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No. The Alibaba and Yahoo Japan stakes would have paid for the entire purchase while still having benefits and then some. Yahoo sold $8B of Alibaba in 2012 and
by skinnymuch 6y ago
No. The Alibaba and Yahoo Japan stakes would have paid for the entire purchase while still having benefits and then some. Yahoo sold $8B of Alibaba in 2012 and $40B of the remaining in 2019. They sold Yahoo Japan shares for $4B. Microsoft would have had no need to sell the 2012 stake at the time. They could have possibly doubled their money.
- ec109685 6y agoYahoo didn’t need to sell 8B of Alibaba. They renegotiated with Alibaba some to avoid them splintering off assets to avoid Yahoo owning 30% of them.
- skinnymuch 6y agoI’m aware. But not fully of all contexts. Why did SoftBank sell far less? Why would a behemoth well run company like Microsoft fare the same as Yahoo vs Alibaba? In parallel, why has Naspers never faced this issue?