Is Yahoo On Its Way Down or Up?

Whenever an article has the quote “it was a clusterfuck” in it, you know it’s worth reading.  While Wired’s article titled “How Yahoo Blew It”  by Fred Vogelstein is very critical, he’s got a few new nuggets in the article that I hadn’t heard before.  Yahoo has a response which ends with “We know that Yahoo! had its challenges this year and we know that we’re going to continue to take bruises publicly until Panama begins to bear fruit, but we’re here for the long haul, and we’re focused to win.”  In addition to the “build” of Panama, there continue to be big, interesting strategic moves (and challenges) for Yahoo – a few of which are highlighted by Vogelstein.  Once again, Yahoo has the chance to try to change the game – as does Microsoft – and I’d think they would each take a shot this time at being bold (rather than just follow “slow and steady execution”) if they really want to assault Google this time around.