welcome to the third installment lightning round let’s get cracking okay
lightning round let’s get cracking okay
lightning round let’s get cracking okay so Microsoft is up to dividend by
so Microsoft is up to dividend by
so Microsoft is up to dividend by twenty-five percent do you think they
twenty-five percent do you think they
twenty-five percent do you think they should be going on an acquisition binge
should be going on an acquisition binge
should be going on an acquisition binge instead or do you think it’s just
instead or do you think it’s just
instead or do you think it’s just accepting on a growth stock what do you
accepting on a growth stock what do you
accepting on a growth stock what do you think well okay here’s the dichotomy
think well okay here’s the dichotomy
think well okay here’s the dichotomy their revenues and income is higher than
their revenues and income is higher than
their revenues and income is higher than it’s ever been but indeed it’s not
it’s ever been but indeed it’s not
it’s ever been but indeed it’s not reflecting in the stock price so I
reflecting in the stock price so I
reflecting in the stock price so I realize that they want to basically tell
realize that they want to basically tell
realize that they want to basically tell investors look we can give you a greater
investors look we can give you a greater
investors look we can give you a greater dividend come give us your money and buy
dividend come give us your money and buy
dividend come give us your money and buy into our stock however because it’s
into our stock however because it’s
into our stock however because it’s generating all this cash I think you
generating all this cash I think you
generating all this cash I think you know and they’re still doing very well
know and they’re still doing very well
know and they’re still doing very well although it’s not a sexy company
although it’s not a sexy company
although it’s not a sexy company relative to everything else you’re
relative to everything else you’re
relative to everything else you’re seeing I think they should probably go
seeing I think they should probably go
seeing I think they should probably go out and buy a lot of companies provided
out and buy a lot of companies provided
out and buy a lot of companies provided that then they let them remain
that then they let them remain
that then they let them remain independent so if they’re going to buy
independent so if they’re going to buy
independent so if they’re going to buy skype and if they’re gonna and sky
skype and if they’re gonna and sky
skype and if they’re gonna and sky bought group me then these companies
bought group me then these companies
bought group me then these companies should more or less remain keep their
should more or less remain keep their
should more or less remain keep their brands and remain independent with
brands and remain independent with
brands and remain independent with massive you know sort of targets and
massive you know sort of targets and
massive you know sort of targets and financial incentives to keep growing I
financial incentives to keep growing I
financial incentives to keep growing I think they could do both I think this is
think they could do both I think this is
think they could do both I think this is a case where they could up the dividend
a case where they could up the dividend
a case where they could up the dividend as they have but also go out and still
as they have but also go out and still
as they have but also go out and still buy a lot of companies I don’t think it
buy a lot of companies I don’t think it
buy a lot of companies I don’t think it should be either/or next okay so Google+
should be either/or next okay so Google+
should be either/or next okay so Google+ is adding users like wild I mean that’s
is adding users like wild I mean that’s
is adding users like wild I mean that’s at least a headline is this a potential
at least a headline is this a potential
at least a headline is this a potential you know successful product that Google
you know successful product that Google
you know successful product that Google has pulled off or is it more google wave
has pulled off or is it more google wave
has pulled off or is it more google wave google buzz or basically a ghost town
google buzz or basically a ghost town
google buzz or basically a ghost town you know when google+ first launched or
you know when google+ first launched or
you know when google+ first launched or shortly after did there was an article
shortly after did there was an article
shortly after did there was an article on TechCrunch pretty much saying you
on TechCrunch pretty much saying you
on TechCrunch pretty much saying you know Google+ could very well be a Trojan
know Google+ could very well be a Trojan
know Google+ could very well be a Trojan horse before all of you hate on it why
horse before all of you hate on it why
horse before all of you hate on it why don’t you wait and see where Google’s
don’t you wait and see where Google’s
don’t you wait and see where Google’s going to go regardless I still think
going to go regardless I still think
going to go regardless I still think that it’ll probably go the way of google
that it’ll probably go the way of google
