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Blue Pill ExampleYahoo: a shining example of female leadership running a company into the ground. (self.TheRedPill)

submitted by aptway

Today, Yahoo reported a quarterly loss and falling revenue. The company is a good example of what happens when you fail to innovate and employ sexist employment policies in the workplace.

A couple of months ago, a male employee sued Yahoo in court, citing sexist policies in hiring, promotions, and layoffs. Don't worry, I used an archived link for HuffPost.

Yahoo will go down as a case study in business school about how you run a billion-plus company into the ground. Most of us have seen the article about the female only company that went the way of the dodo due to, well, no work getting accomplished due to petty catfights and office politicking. This is what's happening to Yahoo, but to a much slower extent.

Expect to see the company sold off in the coming year, Meyer terminated, and a cleaning out of the female middle-management that has decimated the company.

The value I think this post provides to TRP:

  • Reinforces common perceptions here that sexism in favor of men has rarely sunk a company, but the reverse appears not to be true.

  • Serves as a warning for anybody reading this to avoid investing in or working at Yahoo.

  • Provides a schadenboner for anybody that dislikes the Sandbergs and Mayers of the world.


[–][deleted]  (66 children)

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[–][deleted] 132 points133 points  (24 children)

literally fucked her way to the top, and is revered by feminists as some kind of role model, when she's a willfully ignorant retard...

you can't make this shit up.

[–][deleted]  (2 children)

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    [–]zue3 0 points1 point  (1 child)

    I really don't like those random doodles commemorating people that I've never even heard of. I know it doesn't really mean anything and they don't make a difference but I've always felt an inordinate amount of hate when I see a new google doodle.

    Especially those news stories about how some 10 year old got his doodle featured one day or whatever. Who fucking gives a shit?

    [–]1EarthExile 1 point2 points  (0 children)

    It was cute when they did Christmas and Halloween and that type of shit but yeah it became obscure bullshit every single day. Sometimes it doesn't even look like the word Google

    [–]PaulAJK 31 points32 points  (13 children)

    literally fucked her way to the top, and is revered by feminists as some kind of role model, when she's a willfully ignorant retard...

    you can't make this shit up.

    It's the Hillary Clinton Model...

    [–]CornyHoosier 23 points24 points  (7 children)

    There are many things to not like Hillary Clinton for but I feel it's rather intellectually lazy to think she fucked her way to the top. The woman is a pitbull who will use connections to get ahead ... but not from sucking dick.

    [–]Nizmonate 9 points10 points  (0 children)

    Lol quite obviously, Hillary does not suck the dick

    [–]PaulAJK 15 points16 points  (4 children)

    She married a guy who became president. How is that not fucking her way to the top?

    [–]CornyHoosier 10 points11 points  (2 children)

    If she was setting policy as First Lady of Arkansas or the United States I would agree. However, she was elected to her Senate position and her efforts at that position (and her campaign against Obama in 2008) led to her securing the Secretary of State position. To me that looks like intelligent effort on her part and stupidity would have led to her failure.

    She might have gotten a foot in the door but it was her ruthlessness in politics that got her elected. Far too many people underestimate that woman, likely to their own demise.

    [–][deleted] 14 points15 points  (0 children)

    she was the Junior Senator from New York who never lived a fucking day in New York in her life. They carpetbagged her in there because she wanted it and now her connections were powerful due to Bill. She got what she wanted, which was an easy senate seat delivered to her where even a corpse as a democrat would be elected.

    Send her to Texas and see how she fares. Or let her run in her home state where the people who knew her best could vote for her. But they didn't do that. They gifted her a seat, prepping her for presidential runs.

    So please, she didn't earn it. She was given it.

    [–]aang1818 12 points13 points  (0 children)

    You seem to be under the false impression that she was elected to senate based on any merit or worth she brought whatsoever. She wasnt, she won solely based on her name. The people voted for a Clinton; purely because they were expecting Bill Clinton 2.0

    [–]bluedrygrass 0 points1 point  (0 children)

    Because she doesn't have to, anymore. And because nobody would want her to suck his dick. But she would, if needed. Oh, if she would

    [–][deleted] 7 points8 points  (4 children)

    I thought she was a lesbian?

    Either way, Clinton is americas Thatcher.. don't kid yourself, this woman is ruthless.

    [–]2Overkillengine 6 points7 points  (1 child)

    Maybe a bargain basement Thatcher. Hillary has gotten caught with her hand in the figurative cookie jar so many times that even mainstream feminists question her competency. (Getting caught that often makes her a liability to Team Woman.)

    [–][deleted] 2 points3 points  (0 children)

    well, bush was americas tony blair.

    It has it's distinct... american flavour.

    Funny though, thatcher hated femenism. Didn't like the idea of all the herd taking credit for her rise to the top.

    [–]Zachar1a 4 points5 points  (1 child)

    Didn't Thatcher have ethics?

    [–][deleted] 6 points7 points  (0 children)

    depends who you ask. You don't get called the iron lady because of your kindness

    [–][deleted]  (4 children)

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      [–]red-pill-man 2 points3 points  (1 child)

      She insisted on taking the top and the guy couldn't escape!

