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Given Yahoo's stake in Alibaba that Jerry brokered for getting out of the China market, Yahoo's valuation actually eclipsed that $35B MSFT was going to offer ($
by ec109685 3y ago
Given Yahoo's stake in Alibaba that Jerry brokered for getting out of the China market, Yahoo's valuation actually eclipsed that $35B MSFT was going to offer ($80B): https://www.forbes.com/sites/briansolomon/2016/07/25/yahoo-verizon-sold-alibaba-jerry-yang/?sh=7f7a43b5671a https://www.forbes.com/sites/briansolomon/2016/07/25/yahoo-v...
"The deal for Alibaba was expensive and risky at the time, but ended up as the most lucrative bet in Silicon Valley: at today's prices, that stake would be worth more than $80 billion. Normally, such a success would preserve a company for years, but on Monday morning Yahoo announced that it would sell its operating business—the web properties without Alibaba and other investments—to Verizon for less than $5 billion, pennies on the dollar it would have commanded at its peak 15 years ago."