that it’ll probably go the way of google buzz or google wave the reason is is the
buzz or google wave the reason is is the
buzz or google wave the reason is is the growth is kind of meaningless the fact
growth is kind of meaningless the fact
growth is kind of meaningless the fact of the matter is is google already had
of the matter is is google already had
of the matter is is google already had all these users all it had to do was
all these users all it had to do was
all these users all it had to do was open it public and all these users have
open it public and all these users have
open it public and all these users have by de facto become google+ users it
by de facto become google+ users it
by de facto become google+ users it doesn’t mean anything and in terms of
doesn’t mean anything and in terms of
doesn’t mean anything and in terms of like a product google+ doesn’t offer
like a product google+ doesn’t offer
like a product google+ doesn’t offer anything different than what facebook
anything different than what facebook
anything different than what facebook already offered i just packaged it a bit
already offered i just packaged it a bit
already offered i just packaged it a bit differently there were already lists on
differently there were already lists on
differently there were already lists on facebook google+ just made them a little
facebook google+ just made them a little
facebook google+ just made them a little bit more usable and the fact that it
bit more usable and the fact that it
bit more usable and the fact that it took facebook only a couple months to
took facebook only a couple months to
took facebook only a couple months to pretty much clone that functionality
pretty much clone that functionality
pretty much clone that functionality just goes to show there’s really no
just goes to show there’s really no
just goes to show there’s really no unique selling proposition for users
unique selling proposition for users
unique selling proposition for users they have no real incentive to move all
they have no real incentive to move all
they have no real incentive to move all their activity over with the
their activity over with the
their activity over with the unemployment rate being what it is they
unemployment rate being what it is they
unemployment rate being what it is they should just pay people like a thousand
should just pay people like a thousand
should just pay people like a thousand bucks to not use face my daughter-in-law
bucks to not use face my daughter-in-law
bucks to not use face my daughter-in-law go ahead dollar login alright next
go ahead dollar login alright next
go ahead dollar login alright next alright so hewlett-packard they fired
alright so hewlett-packard they fired
alright so hewlett-packard they fired the Apothecary hired Meg Whitman what do
the Apothecary hired Meg Whitman what do
the Apothecary hired Meg Whitman what do you think do they have the most sporadic
you think do they have the most sporadic
you think do they have the most sporadic it’s a chronic Gordon American spin well
it’s a chronic Gordon American spin well
it’s a chronic Gordon American spin well apparently everyone that you know has a
apparently everyone that you know has a
apparently everyone that you know has a comment is basically saying forget
comment is basically saying forget
comment is basically saying forget Yahoo’s board HP is the war sport in
Yahoo’s board HP is the war sport in
Yahoo’s board HP is the war sport in America you know what I always think
America you know what I always think
America you know what I always think it’s very unfair to say things like that
it’s very unfair to say things like that
it’s very unfair to say things like that because it’s very you know you don’t
because it’s very you know you don’t
because it’s very you know you don’t know what’s going on in the boardroom
know what’s going on in the boardroom
know what’s going on in the boardroom but I think it’s impossible for HP’s
but I think it’s impossible for HP’s
but I think it’s impossible for HP’s board not to be considered the worst out
board not to be considered the worst out
board not to be considered the worst out there at least for a company at sides
there at least for a company at sides
there at least for a company at sides within a year they brought on leo
within a year they brought on leo
within a year they brought on leo apotheker they did not even interview
apotheker they did not even interview
apotheker they did not even interview him for the job like a few of the board
him for the job like a few of the board
him for the job like a few of the board members had met him i’m assuming they
members had met him i’m assuming they
members had met him i’m assuming they did not interview him for the job the
did not interview him for the job the
did not interview him for the job the board apparently the members hate one
board apparently the members hate one
board apparently the members hate one another they don’t trust one another you
another they don’t trust one another you
another they don’t trust one another you know they have the whole scandal from
know they have the whole scandal from
know they have the whole scandal from marc her to have the scandal from the
marc her to have the scandal from the
