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Thread: Yahoo founder stepping down

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    Default Yahoo founder stepping down

    OK folks. Don't know if any of you guys have noticed but shareholders seem to come in, invest and then squeeze the founders out. Just like the Mafia does. Comes to your place and says I'll help you out, just give me 1% of profits. That turns to 2% then 5% then 10%, and the next thing you know? They own your company. Corporate America has been behaving very much like organized crime. Why? THEY ARE organized crime.

    http://news.yahoo.com/yahoo-co-found...220652426.html

    Now I dont feel sorry for Mr. Yang. He walks away very wealthy but still. I would imagine it would be difficult for someone to walk away from their baby just like that. I do not think he did so willingly.....Either that or he was just a head figure to begin with.
    Last edited by wiseones2cents; 01-17-2012 at 04:57 PM.

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