Mayer: Yahoo should have pursued the Alibaba spin-off instead of selling
Marissa Mayer · How to make the star employees you need (with Lumi Labs' Marissa Mayer) · Mar 29, 2023 · at 38:56
Former Yahoo CEO Marissa Mayer re-evaluates the board's decision to sell Yahoo's core business to Verizon instead of completing a tax-free spin-off of its Alibaba stake.
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“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 moment, it looked very tentative. So, you know, I understand why we made the decision we made, but I do think if we had pursued that original spin-off idea, it might have given us The year of time as an independent public company to really find our footing and start to show that growth in the operating core.”
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