As you’ve no doubt heard by now, Verizon on Monday agreed to purchase Internet pioneer Yahoo’s operating business for $4.8 billion. While many will see the acquisition as proof that Mayer failed at CEO, she’s quick to point out all of the accomplishments that have taken place at Yahoo since her arrival.
Ars Technica notes that during a call with investors, Mayer said they invested and built their mobile, video, native and social businesses from nothing in 2011 to $1.6 billion in GAAP revenue last year. What’s more, Yahoo tripled its mobile base to more than 600 million monthly active users over the same span of time and just last year, generated more than $1 billion in mobile advertising revenue.
The publication said investors seemed positive about the deal, with one congratulating Mayer directly and other extending congratulations to the entire Yahoo management team for putting together the deal.
The status of Mayer’s future with the company is unclear at this time. Ars said she seems likely to leave (especially with a $57 million severance waiting in the wings) although she said she loves Yahoo and “plan[s] to stay.” She added that her immediate priorities include seeing the transaction through to closing and protecting the value of their equity stakes.
Should she decide to roll out, Mayer would likely wait until the transaction is closed in Q1 2017 before doing so. Regardless of what happens, however, Mayer has made a boatload of money from Yahoo. Over the past four years, she’s raked in $139.6 million according to USA Today.
Lead image courtesy Reuters