      [–]1EarthExile 0 points1 point  (0 children)

      Easy lay for busy men. She was an asset to the company lol

      [–][deleted] 2 points3 points  (0 children)

      Would make an excellent movie, or porn.

      [–]CriminalMacabre 47 points48 points  (2 children)

      make strict clock times in a dev company is retarded: if you make me enter at 9am sharp, it means i will leave at 5pm sharp even if some retard set the production server in flames. At exactly 5pm it stops being my responsability.

      [–][deleted]  (1 child)

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        [–]CriminalMacabre 7 points8 points  (0 children)

        i know those companies that fire you if you don't work more hours than paid. You shouldn't stick long with this kind of people, they will fire you for any other stupid reason.

        [–]juliusstreicher 21 points22 points  (3 children)

        Of course Marissa will blame the tough markets.

        I don't believe this for a second.

        She will blame the Patriarchy, and, she will get a book deal, several positions at Ivy League universities and become CEO of several more businesses and universities.

        And, of course, she will serve as a well-paid consultant to Yahoo as part of her deal.

        And, is anybody forgetting her own reality show, the female version of "The Intern", or WTF it is that the Donald is on.

        [–]KorianHUN 13 points14 points  (0 children)

        You could make a feminist A LITERAL GOD and they would still fuck up and blame the patriarchy.

        [–][deleted] 5 points6 points  (0 children)

        Either way, like it's explained in Vox book about SJW, this gives a great opportunity for others out there to build off of yahoos failures and be the next tech giant.

        If only all the fortune 500s would become inept after their major successes, imagine the capitalism churn that would happen?

        It would be a roundabout meritocracy

        [–][deleted] 5 points6 points  (0 children)

        "The Apprentice". The show that The Donald is on is called "The Apprentice".

        [–]Ali_s1987 19 points20 points  (2 children)

        Chuck out director in the office next door, build a nursery for her new baby in office next door, release news article being a mother and career woman is easy. Piss off a lot of women.

        continue to buy up overpriced worthless investments. Buys Flikr - stagnates and loses the market. Blows 1.1 BILLION buying Tumblr - stagnantes and becomes a cesspit of porn and retardedness which has since devalued to 230 MILLION!! wtf Marissa!.

        WHAT! This cant even be fucking true!

        [–]ItsOnlyTheTruth 9 points10 points  (0 children)

        Like the tech world's Hillary Clinton.

        [–]ForensicFungineer 8 points9 points  (2 children)

        Your list of her first actions are basically suicide in Silicon Valley. The companies here provide all of these insane perks (not just the base level stuff she threw out the window) specifically to attract the best talent possible. You lose your talent and the well will quickly run dry, something she might finally be starting to realize. The only movement I personally have seen from Yahoo in the past 18 months in SF is a series of inexplicable billboards showing only their logo - a real sign that they had nothing coming in the way of innovation. All the while companies like google are morphing into alphabet and Apple is making more money than the U.S. Treasury - literally.

        I've read a ton of stuff on her over the past couple years and 90% of her decisions have defied all logic.

        [–][deleted]  (1 child)

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          [–]ForensicFungineer 2 points3 points  (0 children)

          I have heard of this incident but this is the first I read details about it. That has to be one of the more bizarre things I've ever heard of a C-level exec doing in this town, and the professional envelope pushers do some pretty oddball shit.

          [–][deleted] 6 points7 points  (0 children)

          Classic Lucifer's Daughter example.

          [–]The_Man11 5 points6 points  (2 children)

          This is awesome. Do Theranos next.

          [–]GermanScrewdriver 2 points3 points  (1 child)

          Reading this makes me wonder if this isn't a sly plan from Google to crush Yahoo...

          [–][deleted] 5 points6 points  (1 child)

          Awesome post.

          Scott Galloway a NYU prof on bloomberg also said, "she is the most overpaid CEO in history" and, "if she hadn't announced she was pregnant with twins she would have been out of the job in 6 months"

          watch here http://www.bloomberg.com/news/articles/2015-09-09/nyu-professor-yahoo-should-be-euthanized-and-marissa-mayer-is-the-most-overpaid-ceo-in-history

          [–]coxand 7 points8 points  (1 child)

          everyone seems to be forgetting this: http://www.businessinsider.com/marissa-mayer-cannes-lions-2014-6

          tldr: important meeting in 2014 with advertisers (Cannes). Marissa oversleeps, comes in late, everyone leaves. She looks foolish.

          [–]zpatriarchy 2 points3 points  (1 child)

          Their news and search engine are replaced and not theirs anymore.

          i still use their search because when i search for porn stars, they return actual porn, unlike the other search engines.

          [–]Luckyluke23 2 points3 points  (0 children)

          man great post, it's a shame that yahoo has pissed down the wind.

          though i mean, the only good thing yahoo does WELL is fantasy sports so if someone could buy that out before it foes to hell ( if it hasn't already ) I'd be happy

          [–]Endorsed Contributorredpillbanana 1 point2 points  (0 children)

          That story about oversleeping her important advertiser meeting is hilarious.

          It goes to show that once you're worth $300M, you never have to be on time for a meeting ever again.

          [–]beginner_ 1 point2 points  (1 child)

          isn't this all part of a big plan so that the guys putting here in as CEO can then buy the rest of Yahoo (alibaba) for cheap and profit?