marc her to have the scandal from the wiretapping incident like it’s just
wiretapping incident like it’s just
wiretapping incident like it’s just there’s so much there now is it going to
there’s so much there now is it going to
there’s so much there now is it going to work or not again I’m not a software or
work or not again I’m not a software or
work or not again I’m not a software or hardware expert I do think though that
hardware expert I do think though that
hardware expert I do think though that HP despite the growth rate you know it’s
HP despite the growth rate you know it’s
HP despite the growth rate you know it’s a bit like if McDonald’s I read this
a bit like if McDonald’s I read this
a bit like if McDonald’s I read this this as an analyst who said it it’s a
this as an analyst who said it it’s a
this as an analyst who said it it’s a bit like if McDonald’s just one day
bit like if McDonald’s just one day
bit like if McDonald’s just one day decides we’re not going to sell burgers
decides we’re not going to sell burgers
decides we’re not going to sell burgers HP I understand the growth rate isn’t
HP I understand the growth rate isn’t
HP I understand the growth rate isn’t what you wanted in hardware I understand
what you wanted in hardware I understand
what you wanted in hardware I understand the margins are not there you’re the
the margins are not there you’re the
the margins are not there you’re the biggest freaking hardware seller IBM
biggest freaking hardware seller IBM
biggest freaking hardware seller IBM yeah they r you know change what they
yeah they r you know change what they
yeah they r you know change what they did Apple yes jobs came and he did all
did Apple yes jobs came and he did all
did Apple yes jobs came and he did all these miracles I don’t think that’s
these miracles I don’t think that’s
these miracles I don’t think that’s necessarily the answer for HP so if Meg
necessarily the answer for HP so if Meg
necessarily the answer for HP so if Meg Whitman comes and she kills webos and
Whitman comes and she kills webos and
Whitman comes and she kills webos and she basically spins off the hardware
she basically spins off the hardware
she basically spins off the hardware unit I think that’s a bit crazy and it
unit I think that’s a bit crazy and it
unit I think that’s a bit crazy and it won’t change anything if meg whitman if
won’t change anything if meg whitman if
won’t change anything if meg whitman if now the reason why they fired leo
now the reason why they fired leo
now the reason why they fired leo apotheker and brought in meg whitman is
apotheker and brought in meg whitman is
apotheker and brought in meg whitman is to say this is why we’re now going to do
to say this is why we’re now going to do
to say this is why we’re now going to do a 180 and keep the hardware unit and
a 180 and keep the hardware unit and
a 180 and keep the hardware unit and maybe not by autonomy for ten billion
maybe not by autonomy for ten billion
maybe not by autonomy for ten billion dollars when we have like 12 billion
dollars when we have like 12 billion
dollars when we have like 12 billion dollars of cash then i think that might
dollars of cash then i think that might
dollars of cash then i think that might actually in hindsight you know make the
actually in hindsight you know make the
actually in hindsight you know make the board look like courageous and they did
board look like courageous and they did
board look like courageous and they did the right thing but clearly i think
the right thing but clearly i think
the right thing but clearly i think there’s something wrong in just life
there’s something wrong in just life
there’s something wrong in just life when a board could do that and just flip
when a board could do that and just flip
when a board could do that and just flip flops so abruptly and not really taken
flops so abruptly and not really taken
flops so abruptly and not really taken to task and not really had to answer so
to task and not really had to answer so
to task and not really had to answer so i think it’s just crazy but I mean hey
i think it’s just crazy but I mean hey
i think it’s just crazy but I mean hey what else surprises you in business
what else surprises you in business
what else surprises you in business seems a little bit like panic to me but
seems a little bit like panic to me but
seems a little bit like panic to me but what do I know so yeah I mean yeah now
what do I know so yeah I mean yeah now
what do I know so yeah I mean yeah now at least you know you hear two memos are
at least you know you hear two memos are
at least you know you hear two memos are sent out friday evening one from
sent out friday evening one from
sent out friday evening one from the chairman of the board and the CEO
the chairman of the board and the CEO
the chairman of the board and the CEO and one from sorry and and the
and one from sorry and and the
and one from sorry and and the co-founder and the other one from the
co-founder and the other one from the
co-founder and the other one from the CEO that are basically saying very
CEO that are basically saying very
CEO that are basically saying very different things forget all of that I
different things forget all of that I
