| It's not just the opportunities that were on the table at the time, but also declining all future opportunities if this venture failed. You get one shot at a job like this. The company making the offer had to make it worth her while to A. Leave Google, and while she wasn't the top dog at Google any more, she was still extremely well respected, and incredibly well compensated, and--perhaps most importantly--very, very safe. What would it take for you to leave a job like that? B. Spend her one shot at the ultra-big time at a company near death, where it was likely that she couldn't save it, regardless of what she did. Yahoo had to offer her the big bucks for to take a risk like that, and one part of reducing the risk to her is to give her a golden parachute, where regardless of whether the venture succeeds or fails, she is still better off than at her old position. And you have to make all the numbers risk-adjusted. All of this negotiated _before_ you know if she is going to succeed or fail. Yahoo wanted her that badly and spent what it took to get her. |
Re: well respected and very safe, not really. Worked during that time in Maps. Cracks were starting to show.
She wasn't that well respected in engineering circles. Maybe in product management she was, I don't have much visibility into that.
Also, her safety was in question. She already got shunted to a position with less authority and a further degree of separation from Larry Page. She wouldn't have gotten fired, but a slow stripping of responsibilities and transfer into a ceremonial role probably wouldn't have been out of the question.