Pricey lunch with Yahoo

Silicon Valley is all a buzz about who placed the winning $90,000 bid on a lunch with Yahoo CEO Marissa Mayer.

The online charity auction for a lunch with Mayer which was held by came to an end at 12:30 p.m. Thursday, but the online auction site said it still has to confirm the top bid.

“The winner will dine one-on-one with Mayer and learn what it is like to lead one of the world’s most well-known tech companies,” a press statement from Charitybuzz said.

A table in a fancy restaurant might not be part of the deal though.

“I am excited to host lunch at Yahoo!’s very own URLs cafe in support of their important mission,” according to Mayer who was quoted in the Charitybuzz statement.


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Proceeds of the auction, which started June 11, will go to the Aspire East Palo Alto Charter School (EPACS), a K-12 public charter school focused on preparing children for college. About 95 per cent of EPACS students come from low income families and the school has a college acceptance rate of 100 per cent. Mayer said she has been “inspired for years” by EPACS’s “incredible work transforming the lives of young people through unique, rigorous and innovative educational environment.”

While $90,000 might seem a lot for a cafeteria lunch, it still pales in comparison to the price of a coffee break with Apple Inc.’s Tim Cook.

A recent auction for a 30-60 minute coffee break with the Apple CEO came up to $610,000.

Still Mayer might smile at the thought that she beat out Jack Dorsey, CEO of mobile payment company Square Inc. The auction for a lunch with him to benefit at-risk high school kids, topped up at $31,000.

A charity auction for the benefit of the RFK Centre for Justice and Human Rights  offering a meeting with Tesla Motors CEO Elon Musk, fetched $20,000.

A golf game with actor Samuel L. Jackson raised $5,250.

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Nestor E. Arellano
Nestor E. Arellano
Toronto-based journalist specializing in technology and business news. Blogs and tweets on the latest tech trends and gadgets.

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