Hate is stronger than greed!
June 13, 2008
Back in April I wrote a post titled, “How to prevent your investors from selling!” where I suggested that Yahoo! was willing to commit suicide before selling to Microsoft. Mike Arrington concluded the same thing when he suggested that Yahoo was playing the crazy card in their negotiations, but he explained, “I never thought these people were actually insane.”
Mike is changing his tune suggesting that, “I was wrong. Yahoo’s hatred of Microsoft runs so deep that they were actually, in the end, willing to destroy the future of their company just to keep it independent for a short while longer”.
Yahoo! will continue to lose key employees and shareholder value, but I don’t see any hope for the company at this point. The only people going to winning are the class action lawyers. I can’t imagine anyone misplaying their hand as possible as Yahoo’s Yang and Bostock have done. I guess hate is stronger than greed!
