Away from the maddening crowd at Silicon Valley, the ousted CEO of Yahoo, Jerry Yang and the once exiled CEO of Apple, Steve Jobs had a private meeting, late Tuesday night. The meeting happened just a day after Yahoo board of Directors decided to oust their CEO, Jerry Yang. Sources close to Jerry Yang said that he was desperate to get some tips on how to survive this kind of severe blow, Steve Jobs being the expert here. Steve Jobs reportedly patted Jerry Yang many times to give the best comfort that the Yahoo chief badly needed. The meeting was quiet and somber.

When some News reporters contacted Steve Jobs about the meeting, Steve Jobs, although reluctant, admitted that they discussed on what Jerry Yang needs to do to come back as a hero. Steve Jobs added:

I feel sorry for Jerry, his achievements have been overshadowed by some mistakes. Little mistakes are never forgiven and achievements hardly get rewarded. I know that he has done many things for Yahoo. He is a strong and a born leader; I won’t be surprised if he comes back as a hero.

Jerry Yang was not forthcoming about the meeting. However, in a press conference early Tuesday after the decision to oust him was all in the major newspapers and the Internet, Jerry had his say. He said he was not surprised or shocked by the decision of the Yahoo Board of Directors. It seems he had foreseen the storm. When asked how he should have done things differently, he said that in whatever he did “Better Company future” was always on his mind. He regretted that his actions have created many misunderstandings in the company. When asked what he would undo if he were able to go back in time, he said:

Well, I will sign the $45 billion Microsoft deal. That was the point where people in Yahoo started gossiping. Nothing would have failed if the deal was sealed. Google would not have come in to give me a bad name if that was done.

However, he quickly added:

I did what I did in good faith that the decision I took then was best for the company. I feel sorry for the employees who were laid off in February and for those 15,000 employees Yahoo is going to lay off again. It is the bad economy to be blamed. Moreover, most of the decisions were taken together; it’s hard to understand that I am chosen as the scapegoat. I will come back; my tryst with Yahoo is not done yet.

Industry analysts at Silicon Valley are speculating that firing Jerry Yang is a strategy to gain the lost strength of the company. George Hurns, professor of International Business Studies at Stanford University said:

Jerry Yang will be back to revive Yahoo. History is repeating. Apple did the same to Steve Jobs to make him learn how to serve the company better. Yahoo knows this worked. Stanford University will be glad to give Jerry Yang the time to deliver a Commencement Address as we gave the chance to Steve Jobs on June 12, 2005. Adventurous and inspiring stories are always good for the students.

Jerry Yang has not hinted at starting a new company; this leaves room for the speculations that he plans to come back. The chances of joining other companies in Silicon Valley are ruled out by industry analysts for now.

Jerry Yang has done the right thing in running to Steve Jobs for guidance and comfort. Silicon Valley is buzzing with the rumor that Jerry Yang is starting a new company; however, Steve Jobs seemed to have advised him not to rush. Meanwhile, Yahoo is frantically searching for someone to replace Jerry Yang, so that he can go to exile without spoiling the painful fun of exiling leaders, which has become a tradition in Silicon Valley.

Via iphonefootprint FAKE NEWS.