Thursday, September 15, 2011

TC Disrupt: Reid Hoffman On What He?d Do With Yahoo

tcdisrupt_web-001-3-2Today to kick off TechCrunch Disrupt, LinkedIn founder, Greylock partner, and prolific angel investor Reid Hoffman took the stage for a chat with TC founder Michael Arrington for a conversation that spanned everything from helping bright?underprivileged?children go to college to Hoffman's upcoming book on how everyone can learn life lessons from the way entrepreneurs work. A video of the full conversation will be added to this post shortly. To kick off the conversation, Arrington asked Hoffman what he would do were he to take over Yahoo, which recently ousted CEO Carol Bartz. Hoffman said that he thinks a key thing for all tech companies to have is a solid strategy for where they're going to build their product and innovate in the next 2-3 years, which Yahoo hasn't done. He points out there are still business models we have yet to invent (Zynga's success with virtual goods is one great example), and says that he'd try to focus Yahoo's engineering talent on creating something new. He adds that the company has brand recognition, raw traffic, and valuable assets that could help such projects get traction.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/lQekDp3G9os/

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