEO Marissa Mayer's pay package could be worth $129 million
Marissa Mayer's Yahoo CEO compensation nearly $60 million
Adding Up Marissa Mayer’s Pay at Yahoo
Yahoo CEO Marissa Mayer's salary revealed
Yahoo Paid CEO Marissa Mayer $36.6 Million in 2012


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Monday, October 07, 2013

Larry Page Has Been Underrated


Not Google. Google has been rated just fine. But not Larry Page. When we think of Larry Page, we don't think of him in terms of Steve Jobs or Bill Gates. Steve Jobs is even more mysterious than Bill Gates. Jobs had the theatrics done right. There was plenty of essence to him, but he was the master of how the media plays itself out. Compared to that Larry Page is boring. He does not have much of a stage presence. But the guy is a tech genius. And Google is the bright star in the sky.

I have felt this a long time. I am on record at this blog saying Larry Page should have been the Google CEO the entire time. If it were not for Larry, Google might have missed the Android boat altogether.

Now there is an article that supports my long held feelings towards Larry Page. Heck, compared to Larry Page even Marissa Mayer has more media wattage.

I think Larry Page will be truly appreciated when the Google Car hits the road in droves, universal internet access becomes a reality, gigabit broadband becomes the norm across the US, and we are all not ageing so fast no more. Give the guy until 2020 to give us a trillion dollar company.

Larry Page's Google Rules the Digital World
When Bill Gates was 40 he had just released Windows 95. When Steve Jobs was 40 he was still in exile at NeXT and Pixar. At age 40, Page is worth about $25 billion, and his days as Google CEO are just beginning.

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