When I last heard, Yahoo seemed to have a net value of less than zero (http://www.bloombergview.com/articles/2014-03-17/is-yahoo-s-business-worth-less-than-noth

When I last heard, Yahoo seemed to have a net value of less than zero (http://www.bloombergview.com/articles/2014-03-17/is-yahoo-s-business-worth-less-than-nothing http://www.bloombergview.com/articles/2014-03-17/is-yahoo-s-... ), once you exclude their minority stakes in alibaba and Yahoo Japan. That could just be investors / analysts being stupid (either the ones valuing alibaba too highly, or valuing Yahoo too low). But Yahoo doesn't make a ton of money off its core business. It's still quite possible for them to turn it around. They are really very good at what they, and they have the eyeballs.