Read all about it — Yahoo's doing ... nothing!
Remember Jerry Yang's 100 Day Plan? The one that promised a new game plan with "no sacred cows?" We're almost to the halfway mark (Day 56, counting weekends, but isn't that what fast-track executives do?) and so far, there's precious little going on. Check out Kevin Delaney's WSJ piece today, which points to barn-burners like adding social networking features to its email and hiring Stone Yamashita partners to help them refocus (disclosure: I have a brilliant relative who works there). Delaney quotes Glen Kacher of Integral Capital partners, who dumped his Yahoo! holdings after meeting with top executives there in August, saying we "decided that the management isn't considering the kind of transformational changes that would be required to improve their position in the market." Ouch.