From the 1997 letter that's included at the bottom:
> We established long-term relationships with many important strategic partners, including America Online, Yahoo!, Excite, Netscape, GeoCities, AltaVista, @Home, and Prodigy.
That takes me back.
> We established long-term relationships with many important strategic partners, including America Online, Yahoo!, Excite, Netscape, GeoCities, AltaVista, @Home, and Prodigy.
That takes me back.
I'd probably read a biography of the company out of curiosity.
For example they have worth ~40B in Asian stock.
That's not a long term sustainable business though, as the non-tech savvy oldsters in the population get replaced by youngsters that mainly use mobile devices and apps anyway. I think Cringeley has a point. Yahoo should slim down and use it's remaining financial weight to turn itself into a tech industry specialised version of Berkshire Hathaway. Copy Google's corporate structure and hive off the portal into a subsidiary of a holding company that focuses on managing investments.
They need to massively cut costs and write down a lot of their value. Their portal with all their services could easily be a cashflow-positive sustainable business. But because they were once big they're not willing to do what it takes to be sustainable now that they're small; instead they're selling off all the good bits to fund wasteful moonshots.
http://returnonnow.com/internet-marketing-resources/2015-sea...