4 ms·
Yahoo! didn't lose anything, only its investors did (as it paid with stock, not cash)... But then, they would have lost a lot anyways, because the whole market
by tomp 10y ago
Yahoo! didn't lose anything, only its investors did (as it paid with stock, not cash)... But then, they would have lost a lot anyways, because the whole market was overvalued.
- ChuckMcM 10y agoI certainly see it differently. Investors have bought and sold Yahoo! stock all along. Had they bought it when the deal to buy Broadcast was announced and sold it 5 years later, they would have tripled their money. Are there Yahoo! investors who have lost money? Sure. That is true for every stock that is traded. Are their investors that made money? Sure, same deal. If one wanted to evaluate the performance of Yahoo! management in 1999 then one way to approach it would be to answer the question, "Given what Yahoo! knew at the time of the acquisition, what would have been a better use for that stock?" I personally can't imagine what that would have been.
- fullshark 10y agoUse it for employee compensation.