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OK, 100% Cash and I’ll Throw in This Office Chair–but That’s My Final Offer

ballmer_dance.jpg

Prior to joining Google, I set up a meeting on or about Nov. 11, 2004, with Microsoft’s CEO Steve Ballmer to discuss my planned departure. … At some point in the conversation, Mr. Ballmer said: ‘Just tell me it’s not Google.’ I told him it was Google. At that point, Mr. Ballmer picked up a chair and threw it across the room, hitting a table in his office.”

Former Microsoft Distinguished Engineer Mark Lucovsky

I’ve never thrown a chair in my life. … By and large I made a commitment nine years ago that I was not going to curse. I know I’ve had one or two transgressions in nine years, but I made that commitment to myself. Is that one of them? I don’t recall.”
Microsoft CEO Steve Ballmer on Lucovsky’s allegation

We may see another chair-tossing tantrum in Redmond before this Microsoft-Yahoo debacle gets itself sorted.

Yahoo’s extension of a March 14 deadline for nominating directors to its board and reports of the company’s talks with other suitors are said to be trying Microsoft CEO Steve Ballmer’s patience–and his temper. “Ballmer is just one of many highly emotional people involved in this,” a source close to both companies told the New York Post. “Microsoft has been trying to avoid going completely hostile, but now it is going to get completely hostile.”

For Microsoft, that means going public with the slate of directors it plans to nominate to Yahoo’s board as early as next week and perhaps even changing its half-cash/half-stock offer for the company to all cash, effectively raising it to to $44.6 billion from $41.5 billion .

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Another View

Kara Swisher

Yesterday, a source close to Microsoft (MSFT) called me and expressed increasing exasperation after Yahoo (YHOO) used a clever corporate tactic to delay a fast-approaching deadline for nominating new board members, extending it to an unspecified date in the future. Most observers considered the move just a way of staving off the inevitable–that being a [...]

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John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper.

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Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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