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THE RISE AND FALL OF #YAHOO, $125B Tech Giant That Crashed to $2B
Once upon a time, Yahoo was the king of the internet.
Valued at $125 billion in 2000, it had everything, Yahoo Mail, Yahoo Search, Yahoo News, Yahoo Messenger, and more.
But leadership failures and bad decisions destroyed it. Here’s how:
Biggest Mistakes:
1. Rejected Google
Google offered to sell for $1M in 1998, then again for $5B in 2002.
Yahoo said NO.
(Google is now worth $2+ trillion)
2. Rejected Facebook
Offered $1B to buy Facebook in 2006, then reduced it to $850M.
Zuckerberg backed out.
(Facebook is now worth $1 trillion)
3. Bought Tumblr for $1.1B, sold for $3M
Total flop. Mismanaged it, and lost the users.
4. Said NO to Microsoft’s $44.6B buyout offer in 2008
9 years later, they sold to Verizon for just $4.48B.
5. Massive Data Breach (3 billion users hacked)
They hid it for years. Trust was gone.
Today Yahoo is Owned by a private equity firm.
Currently valued Around $1–2B.
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