Jerry Yang, co-founder and CEO of Yahoo!, is now stepping down from position of Chief Yahoo!. Seems that fumbling the sale of Yahoo to Microsoft for double the current value doesn't go unnoticed.
I'm still thinking that the time looks right for Microsoft to stop messing around and purchase Yahoo. Yahoo is a great company to be honest with you, and it's a tough situation they seem to be in. You'd think after all the great service Yahoo has given to millions of users, that they'd have a user base ready to back them up, and prevent a hostile take over from Microsoft. Doesn't appear to be the case. Why no love for Yahoo? I mean if there was a threat to Google, I'm sure a community of users would be having a fit.
Yahoo, I really like you the way you are, but if you sellout to Microsoft, it's over between us. Mr. Yang, I know it's difficult when you have a baby that you created, and it's growing and changing, but, sometimes the best thing you can do is let nature take its course. Hopefully, the company you created will be intact throughout the rest of the recession, and then hopefully your stocks will pick up and you won't look like such a mark to your larger competitors. Good luck.