SpringOwl Activist Presentation Deck
▪ In 2003, Marissa Mayer started a program at Google called Associate Product Manager (APM)
▪ The two-year rotational program was designed to flag the "best and brightest" at Google and give them increased
responsibilities as well as many travel opportunities and perks
Mayer oversaw the program while at Google and many considered her their mentor
■
Mayer Has a History Of Buying Companies Run By
Former Google APM Members
■
And she's created a similar program at Yahoo: http://yahooapms.tumblr.com/what-is-the-apm-program
▪ A decade later, Mayer now has used Yahoo's shareholders' cash to buy companies run by former APM members
including:
Jess Lee of Polyvore
(standing in a tree):
a fashion website for $230 million
Paul Montoy-Wilson of Aviate:
a Google Now knock-off for $80
Spring Owl!
Asset Management LLC
million
Source: www.nytimes.com/2015/05/fashion/will-the-met-gala-make-fashion-love-yahoo.html
YAHOO!
Enrique Munoz Torres:
was an early direct hire by Mayer and is
now SVP of Search (even though Yahoo
exited the Search biz in 2009)
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