Monday, July 9, 2007

Meeting with Bradley Horowitz

On Friday, I had a meeting with Bradley Horowitz, Head of Advanced Development Division at Yahoo!. Bradley had given a talk for the Executive Speaker Series the first week of my internship, and I was very interested in his role as 'innovation leader' at Yahoo!. We discussed the difficulties of maintaining an entrepreneurial culture at a company the size of Y!, which are exacerbated by how quickly Y! has grown. One major problem that I have seen is that Y! has no platform--there are very little best practices across the network, and products/business units are still verticalized with little communication. Bradley mentioned that fixing this problem is one of Jerry Yang's priorities, and that very soon he will implementing a major change to address this problem.
I also asked Bradley how a company like Y! can keep its best employees; what stops them from leaving for startups or starting their own companies. Bradley runs Brickhouse, which addresses this problem, but he agreed that there is nothing Y! can do (or should do) if an employee has a great idea and wishes to pursue it outside of Y!. However, if the employee chooses to pursue his/her idea within Y!, than instead of a 1:1000 chance of success, it will be more like 1:100 or 1:50. So basically it comes down to people's risk tolerances--starting your company at Y! will never make you a billionaire, but it can make you a millionaire.

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