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Just because Yahoo spent $3.65 billion on this acquisition 10 years ago, and now they are shutting down the service, does not mean that the $3.65 billion was wa
by brown9-2 17y ago
Just because Yahoo spent $3.65 billion on this acquisition 10 years ago, and now they are shutting down the service, does not mean that the $3.65 billion was wasted.
The article makes no mention of technology, users, services, etc, that may have been integrated into Yahoo from Geocities - which certainly would not be a waste.
Just because they are now terminating the original service does not mean that the acquisition was a waste.
- pg 17y agoThey got one of the most important things they wanted from Geocities, which was to remain the #1 (= most unique visitors) web site. That counted for a lot back then. Competitors like Lycos were pulling all kinds of tricks to jack up visitor numbers, like getting the NFL to put the Super Bowl web site at superbowl.lycos.com. One could argue that Yahoo overpaid to remain #1, but it was worth something. That was practically the only thing Yahoo got from Geocities though.