The internet bust of 2000 damaged Yahoo for years to come and from which they never recovered. The primary damage was psychological. Investors lost faith in te

The internet bust of 2000 damaged Yahoo for years to come and from which they never recovered. The primary damage was psychological. Investors lost faith in technology so after 2000 tech companies scrambled to reinvent themselves as "not tech" companies. Yahoo was one of the worst examples, hiring CEOs that tried to turn it into a media company. Yahoo's technology investment suffered and they had no technology strategy for too long.