Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

What’s Yahoo! Inc. (YHOO)’s Marissa Mayer’s Huge Mistake?

Marissa Mayer has made one big mistake during all the time she has been running Yahoo! Inc. (NASDAQ:YHOO), David Kirkpatrick said in an interview with Stephanie Ruhle on Bloomberg.

Yahoo, is YHOO a good stock to buy, Marissa Mayer, David Kirkpatrick, Nicholas Carlson,

Kirkpatrick, the CEO of Techomony, was pointing out what seems to be the main idea of the new book Marissa Mayer and the Fight to Save Yahoo! written by Nicholas Carlson which discusses Yahoo! Inc. (NASDAQ:YHOO) and its CEO.

“[…] She spent all this money on people like Katie Couric and David Pogue and focusing heavily on the media business – which really didn’t understand – where the ads just haven’t been coming in to justify it, and didn’t put enough emphasis on code-based product improvement – which is what she does understand – and tried to make Yahoo! compete more with traditional media companies and less with tech companies: that seems to have been a big, big mistake,” Kirkpatrick said.

Nonetheless, Kirkpatrick said that being a CEO is a very different job than running a bunch of products at Google Inc (NASDAQ:GOOGL) no matter how brilliantly Mayer performed when she was at her former job. Furthermore, he said that he thinks Mayer has done some really smart things at Yahoo! like the improvements for the Yahoo! Weather app, Yahoo! News Update and Yahoo! Mail.

When asked about how Yahoo! Inc. (NASDAQ:YHOO) is still a very valuable technology company when it comes to its share price, Kirkpatrick said that he believes this has more to do with investors believing the company would get back most of its investment in Alibaba Group Holding Ltd (NYSE:BABA).

Yahoo! Inc. (NASDAQ:YHOO), one of the most visited websites in the world in 2014, closed at $50.88 per share on Friday.

David E. Shaw’s D.E. Shaw & Co., L.P. was the biggest institutional investor in Yahoo! Inc. (NASDAQ:YHOO) by the end of the third quarter. The firm reported owning about 19.57 million shares worth about $797.35 million in the technology company.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!