Yahoo Shares Top $31, The Price Microsoft Offered In 2008
forbes.com
forbes.com
Back in 2008, Alibaba was already a big thing and probably had to do with Microsoft wanting it.
They have a big bowl of goo right now. I was impressed with Marissa's stats during her Disrupt interview but a few days ago, i took a look at their business and they just have a bunch of mediocre properties with lots of link bait. This is how they getting so many views, a lot of gossip, lifestyle, tv clips. Even in the gossip side, tmz & others beat them there. Dan Loeb is a smart guy, he jumped out at the right time. I like Yahoo and hope they come up with something that they dominate. They destroyed their research departments, which were one of the best in the world and now when the market moves towards more intelligent backends as devices get smaller, they are stuck fighting for weather and gossip market space.
I don't know if it was the right thing for either party, but that's what happened.
It's at around 1,700 today -- actually, a record high.
Of course, it reached as low as 700 to 800 in March 2009.
"Priceline.com became the first company listed in the S&P 500 to trade at $1,000 in the index’s 56-year history."
http://blogs.wsj.com/moneybeat/2013/09/18/on-a-day-of-record...
Inflation does not require quantitative easing.
Though, at least they've had better results than the MSFT investors.
i really believe in what melissa meyer's doing for the company, though i dont see them in the same vein as google, more so an online media company, not in terms of a true innovator which is fine because if you get that right, there's plenty of money to be made, buy!
Despite all the effort it doesn't really feel like Bing Ads is on the map compared to Adwords.
http://en.wikipedia.org/wiki/Yahoo!_Search
Apparently Yahoo is the "2nd largest search directory on the web by query volume, at 6.42%, after its competitor Google at 85.35% and before Baidu at 3.67%".
- First of all, wow, what a landslide! - Secondly, Yahoo still has a pretty big slice of that pie relative to everyone else. - Super surprising that Google owns 85% of the search market, yet is still behind Yahoo on traffic :/
You asked about international: the (mostly independent) Yahoo Japan is huge and always has been; my wife and many of her friends use it as their homepage.
A lot of those people haven't had any good reason to switch to anything else, so that's what they use. This tracks with the way people choose offline brands like toothpaste and such -- once people get used to buying a brand, most of them tend to stick with it until they have a clear reason to change.
That's actually why the transition to mobile is so crucial for them -- those people still want to keep up with sports and weather and everything else on their phones, but they're more likely to use an app than a website. If Yahoo loses their userbase in the transition to mobile, those users are probably never coming back.
The point I was making: large tech companies have different rules, they behave more like Exxon and PG then a recently IPO-ed Google or Microsoft.
Surprising, if true. I am interested in knowing more. Do you have some good links?
And not wanting to sorta admit defeat. That's why companies have boards, to do what is best for shareholders not for founders still thinking they got it. Yahoo's loss = Microsoft's gain.
The price goes back and forth, but right now I don't see yahoo leading anything, maybe just online answers. So it's part Marissa euphoria and part Alibaba stake.