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My circles have had voca l bearish views on Twitter longer than their bearish views on Yahoo. But the bear view of Yahoo started before the Twitter IPO. Both a
by edoceo 10y ago
My circles have had voca l bearish views on Twitter longer than their bearish views on Yahoo. But the bear view of Yahoo started before the Twitter IPO.
Both are in a tight spot. T is just more recently "high-flying" than Y.
- ghaff 10y agoThe big difference is that Yahoo makes money. The disappointment with them is more in the vein of they coulda, woulda, shoulda been Google or whatever and they're not and never will be through various iterations of high profile execs. But with some exceptions (such as Flickr, maybe Finance), not that many would really care if Yahoo shut down next month. Twitter, on the other hand, operates infrastructure that a lot of people care about but can't make money and seemingly has no plan for how to change that.
- Natsu 10y agoDon't they have a negative net-worth after you take out the Alibaba stake? And I think they were trying to split off that part of the company.
- praneshp 10y agoThey don't (as evidenced by the non-Alibaba part being sold for 4.8b).
- throwaway_exer 10y agoNo sale yet, and 4.8b is now a mere dream.
- lmm 10y agoThey did if you assumed the IRS was going to approve a tax-free spin-out of the Alibaba stake (and at the price Alibaba was trading at at the time). As it transpired the IRS did not approve such a spin-out and Alibaba's price has dropped post-IPO.