2 ms·
Big-time survivorship bias in this article and thread. Just yesterday we learned that Verizon is dumping Yahoo and the related media brands. Those acquisitions
by peder 5y ago
Big-time survivorship bias in this article and thread. Just yesterday we learned that Verizon is dumping Yahoo and the related media brands. Those acquisitions were a major failure.
The reason that Big Tech got so big is that they're really really good at growing their high-margin core business and have a ton of free cash flow. That's really all it is.
- georgeecollins 5y agoYou are right to point out the issue of survivorship bias, but that doesn't tell the whole story either. Google without Doubleclick and YouTube would be a different animal. Facebook without WhatsApp and Instagram as well. You can't deny the impact of those acquisitions.