I take back some of the stuff I've said about Firefox
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They at least have someone on staff great at negotiating deals:
http://www.recode.net/2016/7/7/12116296/marissa-mayer-deal-mozilla-yahoo-payment
According to the change-of-control term, 9.1 in the agreement, Mozilla has the right to leave the partnership if — under its sole discretion and in a certain time period — it did not deem the new partner acceptable. And if it did that, even if it struck another search deal, Yahoo is still obligated to pay out annual revenue guarantees of $375 million.
Put simply, if Yahoo sells to Foobar, and Mozilla decides they don't like Foobar, Mozilla stops providing any search traffic to Yahoo but still is owed $375 million/year for the duration of the original contract (through 2019).
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That's impressive.
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Wow that they got away with that clause.
Even if they don't mind Foobar, they'd be fools not to cash in that get out of jail free card.
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@error said in I take back some of the stuff I've said about Firefox:
Even if they don't mind Foobar, they'd be fools not to cash in that get out of jail free card.
No shit. Especially since they were worth $300 million/year on their old Google contract. Google likely wouldn't pay that amount anymore, but even if they paid half of that, Mozilla'd be raking in the dough.
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Verizon, Quicken Loans and private equity players like TPG
Fuck that. Mozilla would be right in using their get out of search contract
freePROFIT! card. Those bidders have fuckall to do with web search. Like hell do I want to use a Verizon or Quicken-branded search engine.
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@anotherusername No matter who Yahoo sells to, Mozilla has basically zero incentive to not invoke this clause.
Unless perhaps it's Google.
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Is Yahoo really the default search engine of FireFox?
I use FireFox and do not remember anything about Yahoo at all, maybe switched instantly and forgot.
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@blakeyrat well, it'd involve dousing the bridges in gasoline and setting them afire and sending a raiding party every year to collect $375m from that-which-was-Yahoo.
They might not want to go to quite that extreme, on the outside chance that they might want to have non-hostile relations with the company again at some point in the future.
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@anotherusername said in I take back some of the stuff I've said about Firefox:
@blakeyrat well, it'd involve dousing the bridges in gasoline and setting them afire and sending a raiding party every year to collect $375m from that-which-was-Yahoo.
If that's Quicken or Verizon, who'd give a fuck?
Like I said, only a few parties would be worth not invoking this clause. Google, certainly. Possibly Microsoft. Maybe if you're big in China, Baidu. That's... that's it.
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@Adynathos I think it's the default default. You can change it from the default default to a custom default, which is probably what you did. It also appears at the top of the list of search engines, unless you rearrange them.
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@blakeyrat said in I take back some of the stuff I've said about Firefox:
They at least have someone on staff great at negotiating deals:
Or Yahoo has someone very inept at it. Though given that the clause's condition is that someone's actually willing to pick up Yahoo, it might not actually be that bad of a deal...
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Cashing in on this and jumping to someone else seems like a
to getting a deal like this again.
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@Maciejasjmj said in I take back some of the stuff I've said about Firefox:
Or Yahoo has someone very inept at it.
Probably both.
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@blakeyrat Take it back, take it back, take that thing right out of here! Right away, far away, take that thing right outta here!
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@Maciejasjmj said in I take back some of the stuff I've said about Firefox:
Or Yahoo has someone very inept at it.
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@Magus said in I take back some of the stuff I've said about Firefox:
Cashing in on this and jumping to someone else seems like a
to getting a deal like this again.Maybe the next partner will read the contract.
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@error said in I take back some of the stuff I've said about Firefox:
Maybe the next partner will read the contract.
They don't want that to happen!
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If they use that clause without good reason, other partners would get wary of them. I wouldn't use it. There are just a few big search engines they can sell.
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Is Yahoo really the default search engine of FireFox?
I use FireFox and do not remember anything about Yahoo at all, maybe switched instantly and forgot.Sign of
: Remembering when Yahoo! was not only relevant, but the biggest and best search engine on the net.
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@HardwareGeek said in I take back some of the stuff I've said about Firefox:
Is Yahoo really the default search engine of FireFox?
I use FireFox and do not remember anything about Yahoo at all, maybe switched instantly and forgot.Sign of
: Remembering when Yahoo! was not only relevant, but the biggest and best search engine on the net.I liked MetaCrawler.
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@Maciejasjmj said in I take back some of the stuff I've said about Firefox:
Or Yahoo has someone very inept at it.
Yeah, their CEO.
Considering her past record when it comes to
spendingwasting money, you don't have to be very clever to out-negotiate her, At the time the contract was signed I bet she thought she really stuck it to Google by luring away Mozilla. Now, anyone crazy enough to buy Yahoo is stuck with a billion dollars worth of payments, no matter what. Good Job!
And just to make Yahoo even less attractive, It's estimated that there could be up to $1 billion in stock compensation costs - money owed to employees who were loaded up with shares and options in order to entice them to stay. Mayer has handed out excessively generous deals to many top execs.
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said in I take back some of the stuff I've said about Firefox:
They at least have someone on staff great at negotiating deals:
So often, it's all you need.
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@xaade said in I take back some of the stuff I've said about Firefox:
said in I take back some of the stuff I've said about Firefox:
They at least have someone on staff great at negotiating deals:
So often, it's all you need.
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@HardwareGeek said in I take back some of the stuff I've said about Firefox:
Sign of
: Remembering when Yahoo! was not only relevant, but the biggest and best search engine on the net.There was never a point where Yahoo! was the best search engine for anything I cared about. I guess I wasn't mainstream enough.
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@xaade said in I take back some of the stuff I've said about Firefox:
said in I take back some of the stuff I've said about Firefox:
They at least have someone on staff great at negotiating deals:
So often, it's all you need.
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@El_Heffe said in I take back some of the stuff I've said about Firefox:
Mayer has handed out excessively generous deals to many top execs.
The ones who fucked up Yahoo exclamation mark in the first place? Google probably planted Mayer there so these top execs wouldn't apply with them.
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@error said in I take back some of the stuff I've said about Firefox:
I liked MetaCrawler.
If you want to know who the best search engine is, just ask Jeeves.
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@error Altavista was my go-to.
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@Lorne-Kates SSDS for the web. Store all the internets in one file for easy access.
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@ScholRLEA Lycos FTW
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@ben_lubar said in I take back some of the stuff I've said about Firefox:
Store all the internets
D:\temp\archive.org
Marissa Mayer - Wikipedia
