What went wrong at Yahoo?

Paul Graham writes about what he felt went wrong at Yahoo. He has first-hand experience – his company, Viaweb, was bought by Yahoo and he worked there for a while.

In a nutshell, he felt that Yahoo was too conflicted about whether or not they were a technology company or a media company. This is part led to hiring bad programmers, or at least not going after the very best one. ┬áThey also lacked the ‘hacker’ culture that Google and Facebook still seem to have, and that is found in many startup tech companies.

This is a very good read, along with many of Paul’s other essays, which are worth bookmarking as most are quite long.

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