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And the Alibaba stage was bigger back then. It's sad Yahoo chose to throw in the towel and spin itself off as an internet company rather than use the Alibaba s
by nashashmi 9y ago
And the Alibaba stage was bigger back then.
It's sad Yahoo chose to throw in the towel and spin itself off as an internet company rather than use the Alibaba stake to resuscitate.
- cobookman 9y agoI don't think they had a choice. I think Marissa tried her hardest to save the company. after some amount of time activist investors started to get in the way, and push an Alibaba sale.
- praneshp 9y agoI'm not Marissa's biggest fan (and have made a few comments here against her), but the spinoff was not her first choice. In fact, there was an original plan that would have spun off Alibaba and a small part of Yahoo (Yahoo Small Business, I think) and kept the core business going. Activist investors weren't very receiving of that idea though. Source: I was at Yahoo back then.
- stale2002 9y agoEhh, no point in throwing good money after bad. A business is a business, and if you lose it makes sense to admit it.
- lenley 9y agoJerry Yang made a magnificent bet... one of the best investments ever in Alibaba. I don't think he's received enough credit even as Yahoo has been wound down.