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Verizon buys Yahoo

Discussion in 'BBS Hangout' started by AroundTheWorld, Jul 24, 2016.

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  1. AroundTheWorld

    Supporting Member

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  2. Supermac34

    Supermac34 President, Von Wafer Fan Club

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    Marissa Mayer doesn't end up proving she was a capable CEO...although perhaps nobody could have turned Yahoo! around. Doesn't she get something like $55 million if Yahoo is sold?
     
  3. Invisible Fan

    Invisible Fan Contributing Member

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    I guess Yang should've sold it outright to MS for 44.6 billion buckaroos.

    It's been a long ways since those days where Microsoft was the evil empire. I haven't used Yahoo by choice for 5 or 6 years.

    RIP Yahoo :(
     
  4. donkeypunch

    donkeypunch Contributing Member

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    Adrian Wojornowski is the only reason I visit Yahoo!. He single handedly makes Yahoo! worth 5 billion still.
     
  5. Invisible Fan

    Invisible Fan Contributing Member

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    As a post-mortem, it's interesting to see how Yahoo's choice to become a media company rather than a tech company is either ahead of its time or wayyy behind as print and media giants are getting slowly choked by cord cutters.

    In a way, Verizon is pulling a Comcast while focusing on their perspective strengths... Verizon with wireless media and Comcast with traditional wired media.

    Comcast has the upper hand by far in terms of original content unless Verizon can somehow pull off shows like Netflix...
     
  6. Supermac34

    Supermac34 President, Von Wafer Fan Club

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    I only use Yahoo for fantasy sports. Never visit for any other reason.
     
  7. shastarocket

    shastarocket Contributing Member

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    Maybe to nba fans, but the average user has no idea who woj is.

    Just like AOL, some longtime users prefer yahoo's homepage, email, etc.
     
  8. dharocks

    dharocks Contributing Member

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    So what becomes of the Alibaba shares and Japan holdings?
     
  9. REEKO_HTOWN

    REEKO_HTOWN I'm Rich Biiiiaaatch!

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    That's probably why it sold for $5 billion
     
  10. dharocks

    dharocks Contributing Member

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    The Alibaba stake alone is ~ $30B
     
  11. Invisible Fan

    Invisible Fan Contributing Member

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    That part of Yahoo is still around. Yahoo "core", aka the products we knew and loved is being boxed up and shipped off to Big Red.

    Marissa Meyer is the proud ceo of a hedgefund that lives and dies off one Chinese stock.
     
  12. bnb

    bnb Contributing Member

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    so...roughly $5/share for yahoo as we know it, and the balance of its worth is Ali and other holdings.

    ATW -- isn't this your realm? What do you think?
     
  13. Commodore

    Commodore Contributing Member

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    <blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">A brief Yahoo history:<br>2000: Valued at $125B<br>2008: Microsoft's $44.6B offer rejected<br>2016: Verizon buys for $4.8B<a href="https://t.co/Mhltj6jc0w">https://t.co/Mhltj6jc0w</a></p>&mdash; Elana Zak (@elanazak) <a href="https://twitter.com/elanazak/status/757553862119133184">July 25, 2016</a></blockquote>
    <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
     
  14. asianballa23

    asianballa23 Member

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    wonder anything gonna happen to yahoo email?
     
  15. AroundTheWorld

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    Well, what I think is rather obvious at this point - they should have sold much, much sooner. They were never going to beat Google.
     
  16. Air Langhi

    Air Langhi Contributing Member

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    They are only selling the yahoo portion of the company. The Alibaba and Yahoo japan part is worth close to 40 billion so that graphic is deceiving.
     
  17. TheRealist137

    TheRealist137 Member

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    it is deceiving but your statement is also deceiving. In 2008 Yahoo's stake in Alibaba wasn't worth as much as it is today, so in absolute terms Yahoo the website still lost a whole lot of value.
     

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