YouSaid · the spoken record

Eric Jackson

lines on the record: 66
first: 2016-08-01
most recent: 2016-08-01
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“Thank you. I've met some great people, yourself included, who I never would have met if I had not kind of pulled the rope on Yahoo. Let's have a reunion.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“I think I wrote him. You're so poor. All you have is money. She got really mad about. It's my little moment, even though he owns like 27 islands in Greece. In any case, lots of people have benefited off of Yahoo, and we have benefited in that it's been a fascinating story. And Eric, I really have appreciated all your stories and thoughts on this. And thank you for coming by.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Okay, you want to wear with a pile of money. He used to drive me crazy. Like I said, you were the only one who was a skeptic.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“I said, I'm being accurate. No, you're not mean at all. You're not mean at all. Maybe it was defending Dan Loeb there. Oh, God, that guy.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“There are a lot of tales in Yahoo to, you know, I admire the way that Facebook, we're so aggressive in going after Instagram and WhatsApp because that was sort of the anti-Yahoo move there. Yahoo just sort of was so slow and so expecting that they were still the top dog, even if we don't overbid to buy this asset, we're still the top dog. And everything will come back to us.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“And I guess it's a cautionary tale more broadly for any successful company today. I mean, nobody thinks Facebook can fail or Google.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“So I would say basic management skills I think are, you know, they mean as much today as they did 10 or 20 or 30 years ago.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Say, you know, beware of the high profile executive. The high profile executive probably should be aware of their own brand and be careful and how they carry themselves, but certainly investors and board members should be careful in hiring someone like that. I remember somebody, I think it was Dan Primac writing when she first started, you know, oh, this is a no-lose proposition for her because even if she fails, she'll make a lot of money and people will say it wasn't her fault. But she's taken a hit here. I'm sure she'll come back in some way. Yesterday.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“I think they should keep them. Yeah, so I think it's smart. I mean, it's a beloved brand. I mean, this is still one of the most trafficked websites in the world. I mean, it's not cool for everybody in Silicon Valley, but everybody in the heart of America still loves it. And I think they should keep the brands. The brands do mean something. In some ways, they mean more than Go 90 or whatever else. So I think that's smart. And I hope they bring back the old logo. Honestly, I hate that skinny logo.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“How can they merge? So, I think Yahoo is it going to be what it was, or just as a part of? They said, Tim has told me he's keeping the brands and they are not getting rid of the Yahoo brands as some people thought they might, but they shouldn't.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Yahoo is so much bigger than Am. How can they merge? And now he's going to run it, it looks like. So, you know, is it, I mean, they're not going to be the next Google and Facebook. But, you know, he's certainly much better off. Verizon's much better off than just with the assets that they had yesterday. So this is a much bigger stage. And I think he's going to focus on Yahoo News, Yahoo Sports, Yahoo Finance. Those have been neglected properties in some ways for years. There's still big traffic. They'll do video stuff. He was doing that already at AOL. I mean, this is right up that alley. So I do think there's, you know, it's going to be interesting. And I'm sure they're not done there either. But I think he and I think Marnie Walton, his boss, are just very impressive. So I think it's going to be young.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“I think I've got enormous respect for Tim because I remember when it was 2011 in the summer and he was, I think the stock was around 10 bucks a share, AOL stock, and everybody was talking about all the drama at Huff Post and Errington and TechCrunch and people were thinking that he bit off too much to chew. And then there was this activist Starboard showed up. And ever since then, I mean, he has made a series of really deft moves selling the AOL patents, you know, getting the stock up to over 40 bucks, selling it to Verizon last year. I mean, he hasn't been perfect. He's made mistakes, but now he's basically taken over Yahoo when a couple of years ago, you know, people, including me, we chuckled at this notion of AOL and Yahoo merging. And I would say merging.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Right, you know, it just kept going down. Six to eight. So, do you think that AOL's gotten a real deal here? And where do you think it's going to go? We'll finish up talking about that. Where do you think? Where it's going now?”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“It just like when you heard about these different gotchas, I could understand, and the business was deteriorating, right? It just kept going down. But I still was surprised. This process took so long. I mean, it started maybe seven months ago. And at the beginning, I think the initial talk was like, oh, I think it's worth four to six billion dollars. And you hope it goes up over time. Not down. Not that seven months later. Do you think that AOL's”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“I was surprised it wasn't higher. I mean, although, you know, as you're reporting on things like the Mozilla clause and all this kind of stuff sort of, you know, and the accelerated RSUs and the buyer was going to have to pay out to the employees. Did you like that Mozilla?”