Hi, I'm JT and these are my thoughts on community, content management, Plain Black, and WebGUI.

Balmer Makes Me Sick

User: JT
Date: 5/5/2008 10:24 am
Views: 12388
Rating: 23
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I've worked at Fortune 500 companies, and been involved in many takeover deals in my time. I don't claim to be an expert at it, but I certainly understand the fundamentals.

<Full Disclosure>

I've been watching Microsoft's unsolicited bid for Yahoo! very closely, both because the business of it interests me, and the outcome of it could affect WebGUI.

WebGUI uses the Yahoo! User Interface (YUI) library to do much of it's javascript functionality. So if Microsoft took over Yahoo!, they may change the licensing on YUI to make it incompatible with WebGUI, given their track record on open source licensing.

From the business side, I often watch or listen to podcasts of CEO's giving their annual address to shareholders, or doing interviews in prominent magazines. Watching CEO's of other companies for me is a little like watching your favorite player if you're a sports fanatic. 

But there's one CEO that makes me absolutely sick. His name is Steve Balmer. He may be the head honcho at the most powerful company on earth, but there's nothing I admire about him. While I didn't always agree with Bill Gates, I admired him immensely. Not so with Balmer. He has no redeeming qualities as far as I'm concerned.

</Full Disclosure>

What I don't get is how the CEO of one of the richest companies around can be such a child. This weekend he pulled what amounts to a big 'neener neener boo boo' sour grapes move. Yahoo! decided it didn't want to get bought, and Balmer was so pissed off about it, that he decided do a total dick move to devalue Yahoo!'s stock price, either in the spirit of 'if I can't have it the nobody will' or 'maybe I can screw them over and pick them up for a song'.

Here's what he did: He sent an open letter to Yahoo!'s CEO Jerry Yang. 

Maybe it's just that I have such disdain for Balmer, but in my mind if there's one thing you don't mess with it's someone else's business. It's one thing if you beat them fair and square with better tactics, sales, strategy, and product. It's completely something else to loosen the bolts on their wheels before you start the race. All his letter will do is devalue Yahoo!'s stock price further than it already would have dropped after the announcement that the deal fell through.
I was going to write a blog entry yesterday after just reading his open letter, but then calmed down decided not to. But then I woke up this morning to see that Yahoo!'s stock dropped 22% at the opening bell, and that got me all fired up again, so here we are. 


Re: Balmer Makes Me Sick
User: Albert2
Date: 5/6/2008 1:06 am
Rating: -48
Status: Archived

I guess now's the time to buy Yahoo stock then...

Re: Balmer Makes Me Sick
User: JT
Date: 5/6/2008 9:45 am
Rating: -40    Rate [




Status: Archived

It appears that I'm not the only one to have these thoughts about Balmer.



Re: Balmer Makes Me Sick
User: bartjol
Date: 5/8/2008 3:20 am
Rating: 15
Status: Archived

well, they failed to takeover, so the YUI is saved.... for now