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: Jenkins WebblitsWe Haven’t Come To Bury Jerry, But To Buy Yahoo Stock To Kick Him While He’s Down
Amid the flurry of stories about Jerry Yang’s resignation as Yahoo’s CEO, two posts stand out. The NY Times reported that Yahoo’s market value rose $2.3 billion in pre-market trading this morning, hours after Yang’s resignation was announced. TechCrunch put the increase at 1.8 billion. (BTW other companies, Apple, for example, have the opposite problem.)
I know a CEO is supposed to have thick skin, but, c’mon, it must really hurt when your company’s valuation shoots up the minute you say you’re leaving.
Full post as published by Jenkins Webblits on November 18, 2008 (boomark / email).
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