different things forget all of that I want to ask you a question I think
want to ask you a question I think
want to ask you a question I think everybody has a comment on yahoo and by
everybody has a comment on yahoo and by
everybody has a comment on yahoo and by and large it revolves the answer to how
and large it revolves the answer to how
and large it revolves the answer to how do we solve Yahoo’s woes the answer
do we solve Yahoo’s woes the answer
do we solve Yahoo’s woes the answer usually comes out to focus so assuming
usually comes out to focus so assuming
usually comes out to focus so assuming focus is the path to take instead of
focus is the path to take instead of
focus is the path to take instead of just you know monday morning Q being and
just you know monday morning Q being and
just you know monday morning Q being and saying what they should do assuming
saying what they should do assuming
saying what they should do assuming focus what are the products you use what
focus what are the products you use what
focus what are the products you use what are the products they should focus on um
are the products they should focus on um
are the products they should focus on um the only yahoo product i still use is
the only yahoo product i still use is
the only yahoo product i still use is flickr and you know i’m not even a
flickr and you know i’m not even a
flickr and you know i’m not even a photographer I just have a couple flickr
photographer I just have a couple flickr
photographer I just have a couple flickr accounts and i do upload photos to them
accounts and i do upload photos to them
accounts and i do upload photos to them occasionally i think the biggest problem
occasionally i think the biggest problem
occasionally i think the biggest problem or the biggest mistake yeah who’s made
or the biggest mistake yeah who’s made
or the biggest mistake yeah who’s made with that is if you actually go sign up
with that is if you actually go sign up
with that is if you actually go sign up for a flickr account you have to first
for a flickr account you have to first
for a flickr account you have to first go create a yahoo email address if you
go create a yahoo email address if you
go create a yahoo email address if you don’t already have one if you look at
don’t already have one if you look at
don’t already have one if you look at what Google does though you create a
what Google does though you create a
what Google does though you create a google account and then you choose which
google account and then you choose which
google account and then you choose which suite which products you actually want
suite which products you actually want
suite which products you actually want to check off which ones you want to use
to check off which ones you want to use
to check off which ones you want to use and i think yahoo has messed up the
and i think yahoo has messed up the
and i think yahoo has messed up the integration there they forced me down
integration there they forced me down
integration there they forced me down the email path it’s a little bit messed
the email path it’s a little bit messed
the email path it’s a little bit messed up what they should do is offer you know
up what they should do is offer you know
up what they should do is offer you know one global login and then you choose
one global login and then you choose
one global login and then you choose what you want to use and i think that
what you want to use and i think that
what you want to use and i think that would help their products become a
would help their products become a
would help their products become a little bit more usable a little bit more
little bit more usable a little bit more
little bit more usable a little bit more stick but isn’t the global account the
stick but isn’t the global account the
stick but isn’t the global account the email like the yahoo email you’re saying
email like the yahoo email you’re saying
email like the yahoo email you’re saying they shouldn’t force you to to sign up
they shouldn’t force you to to sign up
they shouldn’t force you to to sign up to yahoo well what you actually got to
to yahoo well what you actually got to
to yahoo well what you actually got to do is set up a yahoo email account with
do is set up a yahoo email account with
do is set up a yahoo email account with with google i have i have a username
with google i have i have a username
with google i have i have a username right i don’t necessarily activate my
right i don’t necessarily activate my
right i don’t necessarily activate my gmail account with yahoo i have to go
gmail account with yahoo i have to go
gmail account with yahoo i have to go and set up a yahoo email account okay i
and set up a yahoo email account okay i
and set up a yahoo email account okay i just think you know what see how you
just think you know what see how you
just think you know what see how you have to be reasonable it’s been around
have to be reasonable it’s been around
have to be reasonable it’s been around for 15 plus years there’s gonna be a lot
for 15 plus years there’s gonna be a lot
for 15 plus years there’s gonna be a lot of junk in the trunk and not all
of junk in the trunk and not all
of junk in the trunk and not all integration is smooth not all you know
