Leaves Yahoo
Graham leaves Yahoo after spending one and a half years working on Yahoo Store, the new iteration of Viaweb. He says the company lacked a clear vision, and was somewhere between a tech company and a media company:
Project managers at Yahoo were called “producers,” for example, and the different parts of the company were called “properties.” But what Yahoo really needed to be was a technology company, and by trying to be something else, they ended up being something that was neither here nor there. That’s why Yahoo as a company has never had a sharply defined identity.