In 2015 Verizon purchased AOL for about $4.4 billion whereas AOL was below Tim Armstrong’s management. Then in 2016, Verizon bought Yahoo for about $4.83 billion whereas Yahoo was below Marissa Mayer’s management. Now, in 2021, Verizon is selling 90% of each corporations to a personal fairness agency for a complete of $5 billion.
Sure, two former Google executives, Tim Armstrong and Marissa Mayer ran two historic web corporations into their demise, they usually in the end had been offered off for a fraction of what they had been price simply a number of years in the past. Did Google place them in these corporations? Possibly that could be a dangerous joke…
The excellent news, Yahoo will not go below the identify Oath anymore. Looks as if the brand new proprietor will use Yahoo for the identify of the corporate.
We misplaced the Yahoo Directory, we misplaced Yahoo Answers – possibly this new proprietor will revitalize these properties? Possibly the previous American On-line CDs will change into classic NFTs they usually can monetize them that manner?
Simply wow – what a chunk of web historical past.
Discussion board dialogue at WebmasterWorld.