A web portal and media company.
Yahoo passed on Google for $1 million, then $10 million, and ran a homepage of 183 links against Google's two buttons. Its 2000 deal doubled Google's searches to 14 million a day. It later walked away from Facebook and Microsoft's $47 billion bid, with four CEOs in about 2.5 years. Lesson: simplicity and stable leadership beat sprawl, and turning down strategic deals can be costly.
Acquired · Google Part I: Origins of Search. How the Best Business in Human History HappenedAcquired · MetaAcquired · Microsoft Volume II: The Complete History and Strategy of the Ballmer Years
David Senra · Jun 7Its EVPs fought to the death and hid information, and it had four CEOs in about two and a half years. Söderström uses it as the example of a functional org dissolving into politics without trust.
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App Masters · May 26Cited as monetizing through banner ads, a low-friction option for non-game apps that are not content-heavy.
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Acquired · Jun 29Turned down PageRank for $1 million, and its June 2000 deal invested $10 million and doubled Google's searches to 14 million a day. It paid Google $7.2 million in 2001 and later bought Overture for $1.6 billion.
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Lenny's Podcast · Dec 8Its homepage had 183 links against Google's two buttons. Yahoo had the chance to buy Google for $10 million while Godin worked there.
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Acquired · Oct 27Offered $1 billion in stock in 2006. Its stock fell 20%, cutting the offer to about $800 million, and Zuckerberg walked away.
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Acquired · Jul 21Microsoft bid up to $47 billion in 2008, which meant about $15 billion for 15% of search after counting the Yahoo Japan and Alibaba stakes. The deal collapsed over distrust at a Boeing Field meeting. A later search deal gave Yahoo 88% of revenue for five years.
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