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Yerry Jang Responds to Boomer's Rant... "Here's What Really Happened!"
I just read Boomer's account of what happened in the negotiations and his version is so not true. I had intended keep the real account of what transpired private, because it was so shocking. But in light of the public relations charade that the Microstuff team has since perpetrated in the mainstream media, I am left with no choice. Here is the unvarnished truth.
True Boomer put a bid on the table ... but the bid was for of $44,693,375,275.37 not $44,693,375,275.26 as he later reported in the press. ... The discrepancy of 11 cents may seem insignificant to some, but when considered in the context of his public pronouncement. "I know exactly what Yahoose is worth, and won't pay a dime more..."
Well suffice it to say that 11 cents is more than 10 cents ... ipso fact, the discrepancy is very significant.
It called into account Boomer's credibility. If we could not trust him to give accurate numbers here, could we trust him with any other numbers he would put on the table?
Clearly he was playing games... and we recognized this ploy for what it was... a public relations charade.
So we said nothing.... we just looked at him.... it was a tense silence ... making him and everyone in the room even more uncomfortable. His face grew visibly contorted and then it happened....
He snapped. Chairs started flying across he room. He jumped up on the table and launched into what can only be described as an incoherent and hysterical diatribe against everything from Scott McMealy's rants, to a Silicon Valley anti-trust, anti-Microstuff conspiracy to Goodle's unfair recruiting tactics...
I can't say we were unprepared for this. We were well versed in Boomer's unconventional negotiating tactics... his propensity for intimation ... but what followed was beyond the beyond.
Suddenly, standing there upon on the negotiating table, he whipped down his trousers and started mooning us.
It was not a pretty sight! It was especially lacking in propriety, given there were women present. They averted their eyes, but it was impossible for all of us not to feel the sense of disrepect contained in the gesture.
David Filex and Sue Dicker looked at each other aghast at what they had just witnessed. Sue later confided to me that she thought what she saw was "amusing" but at the time, none of us thought anything about it was funny.
On the contrary, that single gesture was the defining moment in the negotiations, because in an instant all of the internal debates and questions of the Yahoose team were subsumed beneath the inescapable question that confronted us, "Is this the person we want as our new boss?"
"I don't think so." was the silent, but unified and resounding answer. Around the table, we all exchanged nods.
The negotiations were over, but Boomer was not finished.
He continued the the spectacle, foaming at the mouth. Even Boomer's colleagues were mortified. You could see it in their eyes... this deal would not get done.
As we left the room, Boomer was still writhing in uncontrolled anger, up on the table, evidently unaware that he no longer had an audience.
True Boomer put a bid on the table ... but the bid was for of $44,693,375,275.37 not $44,693,375,275.26 as he later reported in the press. ... The discrepancy of 11 cents may seem insignificant to some, but when considered in the context of his public pronouncement. "I know exactly what Yahoose is worth, and won't pay a dime more..."
Well suffice it to say that 11 cents is more than 10 cents ... ipso fact, the discrepancy is very significant.
It called into account Boomer's credibility. If we could not trust him to give accurate numbers here, could we trust him with any other numbers he would put on the table?
Clearly he was playing games... and we recognized this ploy for what it was... a public relations charade.
So we said nothing.... we just looked at him.... it was a tense silence ... making him and everyone in the room even more uncomfortable. His face grew visibly contorted and then it happened....
He snapped. Chairs started flying across he room. He jumped up on the table and launched into what can only be described as an incoherent and hysterical diatribe against everything from Scott McMealy's rants, to a Silicon Valley anti-trust, anti-Microstuff conspiracy to Goodle's unfair recruiting tactics...
I can't say we were unprepared for this. We were well versed in Boomer's unconventional negotiating tactics... his propensity for intimation ... but what followed was beyond the beyond.
Suddenly, standing there upon on the negotiating table, he whipped down his trousers and started mooning us.
It was not a pretty sight! It was especially lacking in propriety, given there were women present. They averted their eyes, but it was impossible for all of us not to feel the sense of disrepect contained in the gesture.
David Filex and Sue Dicker looked at each other aghast at what they had just witnessed. Sue later confided to me that she thought what she saw was "amusing" but at the time, none of us thought anything about it was funny.
On the contrary, that single gesture was the defining moment in the negotiations, because in an instant all of the internal debates and questions of the Yahoose team were subsumed beneath the inescapable question that confronted us, "Is this the person we want as our new boss?"
"I don't think so." was the silent, but unified and resounding answer. Around the table, we all exchanged nods.
The negotiations were over, but Boomer was not finished.
He continued the the spectacle, foaming at the mouth. Even Boomer's colleagues were mortified. You could see it in their eyes... this deal would not get done.
As we left the room, Boomer was still writhing in uncontrolled anger, up on the table, evidently unaware that he no longer had an audience.
4 Comments
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Comment by Michael Arrogant on May 18, 2008 at 11:55pm - Difficult to know exactly who to believe here, but given Boomer's history, I tend to put more credence in Yerry Jang. -MA
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Comment by Steve JibJob on May 18, 2008 at 11:58pm - Just glad Yerry Jang had the guts to put this in the public limelight. Microstuff does anything to try to get their way. I wouldn't put the past Boomer - SJ
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Comment by Larry Elephant on May 19, 2008 at 12:03am - I remember one time at a party when BG got plastered and did the same thing. It wasn't a negotiating ploy then, but I think there's something in the Microstuff DNA.
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Comment by Mark Zuckerbug on May 19, 2008 at 12:10am - Hey, give these Microstuffies a break... Boomer was first class in our negotiations. They established our market cap well beyond anything anyone else considered reasonable, and hindsight will show they were right ... just as soon as we figure out how to monetize things.
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