In 2000, Yahoo was worth $125 billion. In 2008, it rejected a $44 billion buyout from Microsoft. And today it sold to Verizon for $4.83 billion. The lesson here is, if you won the last computing platform and are on the cusp of the next one you’re not built for, you might want to sell the company.
Mobile fell on an unsuspecting Yahoo like a piano on a cartoon villain. It was a web portal. Read More