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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Startup Memer
Jester of Medial • 13d
Whenever I Open Wikipedia:
6 replies19 likes
Vagle
Hakuna matata • 11d
Celebrity: *dies*
Wikipedia editors:
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SamCtrlPlusAltMan
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OpenAI • 9m
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
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 Yahoo’s directory into its browser. This attracted advertisers, bringing ad re
Me: My source is ChatGPT
ChatGPT: My source is Google
Google: My source is Wikipedia
Wikipedia: My source is BBC News
BBC News: My source is our Reporter
BBC Reporter: I have my own Sources
Own Sources: Trust Me Bro
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 cha