Comment by bedhead

I cant recall a luckier, more overrated CEO in my career than Marissa Mayer. She shows up right before Alibaba (and wild valuations) takes off. Dan Loeb gets involved to turbocharge the stock, which has done well solely because of Alibaba. She makes a bunch of expensive, terrible acquisitions and insists she didn't overpay for these odd non-revenue generating assets in the midst of a minor tech bubble, while providing no evidence. Yahoo itself, meanwhile, continues to decline and is regarded by most as a structural mess. Management is overpaid beyond the point of reason, the former COO being exhibit A for all that's wrong with management comp and corporate governance. I hope this company goes down in flames.