There are plenty of entrepreneurs with brilliant ideas at Yahoo. They just have to leave the company before they can do anything about them. Take Ex-Yahoo Travel general manager Yen Lee. He left the company a year ago and founded travel search engine UpTake. After a $4 million first round in December 2007, he's just landed another $10 million. Trinity Ventures and Shasta Ventures led the round, which follows UpTake's $4 million first round last December. The difference between UpTake and Lee's old gig running Yahoo Travel? UpTake's focus is content from third-party sites like TripAdvisor, Expedia and yes, Yahoo Travel. Which of course means UpTake would fit quite nicely with Yahoo president Sue Decker's whole "open" strategy for Yahoo. Perhaps what she's really holding open is the door to the exit.
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