          [–]aiguo888 1 point2 points  (0 children)

          Power hungry women always tend to be sadistic / psychopathic and the benevolent leader is rarely to be found.

          Pretty much every female manager I had acted like a tough mother or psycho bitch for some reason, while male managers tend to be reasonably chill, knowing that you don't keep skilled people with options around by being a dick and demanding unrealistic things.

          [–]1KyfhoMyoba 1 point2 points  (1 child)

          A few weeks ago I saw an article regarding Yahoo's valuation. It turns out that if you add its cash per share, plus its value of its stake in Alibaba (12.5%), they add up to 100% of the share price. IOW, all of Yahoo's operations, which MM is in charge of, are valued by the market as worth NOTHING.

          [–]iliketreeslikereally 1 point2 points  (0 children)

          Wow this woman is a total wreck haha

          [–][deleted]  (1 child)

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            [–]anihilistlol 0 points1 point  (0 children)

            Sounds accurate except for the "removing perks" part. She actually introduced free food to the office, so that the company could waste more money that they didn't have, rather than just promoting talented people who needed to be retained.

            She also blew boatloads of money on holiday parties, which is an employee perk, but again, it was a complete fucking waste. Retain good people by paying them more, not be throwing away money that you don't have.

            [–]hiphoprising 0 points1 point  (1 child)

            The husband's friends push her through as CEO (as they have invested heavily in Yahoo shares).

            The whole thing has been a farce, her husband's rich boys club have been waiting to liquidate yahoo from the start of Marissa...

            So wait, they got her hired so they could sell off shares? I don't understand. I guess this could mean they wanted to sell at the spike from "Yahoo hires female exec! Equality!" since Yahoo was already a dying beast.

            [–][deleted]  (1 child)

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              [–]basker932 43 points44 points  (2 children)

              Expect to see the company sold off in the coming year, Meyer terminated

              As a matter of fact, yesterday was the extended deadline for companies to submit bids for the core parts of yahoo (excluding alibaba and yahoo japan shares), so it's definitely being sold. Interested bidders are said to be verizon and google (att, time, and ms lost interest they said). I read a week ago that Mayer was shopping herself and her lackeys as part of a package deal to the bidders, but nobody seems to be biting. Dat hamster tho.

              Reinforces common perceptions here that sexism in favor of men has rarely sunk a company, but the reverse appears not to be true.

              One example of a man sinking a company would be when Romero was given free reign over Ion Storm. But at least he recruited the team that made Deus Ex, so it wasn't a complete, unmitigated disaster.

              Same with Yahoo's previous chief, Yang, who's the one who made the Alibaba investment that now comprises the bulk of Yahoo's value, although that was seemingly his only shining moment as CEO. Unlike these men however, Mayer did nothing redeeming as the CEO, although she secured generational wealth for herself and her descendents for decades to come to the tune of a $28 million golden parachute it's been reported. That was smart of her, so I guess only the stupid, little people think of the broader picture of the company's welfare, or maybe that's an outdated way of thinking. I suppose there's no way she navigated the corridors of corporate power without being machiavellian and selfish, looking out for numero uno above all else.

              I remember one wall st analyst writing a while back that Mayer should've scooped up netflix when its stock was really low. Yeah, that would've been really prescient in hindsight, but I can't fault her as that would've been too brilliant for anyone.

              Yahoo will go down as a case study in business school about how you run a billion-plus company into the ground.

              This all reminds me of the 3 lessons from a currently stickied post:

              Yahoo as a metaphor for the cucked beta suitor:

              1. "unearned commitment": Mayer was purportedly a capable engineer, but she was mainly picked on the basis of her gender. So she was unqualified and earned commitment too easily.

              2. "comfort and complacency": While she was ineffectively and impotently splashing out a billion for tumbler and throwing ten million a year to Couric to be "global news anchor" because grrrl power, the board kept putting up with it instead of putting up resistance.

              3. "not knowing when to cut ties": Mayer should've been ousted a long time ago. Now they'll be sold for less than she's spent during her tenure (acquisitions, stock buybacks, and failed R&D combined is almost 10 billion), as they're projected to be sold for no more than 8 billion.

              Congrats to Mayer for sticking it to the patriarchy (investors) and showing the world that a female CEO can be as ruthless and selfish as a male CEO.

              [–]Shit_Lord_Revan 4 points5 points  (0 children)

              Funny you should mention Romero cause he is an excellent example of a blue pill idiot crashing everything to impress a woman.

              Stevie Case, the Marissa Meyer of Ion Storm.

              [–]Semper_I 60 points61 points  (11 children)

              I work for a former CEO of Yahoo and he used to bitch about her all the time when he sees her name in the papers.

              [–]sir_wankalot_here 17 points18 points  (9 children)

              How did he lose control of the board ? Obviously she outsmarted him huh ? ☺ Edit: Judging by the downvotes, most of the Reddit does not understand how CEOs are chosen.

              [–][deleted] 39 points40 points  (2 children)

              Reddit probably believes CEO's are chosen by the People through a Democratic Vote based on their skill to improve the company's long-term financials.

