Yahoo

“He helped make audio and video streaming a reality in the nineties with broadcast.com, which Yahoo acquired for 5.7 billion dollars.”

“Instead, we got, I believe, 840 submissions of ideas from across the company. There were a lot of Really amazing ideas in there, and I think in the end we greenlit almost 200 of them. We started seeing tens of millions of dollars of new revenue come through th…”

“Yahoo had burned through four CEOs in five years. A full 25% of the staff had quit in the past six months”

“I mean, it's a little known fact, but for the last six quarters of Yahoo's existence prior to the sale, not only did we beat the street, we beat plan.”

“In hindsight, I, you know, and again, hindsight is twenty-twenty, I think it would have been helpful to continue to pursue the spin. I'm optimistic that it would have been ultimately tax-free, though it may have caused an overhang. You know, that said, at that…”

“Cause I do think if we had with that team, with that base of revenue, with our plan, I really think we would have, if we had had another year, And we'd had 10 quarters of beating plan, and we really could have gotten there.”

“We had almost two billion dollars of wholly new invented revenue inside the company in five years, which, you know, we had bankers saying like, look, can we take that part of the company public? Cause like the growth on that is unbelievable.”

“We launched in February 2004 and by March 2005, the acquisition by Yahoo had closed. Basically a year in market, and maybe 10 and a half months before we were in the middle of negotiations.”

“Michael Moritz. The Michael Moritz of Sequoia. He called me after I left Apple, and he said, guy, I have a company down here by Stanford. I want you to interview for the CEO position. And I said, Mike, what's the company's name? And he told me the name. I look…”