It’s unfortunately sad but true that such a headline is more shocking at this point. The big name Yahoo departure announcements just continue to roll in.
Yahoo needs a tourniquet — and fast.
Joshua Schachter, the founder of the social bookmarking site Delicious, which Yahoo purchased in 2005, is the latest to jump ship. Dave Sifry tweeted the rumor earlier, and TechCrunch has confirmed it.
Schachter follows search and advertising technology group senior vice president Qi Lu, Yahoo Search’s Vish Makhijani, and quite possibly senior vice president Brad Garlinghouse out the door — and that is just the ones who left or are rumored to be leaving today.
Don’t forget Flickr co-founders Stewart Butterfield and Caterina Fake who left Yahoo a couple days ago and executive Jeff Weiner who left to be an entrepreneur-in-residence at Accel Partners and Greylock Partners just a few days ago.
Needless to say, things are getting ugly at Yahoo. It’s questionable if anyone can stop the bleeding let alone restore any morale among the remaining troops.
Somewhere Microsoft chief executive Steve Ballmer may be privately smiling. While billionaire investor Carl Icahn is probably preparing another blog post.
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform
- networking features, and more