Another great question (not to mention, answer) from the ‘cast with Seth:
Well, wait a second. Yahoo! makes millions and millions of dollars every day. They have more register users, I think, than just about any other site in the world. And, they deliver huge amounts of information on finance and everything else. Millions and millions of people have Yahoo! mail.
If someone wanted to hand me the keys to Yahoo!, I’d be happy to show up. They’re not doomed, by any stretch of the imagination.
The real question, I think, should be: what’s Yahoo!’s next Dip, and how do they get through it? Is Yahoo! on a dead end in which they’re going to keep cranking out money but not become a superstar in something new. Or, are there Dips that the people at Yahoo! could focus on and put their huge resources behind, and push through. Or, is it a better strategy for them to do forty things, and hope that one of them pops?
And, based on what I’ve said so far today … the way you win on the Internet and everywhere else is to find an area that people are going to choose to talk about, overwhelm it, push through the Dip and then erect a barrier behind you - what I call the Valley of Death - so it’s harder for the Microsofts and the Googles to catch up with you.
Originally blogged at Socially Speaking.