[ryanlchan]

This is a masterpiece of a backhanded compliment. Never have I seen such elegant transitions between briefly masked contempt and half-hearted admiration. It's really stunning.

I think analyzing these acquisitions from a raw dollars-to-dollars perspective is a mistake. When doing a turnaround with a company so fundamentally troubled as Yahoo, you need more than just a few patch-in acquisitions, so that's clearly not what they are about. These moves are part of a long term investment in motivating employees, building relationships with the valley, and regaining footing in the markets that they can win.