Monday, March 17, 2008

Selling your company

But in Silicon Valley, unlike elsewhere in the country, even some of the biggest companies like Yahoo are “are still run by founders who are unwilling to sell for emotional reasons,” Mr. Ellison said, perhaps taking a swipe at Jerry Yang, Yahoo’s chief executive and co-founder, who has been frantically searching for an alternative to Microsoft’s bid.

Helge: The founder wants to be in charge!

“Sometimes,” he said, “they have a hard time separating their emotions from what’s best for shareholders.” Mr. Ellison even allowed that he would have a hard time selling his own business. “I’m very emotionally involved,” he said.

Helge: Separating emotions from business. What's best for the shareholders!

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