Thứ Năm, 26 tháng 4, 2018

The reason Yahoo is hunting for startups failed: Talent

Yahoo today announced that it has acquired Rockmelt, a startup company that has developed an integrated browser with social networking features. As the browser of the same name has just released, many say it will revolutionize the web browsing experience of users during the current socialization.
But Rockmelt did not do this, and the company stopped developing the product. At the right time, Yahoo CEO Marissa Mayer decided to acquire Rockmelt, as well as what she had done with many other technology companies in the past. What motivates the female CEO to make such decisions?
Many of the companies that Yahoo paid for their recent acquisitions are small, little-known companies, or their products are not well-known. Or, as the Yahoo deal bought Summly, in the press release said that Summly's news reader feature is very prominent, but in fact this technology was developed by another company, Summarily licensed only. But Mayer did not buy these companies because of what they did, she actually bought the engineers, the programmers who made them.
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Each time Mayer buys a startup company, "Yahoo is locking up" their engineers by two or four years. " Yahoo to let them freely continue to develop their applications and they can hire more programmers if needed.
So why does not Yahoo hire itself on the free labor market or meet the talented people when they just graduated, so it would not be cheaper? Actually, it's not cheaper. The competition for talent recruiting between tech companies in Silicon Valley is harsh. Take the example of Zynga's online game company, which has recently laid off hundreds of programmers. In the comment section on job cuts, employers from all over the world have been trying to get new employees fired for work. Others go to bars where ex-Zynga employees are "drinking alcohol", inviting them to drink water and scheduling an interview.
The recruitment of staff has become more difficult with Yahoo, which is known as an old dinosaur uncle who is being dominated by other young technology firms. If you hear such reputation, no one will go to Yahoo, people will apply to Google, Apple, Microsoft, Facebook ... What CEO Mayer needs are those who are good at developing mobile applications, And with Yahoo's share of the Alibaba sales page, she has been earning money for Yahoo without going directly to recruit.
Bloomberg recently also revealed that Mayer's pursuit of Yahoo's CEO position was completely secret and while she was doing Google, not many people knew about it.

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