“ At the heart of what we are doing is our belief that Yahoo!’s core strengths are not only relevant to where users are going today, but can serve as a foundation for the next phase of our company’s growth. Consider our strengths: we have 680 million users worldwide. We have nine of the #1 properties in the U.S., and we are a leader in display advertising. Our brand is iconic — we are not the only ones who bleed purple.”
From an all-hands email from Yahoo chairmen Roy Bostock, Jerry Yang, and David Filo.
This does not bode well. If Yang, Bostock, and Filo intend to build upon these strengths, they’re going to fall prey to Loyal Customer Myopia. Again.
