Annual "Worst CEO" List Released
angry tapir writes "Zynga's Mark Pincus made the annual 'Worst CEOs' list compiled by Dartmouth College professor Sydney Finkelstein. Mark Zuckerberg of Facebook and Andrew Mason of Groupon received dishonorable mentions. Zuckerberg earned his dishonorable mention on the list partly due to his 'hoodie mentality.'"
My top three are all social media related. Imagine that.
1. Microsoft buys Yammer for $1.2 Billion
"Enterprise social network" -- a solution looking for a problem. This is almost as bad an idea as Ballmer's Skype acquisition in 2011.
2. Facebook buys Instagram for $715 Million
Zuckerman didn't even ask the board. Meanwhile users are leaving Instagram like someone set the company on fire. And they're still not profitable.
3. Zynga buys OMGPOP for $180 Million
Pincus thinks he's the next EA, while the entire company rots away under him.
There are a lot more (thinking rather pointedly of AMD, Apple, Samsung, Nokia), perhaps we can compile them all here.
I don't know. Ballmer is one of my favorite CEO's in IT today, possibly in all of IT's history. Speaking as a Linux user, I hope he stays with Microsoft for as long as its operating ;) BALLMER RULES!
"Computers will never truly be free until the last windows user is strangled with the entrails of the last mac user."