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Sep 30, 2014 · Nine years ago, before Yang was CEO of Yahoo, he spent $1 billion of Yahoo's money for 30% of Ma's company.
Jun 21, 2024 · Before Yahoo went public in 1996, it had priced its initial public offering at just $13 a share, but investor enthusiasm was rampant.
Mar 21, 2018 · In July 2016, 22 years after it began as a hobby for Stanford graduate students Jerry Yang and David Filo, Yahoo agreed to sell its core operating business to Verizon in what Forbes writer...
Jul 25, 2016 · In 2005, Yahoo cofounder Jerry Yang pulled off what would be one of the greatest strategic investments in tech history: he arranged for Yahoo to spend $1 billion for a 40% stake in fledgling...
Jul 25, 2016 · February 2008: Months into his tenure, Mr Yang is faced with an unsolicited offer from Microsoft to buy Yahoo for $44.6bn. He argues that the deal undervalues the company and Microsoft walks...
Mar 2, 1998 · But the $35 million of capital that had suddenly flowed into Yahoo! didn't reassure Yang. He recalls feeling "panic--no, not panic, but anxiety." Suddenly, he had shareholders.
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He initially turned down a $40 billion acquisition by Microsoft, was eventually ousted as CEO, and Yahoo!’s long slide continued. It’s hard to assess his legacy: On the one hand, that Microsoft deal would have been far larger than Yahoo!’s eventual sale to Verizon.