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Because why? Right, right. And do you think this deal was, there were several bidders? There were many people interested in it, Dan Gilbert's Quick and Lones group was interested. TPG, a private equity firm, and several others were interested. AT&T was interested. Many of the bidders fell by the wayside, though, during the process, but it came down to two or three decent offers. But many people think it's quite low for what Yahoo was. Or maybe now.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, and so I much prefer this outcome to that. Because why? Why? I just think it's better. I wasn't at all interested in waiting around to see the results of Project Index. Right.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“I just felt like at this point, even though when we put out a report, ideally we would have liked to have seen the turnaround happen independently and as a shareholder kind of participate in the comeback. I think the company was on such a track that I think it was better to sell it now, even at this price.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“So, when the process, let's finish this up talking about this deal now, so that when the process happen and the different buyers start to enter it, were you surprised that this is the way it went, that they had to do this? Did they have to sell?”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, it was a surprise because Starboard had been an activist a year before. In fact, I had reached out to Starboard, and I guess in the summer of 2014 and kind of made the pitch to them about why Yahoo was, I thought, still a great kind of attractive company and undervalued. And they went public in September of 2014 with their criticisms. But then it seemed like Marissa kind of fended them off because even though there was sort of possibilities that they might do a proxy fight, they decided not to. And they seem to go away. And it seemed like they were selling their stake down, so preparing to kind of get out of it entirely. And then suddenly they came back in January. And so there's no question that they put enormous pressure on, and in the fall kind of leading up to that, but they put more pressure on the company to take action. And I think with the other criticisms that were out there,”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“You can do that. Well, I think that was probably not something she should have done, but she wanted to, so whatever. In any case, in that time period, an activist investor, another one, a big one, show up, starboard value, which had already attacked AOL and gotten some concessions from them. Was that really when it really turned, when they had to change the way they were going to run off, spin off Alibaba and other things? Is that really when the sort of the shit hit the fan kind of thing?”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“And to be clear, we certainly didn't do that. And there has been a lot of dumb criticism over these years and her vogue cover shoot or whatever. Well, that was, I think, there was a lot of.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“There was Sure. I think a little of that was bullshit and entirely sexist, in my opinion. A lot of that stuff around her. I think focusing on her clothes and things like that seemed ridiculous. I think I was focused more on the business itself. And what was interesting is everyone who had been such a cheerleader on the way up, especially media, suddenly became really tisk-tisky about her sitting on a chair and taking pictures, which I thought was not really the point. And, you know, it's fine to criticize someone for the financial performance. The other stuff seemed just a little bit... Ridiculous”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Was to kind of make some changes, probably replace the CEO, make some of these tough calls about reducing the headcount. And I try to increase the value of the company for the benefit of the shareholders. And so it didn't really work out that way. But I think with a few weeks later, they started announcing that they were going to make some cuts. There was news. Somebody had told me ahead of time about a big extravagant holiday party that Yahoo had just put on. We made mention of that and then subsequently there were somebody did a big expose on the Instagram photos from the party and all this kind of stuff. So, you know, actually, you know, the criticism of the free food and all that stuff, I mean, in some ways it was a turning point for not just Yahoo, but I think all the unicorn companies were.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Going on, so we talked about the MA. I went through kind of doing, I had to research 52 deals that you talked about before, like what was reported that they had bought them for and what the earnouts were and try to tally it up. And it came out to just under $3 billion that they had spent on these different acquisitions. We just put everything, tied a bow around it and put it in the presentation. And your recommendation?”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Right. And, you know, what was puzzling to me is that the profits of the company just kept going down quarter after quarter, and yet there were still over 10,000 people working there. And it seemed kind of crazy that somebody would probably end up buying this company with so many people working there and probably they would make the tough decisions then and refocus and kind of eliminate redundant positions. And then suddenly the profits would go up, but it would be after that they paid their money. And so the Yahoo shareholders today would kind of miss out on that. The buyer would gain from that. So we tried to make the case for why Yahoo should really start to make some of these tough choices themselves and cut costs and kind of eliminate things like Davos sponsorships. They liked Davos sponsorship. Yeah, so no more Metball sponsorships and all this kind of stuff that”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Give me information. Well, I mean, I thought that was kind of truly bizarre. And I just, you know, it seemed like sort of a case had to be made about why change was necessary. And at that time, there were a lot of Wall Street investors who I would talk to who they were of the opinion just sell the company and sell at any price. I remember one guy told me, I don't care about the core business, sell it for a dollar. Because what I care about is, I hope if they sell it, it'll kind of push them down the road of monetizing their Alibaba stake and the Yahoo Japan steak. And that's where the real money is. And to me, unlock the value.