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I found this gem in the source for the $70bn loss figure: By the way, the chance of AOL buying Yahoo is next to never. It is kind of ironic given the Verizon
by uiri 9y ago
I found this gem in the source for the $70bn loss figure:
By the way, the chance of AOL buying Yahoo is next to never.
It is kind of ironic given the Verizon deal which merged it with AOL.
https://dealbook.nytimes.com/2010/12/13/a-key-figure-in-the-future-of-yahoo/ https://dealbook.nytimes.com/2010/12/13/a-key-figure-in-the-...
The $70bn appears to have been in the value of SoftBank stock he held during the crash. I'm not sure when SoftBank IPO'd but if it was after the crash then it truly is paper losses. Otherwise, he had the opportunity to cash out.