[alaskamiller]

For comparison:

Marissa Mayer spent $2.3B - $2.8B on 53 acquisitions in 3 years to make Yahoo into a MaVeNS (Mobile Video Native Social) company. It didn't work because the core revenue engine just didn't flystart.

Mark Zuckerberg spent ~$30B on ~70 acquisitions in 8 years to keep Facebook a social platform through photos, chatting, and VR and he's been successful at it because the core revenue engine keeps it all going.

[alaskamiller]

In the dot-com days Yahoo was $100B val. When Marissa took over it was hovering around $40B val. In the end Yahoo is priced out at $4.83B.

WeWork's $40B+ IPO val and the $4B+ re-val parellels Yahoo's Icarus story.

How does Marissa using Yahoo's $30MM in a sweetheart deal to pay a 16 yo kid in Oxford for his news summary mobile app any more "tech" than a $12MM investment in a Spanish engineering company making artificial waves.

Lol all of this is an indictment of how the last 10 years has been a crazy run.

[alaskamiller]

Also, it's really an indictment on how the era of superpowered CEO is going to hopefully end. While Marissa and Adam share the same winner circle, Zuck is in the same league as Gates.

[phonon]

You forgot about Altaba. Valuation wise Yahoo basically treaded water under Marissa.