YOUR FRIENDS' ACTIVITY

    Marc Andreessen: Marissa Mayer Faces Steve Jobs-like Challenge

    , co-founder of the groundbreaking Netscape browser and now one of Silicon Valley's best-known VCs, had some very qualified praise for on Monday.

    [More from Mashable: ]

    "I'm super happy for Marissa," Andreessen said on stage at the Fortune Brainstorm Tech conference in Aspen, noting that it clearly marked a pivot in Yahoo's strategy from a focus on media or ad sales to a focus on tech products.

    But the top VC pivoted quickly to a much more wary outlook. "It's a big job she's stepping into," Andreessen said. "A big commitment. A big challenge."

    [More from Mashable: ]

    SEE ALSO:

    Indeed, he added, the challenge was comparable to the one Steve Jobs faced when he returned to the sinking ship that was Apple in 1997. And he didn't seem to fancy Mayer's chances at turning in that kind of performance.

    "Apple showed that tech companies can be turned around," Andreessen said. But "there have been very few web turnarounds" -- and very few CEOs of Jobs' caliber, he added.

    SEE ALSO:

    Mayer, at 37, is some 12 years older than Jobs was when he founded Apple. Then again, Jobs was 42 -- and had a decade of experience at the helm of another tech startup, NeXT -- when he returned and began executing Apple's record-breaking turnaround.

    Mayer, by contrast, has never held a C-suite job before. But she does, at least, seem to recognize the scale of the challenge. "There's a lot of work to do," she said in a statement to the Fortune conference organizers.

    Mayer was due to appear here in Aspen Tuesday, but has cancelled her appearance.

    This story originally published on Mashable .

    Loading...
    • Trucker bumps I-5 bridge, sees tragedy behind him

      MOUNT VERNON, Wash. (AP) — The trucker was hauling a load of drilling equipment when his load bumped against the steel framework over an Interstate 5 bridge. He looked in his rearview mirror and watched in horror as the span collapsed into the water behind him. Two vehicles fell into the icy Skagit River.

    • Fired for word: 'Negro' in Spanish class

      One of the first lessons one learns in English class is that context is everything. The same holds true in Spanish.

    • The Video of the Washington Bridge Collapse Is Terrifying

      Seattle's KIRO-TV got their hands on surveillance video capturing the very moment when a too-heavy truck starts crossing the bridge and the supports start to collapse. You can see the next truck start to cross the bridge as the whole thing is coming apart. It is a terrifying video. Watch the whole thing below: 

    • Why a bidding war over Hulu is heating up

      Yahoo, DirecTV, and Time Warner are reportedly among the suitors

    • Saudi Arabia warns against Iran's nuclear program

      RIYADH, Saudi Arabia (AP) — Saudi Foreign Minister Prince Saud al-Faisal has warned against the danger of Iran's nuclear program to the region's security and said Iran should not threaten its neighbors since countries in the region harbor no ill-intentions to the Islamic Republic.

    • Cycling-Road-Giro d'Italia classification after stage 20

      May 25 (Infostrada Sports) - Classification from Giro d'Italia after Stage 20 on Saturday 1. Vincenzo Nibali (Italy / Astana) 79:23:19" 2. Rigoberto Uran (Colombia / Team Sky) +4:43" 3. Cadel Evans (Australia / BMC Racing) +5:52" 4. Michele Scarponi (Italy / Lampre) +6:48" 5. Carlos Betancur (Colombia / AG2R) +7:28" 6. Przemyslaw Niemiec (Poland / Lampre) +7:43" 7. Rafal Majka (Poland / Saxo - Tinkoff) +8:09" 8. Benat Intxausti (Spain / Movistar) +10:26" 9. Mauro Santambrogio (Italy / Vini Fantini) +10:32" 10. Domenico Pozzovivo (Italy / AG2R) +10:59" 11. ...

    • Multiple aftershocks follow 5.7 quake in N. Calif.

      GREENVILLE, Calif. (AP) — At least 22 aftershocks have struck following an earthquake in far northeastern California that was felt as far away as San Francisco and in two other states.

    • Damage reported from magnitude-5.7 quake in Calif.

      GREENVILLE, Calif. (AP) — Residents in rural northeastern California assessed damage to their homes and businesses Friday from a magnitude-5.7 earthquake, one of the strongest temblors to hit the densely forested region in decades.

    Loading...

    Follow Yahoo! News