The Life of a Silicon Valley Rockstar

My varied life… in a nutshell

The saga of MicroHooBook goes on

It’s sounds like a bastard apple product, but MicroHooBook won’t be announced at the Apple developers conference. John Furrier was the first to put 2 and 2 together and get Microsoft’s new strategy; buy only what they need of Yahoo and acquire Facebook.

No one has mentioned what I thought would be the key buzz. Buying Facebook makes Microsoft “cool” again. Arguably not since NT4 has Microsoft really been seen as cool or hip. Vista was supposed to be the trendy infusion Microsoft needed but fell flat. Facebook has so much market momentum Microsoft is hoping the platform can carry the whole company into the hearts of the internets. Buying only a portion of Yahoo gives Microsoft infinitely more value per dollar without the liability on Yahoo’s other properties that wouldn’t really synergize with Microsoft any way. So, the Yahooligans are happy.

This seems like a win all around, even for our buddy Carl Icahn who is likely to see a pretty good short term return on his Yahoo investment. It may not be the whale he expected if Microsoft purchased all of Yahoo but if he chooses to hold his shares he can use that leverage to help drive Yahoo in Asia where it is doing very well.

In the same vein, Kara Swisher published the full communication regarding Yahoo’s view of Microsoft’s view of Yahoo. Doesn’t this seem a little bit like a mouse asking a cat it’s thoughts right before it gets eaten. Yahoo being the mouse, Microsoft is batting at it like a toy prolonging the fun before it moves in for the kill.

Update: Facebook CEO Mark Zuckerberg says Facebook won’t be sold. However doth he protest too much? “You can tell, from our history and what we’ve done, that we really wanted to keep the company independent, by focusing on building and focusing on the long-term.” He’s already talking about Facebook being independent in the past tense. Thankfully John Furrier has more time than me today and is following the story realtime like CNN in Iraq during the “anyone named Bush” era.
Update 2: Facebook has ceased its search for a new CTO to replace Adam D’Angelo. Hmm, under what situation would they not need a CTO?

May 19, 2008 Posted by Alex | Technology | , , | 1 Comment

Jerry Yang / Yahoo smokescreens latest Carl Icahn / Microsoft move


…And that move is Checkmate. On top of of the official Yahoo response to Carl Icahn’s letter, Jerry Yang felt the need to add his 2 cents. His advice? Ignore it and it’ll go away! Taken from his email to all employees:

What can employees do?
We ask you to continue to put aside all rumors and speculation you may be hearing.

Kara Swisher has been on this since the beginning and has a great analysis of CARL ICAHN’s intial letter of intent to Yahoo with the best part being:

Nonetheless, I must ask: What are you smoking over there on the Left Coast?

When someone dangles more than $40 billion to anyone on Wall Street, we’d throw our mother under the wheels of the bus if we needed to to get it. Frankly, we would do it for $12.43.

In any case, your break with reality is my golden opportunity.

Regardless of Yahoo’s Roy Bostock’s posturing it seems Roy, Jerry and the rest of the board are soon to be in the unemployment line. Michael Arrington put it most bluntly in his post “Dear Yahoo: You’re Fired“. The key is, he’s dead on. Valleywag’s analysis of who own how much of Yahoo shows Bert and Ernie, I mean Roy and jerry, are virtually powerless to stop Carl from doing whatever he wants; including bending them over a table while Steve Ballmer comes in for the kill. (In the picture on the left, Steve and jerry do their best impression of playground “mercy“. photo credit to Kara Swisher and Boomtown)

 

Is Ballmer playing the role of Icahn’s puppeteer or is it just a convenient alliance in light of a win-win situation involving billions of dollars? I’d vote the latter, but they do make a formidable team!

May 16, 2008 Posted by Alex | Technology | , , , | 1 Comment