POPDISH

Jerry Yang, founder and CEO of Yahoo, announced today he would be stepping down as CEO and leaving his beloved company.

He has caught a lot of heat this year for rejecting Microsoft’s takeover offer of $33/share, combined with the dreadful ad market and economy, Yahoo’s stock has plunged to a five-year low of $10.63/share.

With billionaire shareholder Carl Icahn forcing himself onto the board and blasting Jerry in public whatever chance he gets, I don’t blame him for calling it quits.

It must be so disheartening to be forced out of the company you built with your heart and sweat for more than a decade. There are many things I would like to say right now… maybe one day.