Yahoo! Says In Hindsight They Should've Bought Netflix Instead Of Tumblr. NOBODY Has …

Gather ’round, Children. Let me take you back to a time long ago. It’s the dawn of the internet. The economy is booming as we enter a golden age of dot com bubble and a little company with silly name and fun jingle are a tech GIANT. Yahoo! was on top of the world. The company went public in 1996 and was valued at $896MJust two years later in 1998 Yahoo! was valued at $40B!!!That was the last time Yahoo! did anything good because in that same year Yahoo! had an opportunity to buy the new search engine kid on the block. Another company with a silly name. A company called “google”. The asking price…$1M. A million bucks. Yahoo could’ve had Google for the price of a 4th line winger. Yahoo said thanks but no thanks. The dot-com bubble bursts and Yahoo saw it’s valuation go from $125B at it’s peak to $10B by 2002. Once again, Yahoo had a chance to buy Google. Yahoo originally turned down an offer for $1B, but after realizing their mistake they went back to Google. Google decided to raise their price to $3B. Yahoo said no. Google is worth about $860B today.Microsoft tried to buy
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