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I can't help but think about the Microsoft buyout offer back in 2008. From a $44 billion dollar offer to an offer 1/10th the value 9 years later. [1] https://
by redm 9y ago
I can't help but think about the Microsoft buyout offer back in 2008. From a $44 billion dollar offer to an offer 1/10th the value 9 years later.
[1] https://techcrunch.com/2008/02/01/wow-microsoft-offers-446-billion-to-acquire-yahoo/ https://techcrunch.com/2008/02/01/wow-microsoft-offers-446-b...
- gcb0 9y agoyou are comparing an offer for a car vs an offer for 4 tires.
- Steko 9y agoThe 15% of Alibaba and 35% of Yahoo Japan that Yahoo owned are not part of the $4.5B sale price and are worth something like $40B.
- skinnymuch 9y agoJerry Yang, the most competent higher up at Yahoo for the past decade and a half, is the one who said no to the buy out. And rightfully so. The Alibaba and Yahoo Japan stakes would be worth over $80B today. Unfortunately the board and some activist investors first kicked Jerry out and then continued on with selling almost half of the Alibaba stake.