              [–][deleted]  (3 children)

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                [–]sir_wankalot_here 7 points8 points  (2 children)

                Maybe she fucked half of the guys who own large blocks of shares. According to the article, Yahoo wants to get bought out. So she then fucks all the major large block shareholders of another company to convince them to do a stockswap. She meanwhile has issued herself large amounts of share options. Then when she engineers this merger, she benefits, the large shareholder benefit and the little guys get screwed.

                [–][deleted]  (1 child)

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                  [–]juliusstreicher 0 points1 point  (0 children)

                  Yep. That, and the threat of a lawsuit, and it's surprising that she wasn't CEO earlier.

                  [–]Squeezymypenisy 2 points3 points  (0 children)

                  It says in the comment she fucked a guy (later became her husband) who owned stock with his friends in yahoo. They are venture capitalists. Basically she had some of the heavy hitter shareholders backing her. Same as CEO gets chosen usually.

                  [–][deleted]  (4 children)

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                  [–][deleted]  (1 child)

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                    [–]SafeWordIsCommitment 13 points14 points  (3 children)

                    How dare you, cisgendered shit lord, doubt the efficacy of a wizard of Oz costume party in helping a company compete against Google in a cutting edge technology market!

                    http://recode.net/2015/11/11/marissa-mayers-convoluted-yahoo-strategy-theres-no-place-like-home/

                    [–]Endorsed ContributorRunawayGrain 11 points12 points  (0 children)

                    The difference is that Dorothy followed the outlined path, picked up competent help along the way, then achieved results.

                    [–]Polaris382 1 point2 points  (1 child)

                    Well not defending her, but people like the Rothschilds have had crazy dress up parties...and all the stuff at Bohemian Grove for another example

                    [–]2Overkillengine 1 point2 points  (0 children)

                    The difference is when one decides to celebrate success with a goofy ass party- those that hold the party beforehand assuming victory are less likely to actually succeed compared to those that put everything towards getting the damn job done with ruthless efficiency first.

                    [–]meh613 7 points8 points  (0 children)

                    To be fair, Yahoo had problems before she took over. They weren't sure what they wanted to do -- be a portal, a search engine, or a destination property on the Internet. And so, they just went and purchased companies without rhyme, reason, or a strategy for integration.

                    They bought flickr, as a photo-sharing destination, but didn't integrate it with their infrastructure.

                    They bought summly, inherited great people and great technology (I was involved with summly in the early stages) and killed it off.

                    They bought altavista, but never figured out what to do with it.

                    Their only asset was alibaba and when their IPO was less than stellar, they weren't able to sell it at the price they wanted to.

                    [–]Trump_for_prez2016 7 points8 points  (0 children)

                    a cleaning out of the female middle-management that has decimated the company.

                    The law makes this pretty tricky. Which means Yahoo is doomed no matter what.

                    [–]Wilreadit 9 points10 points  (0 children)

                    This is what happens when you pedestalize women at the office. Let them know and you too know that they can never match a man in skill.

                    That is because when a man wants to rise high and conquer the world, a woman wants to suck cock and raise babies.

                    [–][deleted] 4 points5 points  (2 children)

                    Tbh, she refuses to call herself a feminst, something that is good.

                    [–]juliusstreicher 6 points7 points  (0 children)

                    Wait till after she collects her 28 mil. Then, she'll give the unvarnished, hard, inconvenient truth about how the Patriarchy forced her to ruin the company!

                    [–]PineappleBoss 0 points1 point  (0 children)

                    only because she knows it would damage her in tech

                    [–]TRP VanguardWhisper 3 points4 points  (6 children)

                    Ellen Pao. Hillary Clinton. Marissa Meyer. Why is is that these women always seem to fuck someone on their way to the top?

                    Just once, I'd like to see a woman succeed on her own merits, just to get an idea of what sort of woman that would be. Because, so far, the female model for success appears to be "jump on the correct penis".

                    [–]TRP Vanguard: "Dark Triad Expert"IllimitableMan 1 point2 points  (1 child)

                    so far, the female model for success appears to be "jump on the correct penis".

                    It will probably always be this way. And every woman who makes it to the top feels she has to prove the point she's better than men, because in her heart of hearts she knows she's unworthy of the position and that she only got it from fucking the right guys. She knows she isn't the best person for the job, but rather that she has the job because she's cunning enough to use her sexuality to get shit she doesn't deserve.

                    Sadly it is men who enable this bullshit. If men perused hookers a little better, they wouldn't feel the need to fuck up companies by making incompetent bitches CEO.

                    Hookers are way cheaper than paying a CEO salary and destroying a company's net worth anyway. Some of these tech-betas should start seeing hookers, it'll be good for the health of the company they work at.

                    [–]TRP VanguardWhisper 1 point2 points  (0 children)

                    I've said it several times... there is a certain threshold of net worth above which a relationship becomes very, very dangerous, and only prostitutes make financial sense. A poor man pays prostitutes so that they will have sex with him. A rich man pays prostitutes so that they will go away afterwards.

                    Were one of my small ventures to take off and leave me sitting on a fortune of say, 100 million US dollars, I would be sure to pay any woman I had sex with, put on a retainer any woman I had repeated, ongoing sex with, and to never have just one of those (always either none, or at least two).

