4 ms·
> unless Yahoo gets mobile right, right now. The people getting mobile right are those making dinky little apps and then selling them for a billion dollars or
by smegel 11y ago
> unless Yahoo gets mobile right, right now.
The people getting mobile right are those making dinky little apps and then selling them for a billion dollars or more.
Yahoo is buying apps and websites for billions of dollars, and it is unclear if it has been able to leverage any of these purchases. It is just making others very, very rich.
Google and Facebook can spend billions on acquisitions, and then use them to enhance their already booming business. But simply enhance, not rescue - Facebook did not buy Instagram because it was on the ropes - it bought it because it complemented its existing killer product, and in hindsight was a bargain. And for Facebook and Google, a billion dollars here and there is a small investment.
Yahoo is trying to dig itself out of a deep hole of irrelevance with all these purchases and acquisitions - and I have not heard of many such success stories. In reality, I think I have heard less of Yahoo in the last couple of years than the years previously, and the ONLY times I have heard of it was either on their latest acquisition or something about Mayer. I mean good luck to them, but time is running out.