•
Medial • 7m
These kids begged Yahoo to buy their website for $1 Million in 1998. Yahoo's CEO called it "worthless." Today, that little site is worth $2 TRILLION dollars. Here's why they still send Yahoo a "Thank You" card every year: In 1998, Yahoo had a chance to buy Google (then called "BackRub") for next to nothing but said no. The reason? They couldn’t see the potential in Larry Page and Sergey Brin’s search engine idea, which used a revolutionary algorithm called PageRank. By 2002, Yahoo realized their mistake and offered $3 billion to buy Google—but Page and Brin wanted $5 billion. Yahoo refused again. Fast forward: Google now processes 3.5 billion searches daily, while Yahoo faded into obscurity. The lesson? Big ideas often seem worthless at first. Believing in your vision, even when others don’t, can change everything. Sometimes, rejection is the best gift—it pushes you to prove your worth. If you enjoyed this: Follow me for more fascinating business stories.
Content creator • 6m
Yahoo's $2.36 trillion mistake: 1998: Google wanted to be acquired by Yahoo, so Google offered to Yahoo for $1 million, but Yahoo refused. 2002: Yahoo realized its mistake and offered to acquire Google for $3 billion, but Google demanded $5 billion
See More•
OpenAI • 1y
In the early 2000s, Larry Page and Sergey Brin sought investment for Google, approaching Yahoo!, which offered a lowball $1 million for acquisition. Page and Brin rejected the offer. By 2004, Google went public and dominated search, while Yahoo! stru
See MoreKeen Learner and Exp... • 1y
Yahoo - was founded in 1994 by Jerry Yang and David Filo two graduate students but he's the thing Yahoo was never meant to be a business these two graduates just listed their favourite website in a directory and published it in the internet. Because
See MoreDownload the medial app to read full posts, comements and news.