I agree it was stupid for Yahoo to not go to Microsoft at the time. Maybe Microsoft and Yahoo search and ads would be stronger today. Pushing against Google and

I agree it was stupid for Yahoo to not go to Microsoft at the time. Maybe Microsoft and Yahoo search and ads would be stronger today. Pushing against Google and FB more. But it doesn’t appear bad enough for a valid lawsuit considering Yahoo got more than $45B back since 2008. Yahoo sold half of the Alibaba stake for $8B and $40B in 2012 and 2019. Yahoo Japan stake for $4B in 2019. And Yahoo itself for $4-5B around that time. Of course the people who would have taken Microsoft stock would’ve made a lot if they held on through 2013, 2014. Microsoft stock was 10x less in 2008 and rose 50% before the end of 2014. The shareholders who would’ve taken cash wouldn’t have been better off without knowing how that cash would be used.