wait wut?
Usually when you have piss poor results the CEO gets shown the door and the chairmen of the board gives the BS thanking statement. No wonder investors are bailing on them.
Yelp is in full crisis mode as the upstart's chairman is out – and its stock continues to free fall. The reviews website, headquartered in San Francisco's startup land, announced on Wednesday that a modest $2.7m profit in the second quarter of 2014 had turned into a loss of $1.3m in the second quarter of 2015. This is despite …
Well then they double suck because extortion tends to be pretty lucrative as long as you are actually scary and don't get arrested. And totally off topic (and on a topic hardly anyone is reading) I am going to take a min and pat myself on the back for 10k total upvotes lol. Now where is my gold icon?
Any social media site that gets to the psychopath executive takeover and the corporatise and monetise stage, generally has hit it's peak and it is downhill from there as the executive team seek to plunder the company with hugely inflated salaries, squeezing down actually productive worker's salary, providing less and less to end users, play host to PR=B$ companies and corporate propaganda and generally turn the company into douche bags 'r' us.