In last week’s blog, I talked about the leadership problems at Yahoo. In the past week the discussion of what the troubled company should do emerged as a hot topic, as the Yahoo board met to work on exactly that topic. In the midst of all this, I was invited to discuss the situation on CNBC on Dec. 7. Below is the link to that interview in which I discussed alternative futures for Yahoo. Since the interview, the Yahoo board of directors has come out with a statement that it plans to keep the Alibaba shares, but jettison the web-based business via one of the following options: spinning it out as a separate company, selling it to a company like Verizon, or selling it to a private equity firm.
The good news is that after three years of the current Yahoo management team making no progress; at last the board of directors appears interested in doing something. That is a step forward, but the question is will something actually happen?
You can view the interview here.