Microhoo! No More
If you have any interest in technology at all, odds are good you heard about the plan Microsoft had to take over Yahoo. If you somehow missed that news… well, let’s just assume you didn’t.
So, the new twist to this story is now that Microsoft has pulled out of the deal like a man both against contraceptives and parenting, Yahoo CEO Jerry Yang is asking for them to come back to the party. After all, Yahoo’s relentless quest to make themselves the least buyable company in technology history was just playing coy, not a refusal.
Or more likely, Yang is really upset that his demanding huge payoffs to consider being sold (to the detriment of stockholders) has caused his precious stock to plummet a few points. I guess that might be what you get when you deny the corporate behemoth that is Microsoft. The situation would probably be very similar for a company that insanely profitable Google might try to buy. If a company could make even Google get fed up and leave, investors would probably wonder about the sensibility in investing in that kind of company.
All that said, I never wanted to see a world in which Microhoo! was a reality, but I hate seeing these corporate CEOs get all misty eyed because they lose a chance at millions of dollars. At least have some principles. If you plan on driving a buyer away, don’t cry about losing money when they leave.
