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It seems that revenue-wise, Yahoo is growing from ~$5bn circa 2016 (Mayer times) to ~$8bn now. That is impressive. It is also a bit sad to see the Yahoo buildi
by utopcell 4y ago
It seems that revenue-wise, Yahoo is growing from ~$5bn circa 2016 (Mayer times) to ~$8bn now. That is impressive.
It is also a bit sad to see the Yahoo buildings, which Google bought in 2019, just sitting empty and unutilized.
- matwood 4y agoWhen PE bought Yahoo for $5B I thought it was a great deal for the PE firm [1]. Yahoo is still heavily used, and really just needs competent management. It looks like that's happening, albeit slowly. Not many people may use yahoo search, but all the other properties are used and provide opportunities. [1] https://www.cnbc.com/2021/05/03/verizon-sells-yahoo-and-aol-businesses-to-apollo-for-5-billion.html https://www.cnbc.com/2021/05/03/verizon-sells-yahoo-and-aol-...
- ed25519FUUU 4y agoOne of the good reasons for a recession is that it forces the hand of these large tech companies to stop sitting on huge properties. It’s really a shame.