/// Max Levchin Says Marissa Mayer’s "Very Ballsy Move" to CEO of Yahoo Was the Reason He Finally Took Board Seat

December 14, 2012  |  All Things Digital


When I asked him to talk to me about why he decided to finally became a director at Yahoo, after what was a very long mulling that started even before former Google exec Marissa Mayer became CEO, Max Levchin alerted me earlier today to a very solid post he did today on the subject on his blog, “too long to tweet.” I now remember why I really like that Max Levchin: He blogs! (Also, because he is an unapologetic coffee snob.) In his essay, he breaks down the reasons into three parts: Personal, business and sentimental. Noting his longtime admiration of Mayer, he noted “her decision to take the top role at Yahoo! was a very ballsy move, and when she asked for my help, I was excited about working with her.” Levchin, a well-known tech entrepreneur, also wrote that he hoped for a strong Yahoo, since it was a “massive net-positive for the Silicon Valley ecosystem, the market in general, and the US economy.” Most of all, he said that Yahoo “showed me that computer geeks can start companies that create that future. I’d love to do my part in helping the company that inspired me.” Sources close to the situation told me that Mayer convinced Levchin to join the board by convincing him that he’d be able to help her inject entrepreneurial vigor into the company. That would be good and Levchin’s post is actually one of the best recitations of the kind of spirit Yahoo needs to revive itself that I have read in a long while. It also tracks exactly on many conversations I have had with Levchin in the past about Yahoo’s troubles. He has long been intrigued by the opportunity despite management woes, innovation doldrums and the relentless talent exodus

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Max Levchin Says Marissa Mayer’s "Very Ballsy Move" to CEO of Yahoo Was the Reason He Finally Took Board Seat


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