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by skinnymuch 1876 days ago
The Alibaba and Yahoo Japan stakes Yahoo got were selling half of Alibaba stake for $8B in 2012 and $40B remaining in 2019. They sold Yahoo Japan shares for $4B in 2019. Microsoft would have had no need to sell the 2012 stake at the time. They could have possibly doubled their money.
1 comments
_ea1k 1876 days ago
Oh, certainly if YHOO or MSFT had retained the Alibaba stake it would have been worth it.

It looks like YHOO shares never went back above $45B, though: https://www.businessinsider.com/yahoo-market-cap-over-time-2...

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skinnymuch 1876 days ago
The market was not valuing Yahoo fairly for most of its life as Yahoo for the company name after this.

So when Yahoo’s remains changed to Altaba after selling that $4.5B Yahoo namesake and Yahoo Japan for $4B+ soon after, it was still a nearly $40B market cap company. Almost all of it being 16% of Alibaba.

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