                    This would protect me from the possibility of any woman arguing in court that:

                    • She was my romantic partner.
                    • Therefore she was my partner.
                    • Therefore she was my full and equal business partner.
                    • Therefore she contributed 50% to my success.
                    • Therefore gib her dat.

                    The problem isn't even women getting things they didn't contribute to. The problem is that when a woman has an asset large enough to require management rather than simple ownership, she doesn't know how to do that, and doesn't know that she doesn't know. Sometimes, she learns, but usually, she destroys its value.

                    [–]Thirtysomethink 0 points1 point  (2 children)

                    Are you truly unable to think of a single example? I'm not being polemical; I'm trying to figure out if you're serious or not.

                    A few examples off the top of my head would be Elizabeth Holmes (founder and CEO of Theranos) and Margaret Thatcher.

                    Edit: I'm reading up on the last year's worth of news about Theranos only just now. Seems like that might not be much of a success after all. But Thatcher surely?

                    [–]TRP VanguardWhisper 3 points4 points  (1 child)

                    I actually did think of Maggie Thatcher. But not being British, I didn't get a good, in-context look at her career. I'm pretty sure she didn't ride a dick to power, though.

                    I see women who can handle authority a lot like I see sentient alien life. The sheer magnitude of the odds tells me that some examples must exist somewhere, but it's gotta pretty fucking unusual because you can look at vast swathes of the universe and not see any.

                    And most of the people who say they have seen it appear to be delusional loons.

                    [–]Thirtysomethink 0 points1 point  (0 children)

                    I am not inclined to disagree with the generalization. I was simply wondering if you were allowing for the possibility of exceptions. Thanks for replying.

                    [–]HS-Thompson 63 points64 points  (32 children)

                    There are many examples of misplaced women fucking things up, but this is not one of them. Yahoo was a dead man walking when she got there and will be when she leaves. As far as I can tell she has done an admirable if uninspired job trying to dig it out a little without much success and without any spectacular mistakes.

                    If you want an actual example look at HP, a sterling blue chip tech icon utterly demolished by an idiot and petty CEO who happened to be female.

                    [–][deleted]  (5 children)

                    [deleted]

                      [–]CriminalMacabre 4 points5 points  (3 children)

                      they retire from portable devices, laptops and even considering leaving desktop pc. What the fuck are they gonna sell, just printers and ink?

                      [–]HumbleEngineer 1 point2 points  (0 children)

                      They just released a premium laptop. If I'm not mistaken they have split the company into two.

                      [–]beachbbqlover 0 points1 point  (0 children)

                      Yeah, so I'd say they're an excellent example of running a business into the ground.

                      [–][deleted] 17 points18 points  (1 child)

                      Yahoo was a dead man walking when she got there

                      If you take control of a car that is plunging head-on towards a precipice, I won't fault you for not managing to steer it away in time, but I will fault you if you decide that it's a brilliant idea to flat out on the gas pedal.

                      Her acquisitions made no sense and burned billions, her hiring policies were fucked and her handling of the PR angle of being a woman in business was atrocious, turning it into a liability rather than the asset it was supposed to be.

                      [–]LazyHandjob 8 points9 points  (5 children)

                      Secondary example would be Elizabeth Holmes and Theranos. You can't fix your problems by ignoring them, and then saying that a respected investigative journalist and the FDA were just "wrong".

                      [–]Wilreadit 1 point2 points  (3 children)

                      Please can we have more on Holmes and Theranos. It was in the news they were being investigated for fraud.

                      [–]Endorsed ContributorRunawayGrain 4 points5 points  (2 children)

                      It's because of sexism, of course:

                      http://www.bloomberg.com/news/articles/2015-12-10/can-theranos-ceo-elizabeth-holmes-fend-off-her-critics-

                      All the same, Holmes says, she wasn’t prepared for how eager people would be to tear her down. “Until what happened in the last four weeks, I didn’t understand what it means to be a woman in this space,” she says, shaking her head. “Every article starting with, ‘A young woman.’ Right? Someone came up to me the other day, and they were like, ‘I have never read an article about Mark Zuckerberg that starts with ‘A young man.’ ”

                      [–]Wilreadit 2 points3 points  (0 children)

                      Right, when she was being lauded she said she was hot shit. Now that she might be sued it could be sexism.

                      Bravo.

                      What I want to know beside her bitchiness is if there is any substance to the bold claims that Theranos have made.

                      [–]HS-Thompson 1 point2 points  (0 children)

                      Now you're talking. Now there a genuine story of affirmative action type for an incompetent and fraudulent female executive. With a double dose of rich kid thrown in.

                      [–]sir_wankalot_here 2 points3 points  (12 children)

                      Redpill to bluepill, redoill to bluepill, can you hear me ?

                      The purpose of a leader is to get as much loot for themselves and their followers. The dictator's handbook covers the HP/Compaq merger as an example of using a merger to shrink the size of a board to maintain control. And probably she made a fortune along with the guys who backed her.

                      The only idiot is the guy who wrote this statement

                      If you want an actual example look at HP, a sterling blue chip tech icon utterly demolished by an idiot and petty CEO who happened to be female.

                      And I will point out the largest financial crisis in history was created by men. And the guys who profited from it where men. They make the HP CEO look like a sardine.