integration is smooth not all you know
integration is smooth not all you know 18 years is plenty of time to integrate
18 years is plenty of time to integrate
18 years is plenty of time to integrate though you know um yeah it’s it’s a big
though you know um yeah it’s it’s a big
though you know um yeah it’s it’s a big job but it’s not rocket science and if
job but it’s not rocket science and if
job but it’s not rocket science and if the fact that Google could do it so well
the fact that Google could do it so well
the fact that Google could do it so well just goes to show that Yahoo is leading
just goes to show that Yahoo is leading
just goes to show that Yahoo is leading its main search oh that’s okay i will go
its main search oh that’s okay i will go
its main search oh that’s okay i will go to email the week but just to comment on
to email the week but just to comment on
to email the week but just to comment on that i think that’s like theory not
that i think that’s like theory not
that i think that’s like theory not practice not realistic it’s like in the
practice not realistic it’s like in the
practice not realistic it’s like in the video space you look at all of the
video space you look at all of the
video space you look at all of the company’s let’s say who run the big o
company’s let’s say who run the big o
company’s let’s say who run the big o VPS the online video platforms the
VPS the online video platforms the
VPS the online video platforms the earliest ones you’d think they’d have
earliest ones you’d think they’d have
earliest ones you’d think they’d have all the time in the world to integrate
all the time in the world to integrate
all the time in the world to integrate new technologies but they’re the ones
new technologies but they’re the ones
new technologies but they’re the ones with the legacy systems that’s why the
with the legacy systems that’s why the
with the legacy systems that’s why the new guys common and they sort of beat
new guys common and they sort of beat
new guys common and they sort of beat them at their game
them at their game
them at their game they could start with a clean slate I
they could start with a clean slate I
they could start with a clean slate I think Yahoo’s main disadvantage is like
think Yahoo’s main disadvantage is like
think Yahoo’s main disadvantage is like there’s like a two pound bag and they’ve
there’s like a two pound bag and they’ve
there’s like a two pound bag and they’ve put eight pounds of meat in there and
put eight pounds of meat in there and
put eight pounds of meat in there and it’s hard to say i’m going to take the
it’s hard to say i’m going to take the
it’s hard to say i’m going to take the sausage out and focus on the feeling you
sausage out and focus on the feeling you
sausage out and focus on the feeling you know you can’t even see through the bag
know you can’t even see through the bag
know you can’t even see through the bag okay that’s a weird analogy that’s like
okay that’s a weird analogy that’s like
okay that’s a weird analogy that’s like you too let’s end it there meet in a bag
you too let’s end it there meet in a bag
you too let’s end it there meet in a bag email what’s email email of the week all
email what’s email email of the week all
email what’s email email of the week all right guy named Doug from Chicago hey
right guy named Doug from Chicago hey
right guy named Doug from Chicago hey ash I’m raising money and investors want
ash I’m raising money and investors want
ash I’m raising money and investors want to replace me as CEO is that fair life
to replace me as CEO is that fair life
to replace me as CEO is that fair life is not fair uh I think it depends i mean
is not fair uh I think it depends i mean
is not fair uh I think it depends i mean i don’t know Doug’s predicament too much
i don’t know Doug’s predicament too much
i don’t know Doug’s predicament too much I will say this the approach to take in
I will say this the approach to take in
I will say this the approach to take in that scenario and I think sometimes it’s
that scenario and I think sometimes it’s
that scenario and I think sometimes it’s valid for the investors hey they’re
valid for the investors hey they’re
valid for the investors hey they’re putting money in their company that they
putting money in their company that they
putting money in their company that they might not want you running at a co they
might not want you running at a co they
might not want you running at a co they might want you to be a biz dev guy maybe
might want you to be a biz dev guy maybe
might want you to be a biz dev guy maybe a you know chief technical guide
a you know chief technical guide
a you know chief technical guide depending on what your expertise is my
depending on what your expertise is my
depending on what your expertise is my approach is this because I’ve been in
approach is this because I’ve been in
approach is this because I’ve been in those situations and I’ve been asked
those situations and I’ve been asked
those situations and I’ve been asked point blank I always sort of turn it
point blank I always sort of turn it
point blank I always sort of turn it around to show the board that I’m
around to show the board that I’m
