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>For example, Facebook had an offer from Yahoo for a billion dollars, which everyone told Zuck to take. Fortunately, he said no. Had he said yes, it would have
by baxtr 9y ago
>For example, Facebook had an offer from Yahoo for a billion dollars, which everyone told Zuck to take. Fortunately, he said no. Had he said yes, it would have been another failed Yahoo acquisition and Facebook would not have nearly as much impact.
Really? How can you know what the path of Facebook would have been with a yahoo acquisition? That's like predicting the future.
Besides, what is the real "impact" of Facebook? Which impact are we talking about? To the shareholder? To society? If he refers to the latter, I can think of no way to measure the "impact".
- neilk 9y agoYahoo screwed up literally every acquisition in the social space that they made. After Google spanked them in search, generally they had ideas of somehow pivoting to social media, but they never executed. They had all the good fledgling social products, but wanted them to operate like media aggregation portals (the strategy that had always worked for them). Some people within Yahoo did see the shift that was coming, but their plans all got lost in corporate politics and architecture astronautery. Source: worked for acquired social startups within Yahoo around the same time.