It’s still too early to tell how new Yahoo CEO Marissa Mayer is going to right the ship, but that’s not stopping her from cheering on her new team.
In a memo sent to Yahoo employees last night (and dug up by All Things D), Mayer discussed how she first encountered Yahoo in 1994 as a student in Stanford. Those were simpler times, back when the company was known as “David and Jerry’s Guide to the World Wide Web.”
“The company has been through a lot of change in the past few months, leaving many open questions around strategy and how to move forward,” Mayer wrote. “I am sensitive to this. While I have some ideas, I need to develop a more informed perspective before making strategy or direction changes. In the meantime, please do not stop. You are doing important work. Please don’t stop. If you have questions or concerns about whether to continue or not, please ask. However, with the exception of a few things that might heavily constrain us in the future, the answer is most likely: “Yes, keep moving.””
Mayer was unsurprisingly absent from Yahoo’s earnings call on Tuesday, given that her new role was announced the day before. Yesterday, a Yahoo filing indicated Mayer may be earning up to $60 million in her first year on the job, though I have a feeling the challenge of making Yahoo innovative once again could be reward enough.
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