                      [–]HS-Thompson 12 points13 points  (0 children)

                      There are plenty of idiot or incompetent men in business obviously, and plenty of guys that made it there because of their last name or family advantages. That's no secret.

                      If you're claiming Carly Fiorina was some kind of secret Machiavellian genius for her actions at HP then that's your theory I suppose. I strongly disagree. I didn't even have to call you an idiot to do it.

                      [–][deleted] 7 points8 points  (6 children)

                      And I will point out the largest financial crisis in history was created by men.

                      Taking this as a mark against men is like saying "the biggest scientific misconceptions in history were caused by men". We are the only game in town, of course we'll be responsible for the mistakes as well as the successes.

                      [–]disposable_me_0001 0 points1 point  (0 children)

                      Then you have to look at the track records. I don't have a comprehensive list, but the only well respected female CEO I can think of is Indra Nooyi.

                      [–]sir_wankalot_here 0 points1 point  (3 children)

                      Actually it wasn't a mistake it was intentionally planned.

                      [–]HS-Thompson 4 points5 points  (0 children)

                      It's not really an intentional plan so much as a principal-agent problem and poorly placed incentives. But advanced critical thinking in a business and economics context may not be your strong suit.

                      [–]1EarthExile 0 points1 point  (0 children)

                      I don't know that the crash was planned, everyone involved would obviously be better off if everything kept working the same way it was. The whole system just ignored warning signs and bent over for the ultra wealthy

                      [–]Squeezymypenisy -1 points0 points  (0 children)

                      A lot of guys really don't want to believe that.

                      [–]Squeezymypenisy -1 points0 points  (0 children)

                      I wouldn't call it a mistake. They knew what they were doing. It was thr largest con in history.

                      [–]Senior Endorsed Contributormax_peenor 1 point2 points  (3 children)

                      And I will point out the largest financial crisis in history was created by men.

                      I disagree. It was created by women. How else were we going to fund our rampant materialistic society where we maintain $750B yearly account deficits from imports of consumer goods? With debt. And then more debt. And then layers of toxic tranches of exotic debt. And then some more debt over that.

                      What happened with the rubber band snapped? They flushed the turd and we just kept importing more and more shit.

                      My batshit insane prog uncle (a boomer, of course) went on a rant about how Bush ruined the economy. I asked just how this happened. His answer? He said the banks couldn't lend people money any more to buy more stuff, thus crippling the economy. Holy dogsnot on a stick, if the only way to keep your economy going is to borrow more money, you have no economy--you are just swiping the credit card and hoping it won't get maxed out.

                      The financial crisis never ended. It's still going. They are just swiping the card and swiping the card. Hold on to your balls, my friends, and enjoy the decline.

                      [–]sir_wankalot_here 0 points1 point  (2 children)

                      Most of the debt was caused by banks and other financial institutions buying bad investments in this case financial derivatives, and then making from these derivatives making more derivatives and selling it bad to another institute. It was little more then a Ponzi scheme.

                      [–]Senior Endorsed Contributormax_peenor 1 point2 points  (1 child)

                      Derivatives were how they balanced the account deficits. Once the train left the station, it was its destiny to derail.

                      Now the fed just prints the money and stuffs it in their vaults. Some say this is an improvement. I say it's playing musical chairs on the deck of the titanic.

                      [–]sir_wankalot_here 1 point2 points  (0 children)

                      Exactly. It is a Ponzi scheme where the Fed (and other central banks) pick up the tab after the balloon goes pop.

                      Simplified example. Bank A buys 100 mortgages for $100. It then splits it into 100 shares which it sells to Bank B for $110. Bank B then basically takes those 100 shares , rwbundles them and breaks it into 100 more shares which is sells back to bank A for $120.

                      Every time they do this they profit $10. The guys running the bank then pay themselves huge bonuses.

                      An observant guy will say this is a Ponzi scheme. Yes. Then when it goes bang. Guess who picks up the tab, the Federal Reserve or you the taxpayer.

                      As for the finger pointing, blame Bush,blame Clinton, blame Obama. Guess what sucker, all of those guys knew what was happening.

                      [–]CastratedBetaOrbiter 0 points1 point  (0 children)

                      Marissa Mayer drove Yahoo down the cliff (although it was already falling).

                      I'm not sure why she gets demonized while Carly Fiorina, who managed to turn HP, a successful blue chip company, to shit didn't get nearly as much flak.

                      [–][deleted]  (1 child)

                      [removed]

                        [–]Archange_ 8 points9 points  (0 children)

                        An empty shell that had a free cash flow of several billion dollars per year which could have been put to decent use in creating and selling software and services. You needed a real tech CEO for that to happen though.

                        [–]CriminalMacabre 3 points4 points  (0 children)

                        And Carly Fiorina? She doesn't count because she was a psycho ultrachristian?

                        [–][deleted] 4 points5 points  (1 child)

                        The crux of this issue wasn't that she was a crumby boss, it was that they became the token example for female leadership and had to basically turn the other cheek on a lot of bad shit until it was way too late. It's one thing to hire female leadership; it's another to karma-whore your share value through PR stunts pandering to 50% of the population. I'm never against hiring women in business; I'm fully against keeping women in leadership positions because they're women.

                        [–]aptway[S] 1 point2 points  (0 children)

                        Which the lawsuit against the company I linked alleges- favoring female employees over male employees.

