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by pankajdoharey
3029 days ago
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When she joined yahoo in 2012, Microsoft was willing to pay $51 Billion for Yahoo thats how the valuation was, But after running it for 4 years the valuation reached a low of $5 Billion. She said she will turn it around. In 2016 she said she will turn yahoo around in 3 yrs. And very soon yahoo was sold, she misguided a lot of stockholders with that statement. Also the blame of a sinking ship goes to the captain as does the credit to the loot of a pirate ship.
If she didnt run yahoo into the ground then who did ? |
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If you know the ship is sinking, then you should sell it right away (at 50B) then invest that in index funds, and end up with +7% each year, instead of -90% over 4 years.