28 December 2012

Former Yahoo CEO Scott Thompson at new startup

Former Yahoo CEO Scott Thompson is on the trail to redemption at new startup - San Jose Mercury News: "But Thompson didn't just take his $7 million in walking-away money and retire; he's now running a tiny startup called ShopRunner, and spends his time schlepping around the country lobbying online retailers to sign up for his Amazon-like shipping services. In his first interview with this newspaper since being booted from Yahoo, Thompson said he's not trying to prove anything -- he's just "fascinated" by the challenge of whether he can grow a 60-person company into something big. Two-year-old ShopRunner offers what Thompson called "Amazon Prime for everybody else." Users, who pay a $79 yearly membership fee, get perks like two-click shopping and free two-day delivery from dozens of online retailers, ranging from Toys R Us and Anne Klein to smaller merchants. . . ."

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