Video by The Tech Archived · Watch on YouTube ↗
About this video
Yahoo was once the internet. At its peak, it was worth $125 billion, it was where people went to find everything, and it had the chance to buy Google for just $1 million. It turned that offer down. What followed was one of the most studied corporate declines in the history of the internet, a story of missed acquisitions, rejected buyouts, and a fundamental misunderstanding of what the web was actually becoming. This video breaks down how Yahoo went from ruling the internet to selling its core business for $4.8 billion, less than a tenth of what Microsoft once offered to pay for it.
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