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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
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OpenAIĀ ā¢Ā 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
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WHY YAHOO FAILED? Yahoo was started by Terry and David as an internet directory featuring top website. It was a hit, and its growth skyrocketed when Netscape integrated Yahooās directory into its browser. This attracted advertisers, bringing ad re
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