around to show the board that I’m pragmatic practical and reasonable about
pragmatic practical and reasonable about
pragmatic practical and reasonable about these things but also that you know
these things but also that you know
these things but also that you know let’s not make a big deal about this now
let’s not make a big deal about this now
let’s not make a big deal about this now I say here’s the reality if I tell you I
I say here’s the reality if I tell you I
I say here’s the reality if I tell you I should be the CEO it’s my baby no way am
should be the CEO it’s my baby no way am
should be the CEO it’s my baby no way am I not going to be CEO you’re going to be
I not going to be CEO you’re going to be
I not going to be CEO you’re going to be like no no where you know we need a
like no no where you know we need a
like no no where you know we need a adult supervision and we have our guy
adult supervision and we have our guy
adult supervision and we have our guy you know you should be some kind of
you know you should be some kind of
you know you should be some kind of chief creative officer or whatever now
chief creative officer or whatever now
chief creative officer or whatever now if I turn it around and I say I don’t
if I turn it around and I say I don’t
if I turn it around and I say I don’t want to be CEO it’s too much hassle too
want to be CEO it’s too much hassle too
want to be CEO it’s too much hassle too much my new to manage I want to
much my new to manage I want to
much my new to manage I want to just be like chief strategy guy they’re
just be like chief strategy guy they’re
just be like chief strategy guy they’re like going on you know conferences on a
like going on you know conferences on a
like going on you know conferences on a hydrolyzed things that I want to be the
hydrolyzed things that I want to be the
hydrolyzed things that I want to be the evangelist bring in a CEO you’re gonna
evangelist bring in a CEO you’re gonna
evangelist bring in a CEO you’re gonna say no no no ash it’s your baby you are
say no no no ash it’s your baby you are
say no no no ash it’s your baby you are the captain of the ship you have to do
the captain of the ship you have to do
the captain of the ship you have to do it and I’m not saying that that that
it and I’m not saying that that that
it and I’m not saying that that that specific investor is unfair but I think
specific investor is unfair but I think
specific investor is unfair but I think people like to disagree to disagree so I
people like to disagree to disagree so I
people like to disagree to disagree so I do i turn it around and say why don’t
do i turn it around and say why don’t
do i turn it around and say why don’t you take a piece of paper and write down
you take a piece of paper and write down
you take a piece of paper and write down if I should be CEO or not and I’ll take
if I should be CEO or not and I’ll take
if I should be CEO or not and I’ll take a piece of paper and I’ll write down if
a piece of paper and I’ll write down if
a piece of paper and I’ll write down if I should bc or not and you know whatever
I should bc or not and you know whatever
I should bc or not and you know whatever makes more sense like we discuss it and
makes more sense like we discuss it and
makes more sense like we discuss it and we go there I think if Doug takes that
we go there I think if Doug takes that
we go there I think if Doug takes that approach then he probably will end up
approach then he probably will end up
approach then he probably will end up with the right decision for everybody
with the right decision for everybody
with the right decision for everybody for all stakeholders that means maybe
for all stakeholders that means maybe
for all stakeholders that means maybe you’ll end up as the CEO but maybe you
you’ll end up as the CEO but maybe you
you’ll end up as the CEO but maybe you won’t but at least it’s not just people
won’t but at least it’s not just people
won’t but at least it’s not just people debating to show look you know it’s my
debating to show look you know it’s my
debating to show look you know it’s my way or the highway but at the other day
way or the highway but at the other day
way or the highway but at the other day if doug has to make that decision if you
if doug has to make that decision if you
if doug has to make that decision if you want to raise capital whether you sell
want to raise capital whether you sell
want to raise capital whether you sell one percent or ninety one-percent or
one percent or ninety one-percent or
one percent or ninety one-percent or ninety nine percent once you have
ninety nine percent once you have
ninety nine percent once you have outside investors
outside investors
outside investors outside investors you have to take into
outside investors you have to take into
outside investors you have to take into account they’re going to have a say in
account they’re going to have a say in
account they’re going to have a say in it that’s been the show on this week
it that’s been the show on this week
it that’s been the show on this week number eight we’ll be back next week to
number eight we’ll be back next week to
number eight we’ll be back next week to touch on many more topics
”
Be First to Comment