Well, this last week has been an emotional roller coaster at work due to the
Yahoo Microsoft deal. I have to say, the night before the deal was announced, I was reading the rumours from various tech websites, and I didn't like what I was seeing. There was obviously some anxiety over how much longer I would be able to stay in Silicon Valley, and whether my job would still be here. The idea of becoming a Microsoft employee wasn't very palatable either.
Day break came, and the deal was announced super early in the morning (4:30am ish?). My immediate reaction was, oh my goodness, the stock price is sinking like a rock. I should have seen it coming though, speculators were piling into the stock, driving the price up to $17/share which wasn't sustainable. When the deal finally came, these people were piling out of the stock. It seems like investors in general didn't like the deal because Yahoo didn't get cash upfront for the deal. I have to admit that the deal is fairly complicated. The next two days, I spend several hours sitting through meetings that explained the deal, and its implications. I understand what the deal entails now, but the merits of the deal were definitely not apparent at first glance.
In either case, I was glad to hear that my job wasn't going to be transferred to Microsoft. I will continue be fighting on the side of Yahoo, and my job should be safe. My team should be unaffected by the deal, so I thank God for that.
Anyway, I'm still digesting this deal, and pondering what the future holds, and what change shall come.