                        [–][deleted]  (3 children)

                        [deleted]

                        [–]1mojo_juju 8 points9 points  (0 children)

                        you might hear stories she worked 20 hour days but theres plenty who hang around an office late doing nothing in particular romantising how hard and long they work just to impress the bosses, and the bosses are clueless

                        Reminds me of one of my previous jobs in marketing dept of a software company.

                        Some executive during a meeting remarks how "Golly gee, that Susan in Marketing is such as model employee. After all, we see her here staying late until 7 or 8 pm regularly!"

                        A month later, I'm having lunch with some guys on her team. Turns out she stays until 7 or 8 pm b/c she chats with her work clique all day and doesn't get her tasks done, so she has to stay late to get her shit done.

                        It looks to executives like she's staying late... when really, she's just been slacking & chit chatting all day and has to stay late to cover her ass. And she knows it... if she stays late after everyone but executives leave, she'll get the benefit of being recognized as someone who stays late, and possibly get to build camaraderie w/ execs

                        ... I was so glad to get out of that company though, and away from the clique of the pop-culture-celebrities-&-media-obsessed typical basic bitches in the marketing dept.

                        To be honest, I never want to work side-by-side with women, or have a woman as a superior, ever again.

                        [–][deleted] 21 points22 points  (0 children)

                        Microsoft. Apple's old guard know what they're doing

                        [–]sir_wankalot_here -5 points-4 points  (0 children)

                        It depends on the distribution of the votes and who benefits by getting the person elected. The failure of GE was done by Jack Welsh and it is an example of share holder maximization which destroys the company. The banking bubble was a cause of this.

                        There isn't much difference between a Feminazi and OP, both think they are entitled because of what they have between their legs. And like a Feminazi bitch will resort to downvoting instead of arguing the point. Here is an artolce on share holder maximization and how it has contributed to the destruction of US business.

                        https://eic.cfainstitute.org/2014/10/23/shareholder-value-maximization-the-dumbest-idea-in-the-world/

                        [–]Cobra32233 2 points3 points  (0 children)

                        In all fairness, Yahoo was an overvalued POS when she took it over and they only way to keep it afloat would have been to massively trim the fat off the cow.

                        [–]Theophagist 3 points4 points  (0 children)

                        Oh you know it's the patriarchy's fault yahoo failed.

                        [–]1StoicCrane 1 point2 points  (8 children)

                        Any idea which site to form a new e-mail account with? Yahoo is mediocre and sites like AOL require personal phone information for tracking purposes most likely.

                        [–]LessASnowmanThanAGod 10 points11 points  (3 children)

                        https://protonmail.com/ end-to-end encryption and not based in the USA

                        [–]1StoicCrane 0 points1 point  (0 children)

                        RPers like you are exactly why I love this subreddit. Precisely what I had in mind. Much appreciated!

                        [–]Qpeser 0 points1 point  (1 child)

                        They will soon be one after Verizon snaps up Yahoo.

                        [–]1StoicCrane 0 points1 point  (0 children)

                        Not suprised with the recent strike and all. Judt another powerhungry corporstion looking to thwart the middle-class for gains.

                        [–]dking168 1 point2 points  (2 children)

                        I agree it was because she was a woman to an extent. The problem is that Yahoo was already a failing company before she took over and as a result, she was already fighting a heavy battle. Yahoo is and was a dying company as they provide nothing innovative. They provide the exact same service as Google but Google does it bigger and better.

                        [–][deleted] 0 points1 point  (0 children)

                        Yahoo has not been about search for a long time. Yahoo in fact does not even have search anymore; it's now bing search under the covers.

                        What they have is small business stuff, a hodgepodge of acquired conlanies, and the homepage. Your basic point is correct though.

                        [–]analt223 1 point2 points  (0 children)

                        About Tumblr. The problem is this attempt to apply financial value to something like social media platforms. Facebook is the only one that really has a potential insane value, considering how much raw data about purchases, personal data, etc people post. Even something like instagram is just visual pics most of the time.

                        Something like tumblr is a joke in terms of being worth money. Seriously. Its nowhere near 1.1 billion dollars in value. Its nowhere near 250 million or whatever its "valued" at now. Its people just bitching about some social topic on it. It doesn't have any value. Most of the people who use it don't spend money, since they are teen/early 20s somethings who are poor college students who majored in something worthless.

                        Were seeing this more and more. If you make some next big app/social media site (draw something anyone?), sell it immediately. I dont care if its "your baby". These things are flavor of the months.

                        Remember when candy crush sold for more money than fucking star wars?

                        [–][deleted]  (10 children)

                        [deleted]

                        [–]Skully5591 5 points6 points  (9 children)

                        Mayer fucking hot? Jesus Christ. What have you been smoking.

                        [–][deleted]  (2 children)

                        [deleted]

                          [–]Skully5591 0 points1 point  (1 child)

                          Thing is, I am fucking someone hotter than her. Besides, running a company to the ground is extremely unattractive.

                          [–][deleted]  (5 children)

                          [deleted]

                            [–]gvivalover 8 points9 points  (2 children)

                            she's 40.

                            20 year olds are hot. 30 year olds can manage to have stayed pretty hot.

