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by alaskamiller
2451 days ago
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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. |
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