“Now that’s some mighty disruptive thinking: Instead of hiring people to take care of customers, why not entice other employees to do it, and pay them in crustacean instead of cold cash?”
Tech Startup Founder Says Women Are Like Men, Only Cheaper:
““WT actual f—”
Wall Street thinks Yahoo is worth less than nothing:
Can Marissa Mayer, or anyone else, make the company more than a tracking stock for Alibaba and Yahoo Japan?
Allow me to translate “would be immensely attractive to a private equity firm to leverage the firm because it’s still cash positive” into human English. It means:
Yahoo is so worthless that the only reason someone would ever consider buying it is to shake it upside down to steal whatever loose cash falls out of its corporate pockets before folding it up and throwing it onto a fire and selling the carved off mask of its brand to whoever walks by that moment.
“
“Our survey of GSB alumni identified large valuations of zero-revenue businesses as the most concerning observation in the tech sector today. Perhaps these concerns stem from scars caused by the dotcom bust that these alumni lived through shortly after graduating; when companies went bankrupt in flocks as funding dried up and negligible revenues had no chance of supporting hefty operating costs.
The tech sector has had a remarkable run in the last 14 years. Nearly every business leader and investor we interviewed anticipates some kind of correction in the next 2 to 3 years”
”
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