Photo: Flickr/Magnus Hoij
New York Magazine writer Lisa Miller has a new¬†profile of Yahoo CEO Marissa Mayer.She got some former colleagues and industry peers to dish about Mayer, which is rare.
But she got some basic but important details wrong:
- The timing of Mayer’s demotion at Google. Mayer moved from her longtime role overseeing search products to a new, high-profile job in the fall of 2010 running Google’s local and maps business. As a symbolic gesture to make it clear Mayer was an important executive, she was named to the company’s then-important operating committee at the same time. After Larry Page took back the CEO job in April 2011, he reorganized the company, put Mayer and her local group under another executive, and made the operating committee toothless. Miller conflates these events, but the timetable matters.
- The disposition of Alibaba’s cash. Maybe it was due to print deadlines, but Miller missed the fact that Yahoo decided to return most of the cash from a partial sale of Yahoo’s stake in Chinese e-commerce company Alibaba to shareholders rather than reserve it for acquisitions. Still, one way or another, the article has that crucial fact wrong.