Yahoo co-founder Jerry Yang has announced that he would be leaving the Internet company he founded with his dorm friend David Filo. Yahoo has hired former PayPal executive Scott Thompson as its new CEO. For Yahoo it would be the 4 CEO’s in the span of 5 years and this speaks volumes of the condition in which the company currently is.
The departure of Mr. Yang from the company he founded reminds me of my favorite business leader Late. Mr. Steve Jobs. Jobs was also removed from the company he founded, but he utilized his time outside Apple and when he came back for his second innings he made Apple world’s best technology company.
I think the similarities are many, Yang is a billionaire, young (43 is young, SRK can still romance with college girls, remember!) and above all has the ability to build up a company using ideas, I sincerely hope that the world gets to see his second innings either at Yahoo or elsewhere!
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