Met with Jeff yesterday, and we didn’t have nearly enough time, so we’re going to meet again next week. But the time we did get was quite interesting. This against the backdrop, of course, of Yahoo’s stated intent to shift from Google results to its own native technology. Jeff was coy on when the switch would occur, but extremely enthusiastic about the end result (Yahoo CEO Semel has announced the switch will occur by the end of the first quarter, and that’s not too far away).
I think Yahoo search will be new from the ground up. It’s not just Inktomi in place of Google, it will be an entirely new product. Jeff wouldn’t give me details on what to expect, but he is a man clearly sitting on his hands – he’s proud of the work his team has done. “People don’t realize how scarce search engineering talent is,” he told me. “And we’ve got critical mass.”
On more general topics, we had a robust discussion around the issue of paid inclusion. This issue is almost always painted in black and white – Paid Inclusion Bad, “Pure” Search Good. But Weiner defended the practice against the metric of user value – when sites pay to insure their content is indexed, they also insure it will be available as potentially relevant results to the user. If Yahoo fails to give the user relevant, quality results, and instead spams the user with commercial fare, Yahoo will lose that user. In other words, it’s not in Yahoo’s best interest to value the advertiser over the user’s needs. In fact, it’s in the advertiser’s interest for Yahoo to value the user over the advertiser. This, of course, is Publishing 101.
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Jonathan was busy hiring folks when I stopped in, as were many others I met at Friendster. A good sign, overall, for the Valley, that smaller and younger companies are hiring, as well as folks like Google. F’ster had none of the bling bling associated with