This story is unbelievable. I just can't even. Read every word of it.
Yahoo! was in the news this week because of Marissa Mayer's departure and the name change to Altaba, but I was interested to see how bad things had really gotten there. It's been a tough couple of years.
This is a fantastic overview of what went into the decision to buy a business.
I think another way of saying all of this is to say that SaaS is a better value for customers and cash flow is positioning itself as a reason to invest.
My financial advisor shared this link with me when I explained that I wasn't maxing out my IRA contribution this year because I wanted to put that money into an acquisition instead. It sounds "irresponsible" at first until you do the math: my IRA will have a nice return in 20 years, but this business will double my money in 4, so yeah...he gets it.
An article I wrote this week. Enjoy!