Hacker News Reader

Without being present in the relevant board meetings, it's hard to say this with any realistic certainty... but it certainly does ring true given the hulking, festering mass of anecdotal evidence Yahoo keeps leaving in its wake.

Mayer has some performance-linked bonuses and the acquisitions probably some how improve them.

So it isn't an executive mistake per se but rather misaligned executive and shareholder incentives.

And precisely how many of the CEOs of the acquired companies are you friends with? Three of my friends companies have been acquired by Yahoo, and I quite like Marisa's strategy, as well as the talent she's bringing on