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It should be noted that Yahoo owns 20% of Alibaba. With Alibaba announcing its IPO plans earlier this year, yahoo's stake is worth between $13B to $18B. Most of
by npalli 13y ago
It should be noted that Yahoo owns 20% of Alibaba. With Alibaba announcing its IPO plans earlier this year, yahoo's stake is worth between $13B to $18B. Most of the share price increase is because of this. Not because Yahoo's core business has gotten better. Yahoo is worth $31B today. So almost 1/3 to 1/2 of Yahoo's valuation is its stake in Alibaba. In 2008, nobody knew how big Alibaba would get.
- seanmcdirmid 13y agoYahoo recently sold most of their stake in Alibaba so Marisa could go on a shopping spree. Back in 2008, Alibaba was already a big thing and probably had to do with Microsoft wanting it.
- nashequilibrium 13y agoThis is what should scare investors, look at the link below and you realize that Yahoo is a leader in none of their business. Google leads search, Facebook leads social, Twitter realtime news & events etc. http://everything.yahoo.com/ http://everything.yahoo.com/ They have a big bowl of goo right now. I was impressed with Marissa's stats during her Disrupt interview but a few days ago, i took a look at their business and they just have a bunch of mediocre properties with lots of link bait. This is how they getting so many views, a lot of gossip, lifestyle, tv clips. Even in the gossip side, tmz & others beat them there. Dan Loeb is a smart guy, he jumped out at the right time. I like Yahoo and hope they come up with something that they dominate. They destroyed their research departments, which were one of the best in the world and now when the market moves towards more intelligent backends as devices get smaller, they are stuck fighting for weather and gossip market space.
- wj 13y agoThey might be the leader in fantasy sports. Obviously a small portion of overall eyeballs but eyeballs that refresh the site many times a day.