Yahoo co-founder Jerry Yang is stepping down after a rocky tenure as chief executive of the Internet company. Among, the original Silicon Valley dotcom billionaires, Yang was named CEO in June 2007 after Terry Semel exit.
As CEO, Yang had the task to turn around the company’s dwindling fortunes. However, the rejection of the Microsoft offer and a failed advertising partnership with Google marred his brief tenure. Here’s tracing the rise and fall of Yang.
The company has been suffering from dropping share prices. However the news of Yang’s resignation caused shares to soar. Yang, co-founder of Yahoo!, will revert back to his previous role, focusing on development. He also will remain on the board.
In my opinion he did the right thing for open source and free software. Microsoft would not like to give anything for free. If you remember Hotmail was planning to make Hotmail paid when our beloved gmail came in and saved our souls. Had I been in Yang’s shoes, I would have done the same. Google was a better option at that time (before recession).
I think, Microsoft is not the answer, it is the question, NO is the answer 
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