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Those investors were most likely paying your friend's salary. Also, don't forget the massive data breaches Yahoo! has had. They are a huge net negative on the i
by malvosenior 8y ago
Those investors were most likely paying your friend's salary. Also, don't forget the massive data breaches Yahoo! has had. They are a huge net negative on the internet.
- gerbilly 8y agoThe advertising revenue was likely paying my friend's salary. The investor's make money off of Yahoo (or lose) because they had enough money lying around to buy a stock or mutual fund.
- malvosenior 8y agoIt depends. Companies raise money to scale operations. Without the IPO and earlier venture capitalists, Yahoo! wouldn't even exist.
- gerbilly 8y agoWithout the workers, Yahoo wouldn't exist. In fact workers can form and grow a company alone, but passive investors can't.
- malvosenior 8y agoYahoo! didn't grow the company alone though, they used investors. Getting a return on investment is the entire reason a company exists, otherwise it's a non-profit.