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The "elite" are not actually elite, they are just a wealthy mediocrity. Much more capable people than Meyer are likely sitting around in a cubicle right now, but due to their lack of 'correct' connections/pedigree/experience they will never have even 1/100th the opportunity as Meyer.

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If you're on the board of directors for a billion dollar search engine, who do you hire as CEO? A guy in a cubicle, or a Stanford grad who was employee #20 at google that spent a career in charge of Search, User Experience, and Location?

You're acting like they just hired Paris Hilton off the street, when the reality is that she busted her ass her entire career in a field that few women have had major success in.

The last CEO to hold onto the job at Yahoo as long as Mayer has is Terry Semel, and he got booted in 2007.

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