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  "documentTitle": "SpringOwl | Activist Presentation Deck | 99 slides",
  "authorId": "springowl",
  "authorName": "SpringOwl",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
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  "presentationDate": "2015-12-01 00:00:00",
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  "notes": "This is part of a multi-step activist proposal by SpringOwl Asset Management.",
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      "text": "Companies don't die from too much focus; they die from too little\nThe last four years has seen Yahoo trying to do a little bit of everything\nYahoo should still milk its PC-based revenues (which still account for 80% of its revenues and more of its unfortunately now non-existent profits) coming from Home Page/Mail for as long as it can; just as Tim Armstrong milked AOL's dial-up; but this should be done with the bare minimum of headcount required\nHowever, more of an effort should be made to double down on the winners it possesses in Finance and Sports and help invest in growing traffic\nYahoo needs more usable mobile apps for Finance and Sports; they also need to continue to invest in unique content they can syndicate to others (like Buzzfeed does), show off partner content, and develop more helpful portfolio tools",
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      "text": "Source: SpringOwl Asset Management LLC",
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      "kind": "title",
      "text": "Step Five: Milk the PC Biz But Focus on Finance, Sports",
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