[0]: http://www.wsj.com/public/resources/documents/yahoopresentat...
[0]: http://www.wsj.com/public/resources/documents/yahoopresentat...
Here's a question: all these big old companies are in the market for startups that they can buy to fix their business. Why not buy the big old company instead, build the product there, and keep more of the value generated? I think we'll see much more of this over the next few years: PE going after old guard tech cos like yahoo (or amd) OR going after old guard non-tech and automating everything.
with that money they can buy whatever premium content they want, give it free, and get more money back in ads. they can became the broadcast behemoth of the streaming era or whatever. (fun fact, they paid billions for broadcast.com)
yeah, the company will probably burn that money and achieve nothing... but well, sell your shares for something else you believe then.