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Again, back then, there was no sign that Yahoo was going to sell itself. And a lot of people in the senior management team had left in kind of September, October. And there were these rumors that Marissa had asked them to sign a pledge or something. Not rumors, I remember.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Pure luck. And then for some reason people like that number. Yeah, 99, 99. Anyway, go ahead. We did a 99 pager on Viacom later. So I think everything's going to be 99. It'll be like the dollar stores. We put it out in December.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“You can find Recode Media on iTunes, Google Play Music, and wherever you listen to your podcasts. We're here with Eric Jackson, a longtime activist, investor in Yahoo, who first thought great things were going to come from the Marissa Mayor era at Yahoo, and then later changed his mind. He had been a supporter and changed his mind as things didn't work out as well as he felt they should and has been very active in giving advice to Yahoo and what should you explain your report that you did, which I thought was terrific.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“I think it was sort of in middle of the second year of her tenure. So this would have been 2013, I guess. The stock was doing great. And everybody was like, hey, she's fantastic. And yet, you know, it was only because of Alibaba going up that the stock was going up. And just some of the stories that I had heard trickling out internally about. How things were done. It sort of gave me concern that, you know, what is the strategy here? Where are the accomplishments? Where is the evidence that the core is really turning? And I just felt like if, you know, if you sit on your hands more and you don't speak up, I mean, the chances are nothing's going to change. And having been involved with Yahoo at that point for whatever it was, eight years, I knew what that movie looked like. So I just, I felt it was important to start speaking up.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Well, I guess there are lots of people in Silicon Valley who've got great reputations, and sometimes you scratch your head and you wonder, you know, is there substance there or is this just spin or buzz and stuff? And if you're on the outside, you don't want to make premature judgments on people. And I think I thought she did deserve the benefit of the doubt and an opportunity to really turn you.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“No question. She definitely shot herself in the foot multiple occasions. You know, I think if she had come in, I mean, and this wasn't just my idea, this was Marca Andreessen said this to Sarah Lacey, I think, you know, days after Marissa was hired that, you know, she should fire something like 10,000 people. Because I think including contractors at the time when she showed up, there was something like 16,000 people at Yahoo. And so had she done that, she basically would have seemed a lot more profitable for a lot longer than she did. And it would have bought her more time. It would have given her an opportunity to do more things. She was in such a honeymoon period at the time. Nobody would have blinked about it. So I think, yeah, she didn't do that. And the things that she did seem to emphasize, they just didn't pan out.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“All right, he managed a small amount of people. Now your interview is a thousand. That's a big quantum leap of ability, it seems to me. Although a very talented engineer and smart guy. So we're going to talk a little bit more about this deal, but I want to talk about where it's going. Obviously, when you look at the Marissa Mayor error, how will it be assessed? I know there is this meme like, oh, it was impossible to fix, or she couldn't have done it. I feel as if she made a number of serious moves, sort of like a, you know, you have a house and it's a run-down house in a very good neighborhood and lots of things aren't working, but they persisted in create even more problems for the house rather than fixing it.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, I mean, and according to one interview I saw of one of her deputies who's the head of it last year, it was one of the largest project teams at Yahoo.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“I mean, obviously, the decision to get out a search was several years before she showed up. So she was sort of in this situation where they'd outsourced it to Bing. And even though she wanted to, you know, I think she would ideally would have liked to have done something internally. I think it was very difficult. But she persisted. And so just in the last couple of years, when I definitely have been very, very critical of her, I couldn't understand sort of this quixotic focus on project index.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Pro partnerships, you know, kind of pushing the same kind of deals that Ross Levinson had done before he left. So, yeah, I mean, it, again, was haphazard. I mean, the headcount went up, and then finally it went down. So there did seem to be a lot of changing course along the way.