Yahoo’s History And The Alibaba Arbitrage Opportunity

Yahoo (YHOO) is one of the most criticized technology companies in the world. It is frequently seen as a step behind Apple and Google, and the haphazard growth in advertising dollars across its journalistic platforms (coupled with a non-intuitive interface) make the company an easy target for ridicule on the CNBC circuit.

While I agree that Yahoo is not a company I would put on my list of “100 Companies To Buy And Then Take A 50 Year Nap”, there are nevertheless many peripheral factors that make Yahoo far more intriguing than a superficial glance at the commentary or the news site would reveal.

David Filo and Jerry Yang hung out at student centers, bars, and coffee shops in the early 1990s while graduate students at Stanford, trying to figure out a way to get news stories and word searches to people across the United States in a more convenient … Read the rest of this article!