Here's a short saga that has a message for you if you can find it. You can ignore the size of the dollars involved if it makes it more realistic for you but they are important..
In 1998, Yahoo tried to buy Google but refused to pay the $1 million dollar price they were demanding.
In 2002, Yahoo again tried to by Google - for $3 billion dollars. Alphabet, Google's parent, said no way, we want $5 billion dollars. Yahoo refused.
Google today is worth about $2.1 trillion dollars.
Yahoo's value in 2002 rose to about $100 billion dollars.
In 2008, Yahoo refused to allow Microsoft to buy them for $40 billion dollars.
In 2016, Yahoo sold to Verizon for $4.6 billion dollars.
In 2024, Yahoo has an estimated valuation of $68 billion dollars.
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1 comment:
That’s amazing!
-Amy
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