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Yahoo restructuring

admin — Wed, 06 Dec 2006 09:05:56 +0000

I’m not a pundit or an expert for that matter. Looking at Yahoo’s unspectacular performance and Google’s rise to dominance, it makes sense they’ll be looking for change.

They in this case is no other than Yahoo’s BoD. The big news is that Yahoo’s CFO, Susan Decker, gets promoted, while quite a few senior people leave. Here’s the details:

Sources told CNBC’s Jim Goldman that Lloyd Braun, head of Yahoo’s media and entertainment group, was asked to leave the company on Tuesday morning after Yahoo first suggested he take a lesser role. Senior Vice President John Marcom, who ran Yahoo’s International Business operations, also was asked to leave. Yahoo also announced that Chief Operating Officer Daniel Rosensweig, once considered a rival to Decker to succeed Semel, will leave the company in March.

Yahoo posted a 37% drop in quarterly profit and its long-term options don’t look too good either. MySpace and YouTube, are effectively Google’s playground now, so there isn’t a quick M&A fix for Yahoo.

On top of that I’m always suspicious of companies run by CFOs, especially when they’re in a high-growth market. My gut feel is that CFOs work best with milk cows. I already feel sorry for Jumpcut and del.icio.us.

Tags: google, jumpcut, online, social, video, yahoo, youtube

google, jumpcut, online, social, video, yahoo, youtube

Google buys Youtube?

admin — Sat, 07 Oct 2006 09:21:44 +0000

Yahoo bought Jumpcut, it makes sense that Google want to expand further in that space as well. They recently put video on their homepage to promote their Google Video service. Traffic stats indicate it lags far behind Youtube (source: Hitwise).

Now, TechCrunch posts that there are rumors that Google’s going to acquire Youtube.

The Wall Street Journal is now reporting this as well, saying “Google Inc. is in talks to acquire popular video-sharing site YouTube Inc. for roughly $1.6 billion, according to a person familiar with the matter. The discussions are still at a sensitive stage and could well break off, this person says.”

It’s pretty obvious that Youtube have the FOR SALE BY OWNER sign on their front lawn. Their burnrate is in the millions per month which is close to the days of Bubble 1.0. Let’s see what happens.

Tags: google, jumpcut, mashup, online, social, video, yahoo, youtube

google, jumpcut, mashup, online, social, video, yahoo, youtube

Yahoo buys Jumpcut

admin — Thu, 05 Oct 2006 18:54:49 +0000

GigaOM published this recently. There weren’t a lot of comments because Jumpcut was just a few months old and a relative unknown in the video arena. (Youtube sucking all the free PR!) Here’s what Liz had to say:

When I met Jumpcut earlier this summer, they had 11 employees, had raised $1 million in seed money, and were trying to close another round. Perhaps it has to do with Jumpcut’s fairly advanced experimentation with Flash, led by former Macromedia developer Ryan Cunningham.

When I proposed buying Jumpcut might be a good competitive edge for one of the online video sharing sites or portals, CEO Mike Folgner told me he’d wasn’t looking to settle down with just one company, rather to build partnerships with everybody. Ah well…I can understand how a Yahoo acquisition offer could be persuasive.

Guess she’s right. Only problem is once Yahoo buys you there isn’t much AGILE development anymore. There’s some internal competition to boot. UC Berkley and Yahoo have already been developing a their own video mashup site. I guess they simply want to take Jumpcut off the market before Google buys them. Or, God forbid they become a real hit like Youtube!

Tags: editing, google, jumpcut, mashup, mixing, online, social, video, yahoo

editing, google, jumpcut, mashup, mixing, online, social, video, yahoo