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, I mean, it seemed like she kind of morphed away from it at first and then sort of came back to it. And in a lot of ways,”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Yeah. Yeah, I mean, the other puzzling thing is you sort of think of Google and people at Google as almost like robots and kind of making decisions based on hard data and algorithms. And yet her management style and decision making seemed to be more intuitive gut if she liked you you were sort of in and you know there were these big hires obviously with Katie Kurich, Josie and Bobby Brown and all this kind of stuff. So it was kind of hard to meet the meeting.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“No, I mean, and now looking back, it seems like something out of the Silicon Valley show, right? You know, where you have all these, you know, like we got to get the talent was the mantra at the time and just get them in the door. And, you know, we only had two dozen people working on mobile when I showed up. And yet you would hear these stories that basically people were just sort of sticking around, resting, investing, and then they were out the door and they were gone. And so, yeah, it didn't seem to be sticking. And there didn't seem to be any internal products that were being developed that really were showing that this was the future for Yahoo. And that was her cachet coming in. Like she was heralded as this great product person. Meanwhile, Snap.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“By the way, at the beginning of 2012, people forget that. I'm fascinated by that it's super hard. They always go, you know, and I'm always like, I thought you were geniuses. I'm sorry. You keep saying you're geniuses, and yet it's super hard, which is interesting. And, of course, everyone gets paid rather well. What did you imagine the strategy around acquisitions, buying stuff and creating innovation by buying everybody up and then assuming something will happen? That's proven not to have worked.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“In 2012, too, by the way, at the beginning of 2012, people forget that when Facebook was initially on its IPO roadshow, there was this concern amongst investors that they couldn't make that switch. And basically over the summer, they did. And so yet to hear some of her comments now, it's almost like I'm fascinated by that.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Yeah. I mean, that's just impossible. And it sort of speaks to an overconfidence in yourself, I guess. And it slows down decision making when you have so many direct reports that have to get sign-off from the boss to do certain things. So it just slowed things down. The M&A, it's very difficult to point to any acquisition that was really too...”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“I know Yeah, so I think the biggest thing looking back now and what I wish I had been more vocal about earlier, you know, she was a first-time CEO, obviously. I think she wasn't a good manager. I think there were a number of mistakes that she made just in terms of how she managed people setting the strategy. The strategy wasn't really articulated. She had a lot of direct reports”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Well, I mean, someone asked me, what was her biggest accomplishment? It's honestly really difficult to really point to some acquisition or new product or specific thing that she did. The one thing that comes to mind when I think of her is are those first maybe four or five months on when she was on the job, just how much hope there was within the company. And I was sort of on the outside of the company, but it was palpable. And it was real. And I think it was like the iPhones and”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“So let's talk how it got to this because at the time, everyone felt like Marisa was going to turn around. It became much more valuable. The Alibaba Stake certainly helped that. It added value to the company. But let's talk about the core business because I think pulling away the Asian assets is kind of deceptive when you talk about those things as they're separate and it's nothing Yahoo did to make it so it just exists somewhere else. It's just like owning a nice piece of real estate or something else. And again we don't want to, you know, right now Yahoo's going to be split into two parts which we'll talk about in a second but talk about the promise of what she did at the beginning. How did you look at her various moves and where did Marissa Mer go wrong?”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“If you told anyone that four years ago, I don't think anyone would have believed it. I mean, Yahoo, I think 2011, they did something like a billion and a half in EBITDA, which is profit. And, you know, the way that this company gets valued is like usually a multiple of profit. So most people back then would have said this thing is worth $10 to $15 billion. So let's talk.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“I think Verizon got a good deal. I mean, I think most people will assume that the real estate value alone for Yahoo is kind of minimum $750 million to a billion dollars. So when you back that out of the deal, I mean, you're talking about buying all of Yahoo core for less than $4 billion. I mean, it's...”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“Listen to it. I've read it, but I manage. I think he's going to have to come out of retirement and kind of write a final chapter for him. Absolutely.”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT
“I don't think it's too far gone. I mean, even now, I don't think it's too far gone. I mean, I am really intrigued to see what Tim and Marnie and everyone else of Visen can do. But I disagree with this idea that it was, I mean, people have been saying now it's a dinosaur for 10 years. I mean, they were saying that in 2006 and 2007. Absolutely, dinosaurs. People were saying put it in a box. Are we going to get...”
2016-08-01 · Decoder with Nilay Patel · Recode Decode: Eric Jackson, activist investor, Yahoo · IDENTIFIED FROM THE TRANSCRIPT