                            40? My dick knows she's not a prime babymaker.

                            she's attractive. she's not winning my dick's attention vs younger hotties.

                            [–]juliusstreicher 1 point2 points  (1 child)

                            This. She had been hot, but, not one of the great ones. A strong 7 at her peak. Now, she's a 7 for a 40 year old.

                            [–]veap 3 points4 points  (0 children)

                            She sounds like a freak show tho

                            https://www.youtube.com/watch?v=mcSujceZDmg

                            [–]Hibear 2 points3 points  (0 children)

                            I'll take what this guy's smoking

                            [–]DyatAss 1 point2 points  (0 children)

                            To be fair, plenty of Alpha Males have driven companies into the ground. Being a successful CEO entails much more than using TRP tactics/strategies.

                            [–]grachuss 0 points1 point  (0 children)

                            She actually did worse than Carly Fiorina at HP. I didn't think that was possible, but it looks like I was wrong.

                            [–]alp100 0 points1 point  (2 children)

                            What you got for Indra Nooyi of Pepsi? Ursula Burns for Xerox?Ginni Rometty of IBM?

                            [–]Archange_ 0 points1 point  (1 child)

                            Indra Nooyi has been a zero value CEO. Through her tenure Pepsi has done plenty of acquisitions and demergers and next to no new business development.

                            She has been in the C-suite of Pepsi for 20 years. She oversaw the divestment of Pepsi's restaurants now named Yum brands. She used the money to purchase other large beverage brands like gatorade or tropicana. She also sold then purchased back shares in Pepsi bottlers; Coca-Cola has done similar things. However Pepsi has not launched any successful new drink or snack under Nooyi. They have not had any big success in entering new markets either. My opinion is that she does a fine job at housekeeping, nothing more.

                            [–]disposable_me_0001 0 points1 point  (0 children)

                            That is amazingly favorable compared to Fioria, Whitman, Pao, and Meyer.

                            [–]saml01 0 points1 point  (1 child)

                            Crazy thoughts: Maybe the whole point of getting Marissa into yahoo was to ensure the companies demise. Think about it, it's a great way to rid yourself of a competitor.

                            [–][deleted] 0 points1 point  (0 children)

                            Yahoo has not been a competitor to Google for a long time

                            [–]SubbaHubba 0 points1 point  (0 children)

                            Don't get married, Yahoo! AWALT

                            [–]1PantsonFire1234 0 points1 point  (1 child)

                            Arguing with a feminized society in court is just as pointless as arguing with an actual woman. You end up spending loads of money and energy only to get very little benefit in return. Just walk away.

                            Women can't deal with that shit. He should have walked away from that job the moment he noticed this crap was being pulled on a regular basis. Just like in a relationship, don't argue with the brat- just walk.

                            Women and their endless bickering for some fantasy reality where they get everything and then some, tire the fuck out of me. All this freedom shit is getting to their heads and men are dealing with it all wrong. You can't resist the female imperative by means of accusations and claims for justice. All they hear is men to their ears them and they think- "hey this guy's complaining to me about some shit" "I must be very important" "I'm above him, I'm the boss, tee hee!"

                            Just op out, walk and forget. Women only have power if you let them. The moment you start taking those blessed steps towards the door and into the white light of freedom they get confused.

                            I mean, what are they gonna do? Beat you up?

                            [–]TRPApprentice 0 points1 point  (0 children)

                            This bitch should be working in a whorehouse instead of ruining Yahoo

                            [–][deleted] 0 points1 point  (0 children)

                            She is definetly shitty CEO, but I'd fuck her.

                            [–]FourNominalCents 0 points1 point  (0 children)

                            Heh. You should have a look at Fiorina. Bought Compaq, sold Agilent, and the stock was worth less when she left than when she started.

                            [–]getbrettweir 0 points1 point  (0 children)

                            Big Jew found out that leftist politics and coverage focusing on super heros and wrestling wasn't good.

                            [–][deleted] -1 points0 points  (6 children)

                            Many companies have failed for different reasons.

                            I'm not familiar with what's going on at Yahoo but it seems rather biased to put the blame merely on the CEO being female.

                            Was Steve Ballmer a woman?

                            [–]stemgang 9 points10 points  (1 child)

                            She specifically mandated an immense affirmative action program to hire more women, in response to imaginary bogeyman like the "wage gap."

                            But men fall for that trope too. So far I agree with you, that her massive incompetence is not necessarily gendered.

                            Maybe some other commenters will link her failure to her gender.

                            [–]Godtiermasturbator 2 points3 points  (3 children)

                            Give an example of a company Steve Ballmer drove into the ground because it would be laughable to use msft as an example

                            [–][deleted] -3 points-2 points  (2 children)

                            Microsoft had a lot of runway that, in the words of Joel Spolsky, they could afford to do everything wrong for 10 years and still survive.

                            Steve Ballmer pretty much did everything wrong. Microsoft didn't die but it just lost a lot of its influence and relevance during his reign. If it was a smaller company like Yahoo it surely would've tanked.

                            [–][deleted]  (1 child)

                            [deleted]

                              [–][deleted] -1 points0 points  (0 children)

                              ok, bad example on my part.

                              How about the people who ran Apple before Steve Jobs returned to it. Where they women too?

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