Here's a painful reminder for Yahoo shareholders. In 2012, then-CEO Scott Thompson agreed to sell 20% of its stake in Alibaba. At the time, Alibaba was a private company with a ~$30 billion valuation. Today, Alibaba is a public company valued at ~$300 billion. Show More Summary
Scott Thompson, the CEO of ShopRunner and one-time CEO of Yahoo, has joined the board of directors of Radius, a startup that helps salespeople build targeted lists of prospective small-business customers. Radius started off as Fwix, an aggregator of so-called "hyperlocal content," and has raised more than $30 million from BlueRun Ventures, Comcast Ventures and American Express.
Ben Thompson thought something was off in yesterday’s Apple event. I don’t agree with his take, but it’s an interesting view. No doubt though, whether you think it’s for better or worse, Apple is a different company without Scott Forstall and it shows. ?
What exactly is ShopRunner building and why does it need $200 million in cash?
Time to give credit where credit is due.
NEW YORK (Reuters) - Chinese e-commerce company Alibaba Group, which is preparing for an initial public offering in Hong Kong, has bought a minority stake in online shopping company ShopRunner, the Financial Times reported on Friday....Show More Summary
Considering the long-standing struggles of Yahoo as a business, its board of directors battles, and Scott Thompson’s “ResumeGate”, Yahoo (and its investors) have been in sore need of some good news. When beloved Google exec Marissa Mayer took the helm as CEO back in July, finally Yahoo had a cause for optimism. Yahoo released its... Read More
Considering the long-standing struggles of Yahoo as a business, its board of directors battles, and Scott Thompson's "ResumeGate", Yahoo (and its investors) have been in sore need of some good news. When beloved Google exec Marissa Mayer...Show More Summary
After two months on the job, Yahoo CEO Marissa Mayer finally updated employees on her turnaround plan for the company last week. One thing she did not mention: layoffs, which had been central to former Yahoo CEO Scott Thompson's plan. Show More Summary
Scott Thompson is the former Yahoo CEO who lost his job because he was fighting a proxy war with hedge fund manager Dan Loeb. Loeb's key to victory was discovering that Thompson's official bio listed a computer science degree that Thompson did not actually have. Show More Summary
Former Yahoo Inc. CEO Scott Thompson has landed on the board of online financial services provider Kabbage Inc. Atlanta-based Kabbage recently raised $30 million in venture capital and is plotting an international expansion, buoyed by...Show More Summary
Kabbage, which provides working capital to online merchants, is announcing that Scott Thompson, CEO of ShopRunner, former President of PayPal, and former Yahoo CEO is joining its board of directors. Considering Thompson's experienceShow More Summary
We are roughly eight weeks into Marissa Mayer's tenure as Yahoo's new CEO. And in most cases, she seems to be doing the opposite of what Scott Thompson did. That's a plus. But I keep waiting for the big headline that will show Mayer is serious about turning Yahoo around: Yahoo to Lay Off Thousands. Show More Summary
During the regrettable 5-month reign of Scott Thompson, Yahoos rarely saw him on campus. Contrary to her predecessor, Marissa Mayer is often spotted in the cafeteria and at FYI (happy hours) every Friday when execs showcase their products. On my last visit to Yahoo at end of July, it was as if a dark cloud had been lifted. Show More Summary
Way back in the first quarter, hedge fund manager Dan Loeb bought a huge stake in Yahoo, and then launched a proxy war on its board. Eventually, Loeb targeted Yahoo CEO Scott Thompson, and got him booted from the company for misstating...Show More Summary
On May 13, Yahoo's board announced that it had parted ways with CEO Scott Thompson. In an announcement, Thompson said he was leaving Yahoo due to his health, but everyone knew the real reason. During the course of a proxy war with one...Show More Summary
After Scott Thompson's unceremonious departure from Yahoo's CEO spot earlier this year, Ross Levinsohn took over as the company's interim chief executive -- and for a while there, he was widely expected to eventually be named Yahoo's...Show More Summary
It happened to former Yahoo CEO Scott Thompson, it’s happened to thousands of other professionals and it’ll happen again. Lying about Embellishing your resume is never a good idea, and as time goes on,...
What's the deal with ShopRunner, the company that just hired former PayPal boss and Yahoo CEO Scott Thompson as its chief executive officer? Just under two years ago, eBay bought GSI Commerce, a company founded by entrepreneur Michael Rubin which runs e-commerce websites for bricks-and-mortar retailers like Foot Locker and Toys R Us. Show More Summary
Thompson left Yahoo in May after it emerged that his resume inaccurately ascribed him a degree in computer science