Today’s Microsoft retreat is a victory for Silicon Valley and all the startups. Now that the troops are pulling out of Silicon Valley everyone is jumping up and down eager to get down to business – except the bloggers who are all trying to figure out what happened (not including Kara Swisher she was on top of this story from day one).
This outcome was clear to me from day 1 – Yahoo would fight to the death rather than roll over and take it up the butt from Microsoft. As this chapter of history comes to a close the story is bigger than what the stock number was or one particular issue. It was bigger than all of that. As I wrote in February it was the Silicon Valley Poison Pill in action. The culture in Silicon Valley is deep in tradition and this trophy in Yahoo was not going to Redmond. Hey I’m a big fan of Microsoft and Dan’l Lewin here in Silicon Valley (except that blogger idiot Mark Ashton), but the culture of Silicon Valley just won out. This is going to make one great John Markoff story for the NY Times. – go ahead John run with it.
Another story line here is the big win for all those starving Web 2.0 companies looking for a partner – Yes Yahoo will remain free to be a real force in the Web 2.0 community again. Now with open social (yes reported here first) and with upcoming announcements of Yahoo opening up. Yahoo is born again. As we the kids cheer in baseball Yahoo employees are cheering – “2 out rally….2 out rally….2 out rally…2 out rally”. If this doesn’t wake up the dead at Yahoo nothing will.
This is a win for Web 2.0 and startups around the world but mostly a big win for Silicon Valley. Yahoooo
Don’t forget how Google is loving this.