×

Subscribe Today

Get our free articles delivered directly to your email!

Continue reading

Focus Article: Yahoo! Inc. (YHOO)

  • July 31, 2012

Yahoo! Inc. (YHOO) $16.11

The Company:

Founded by Jerry Yang and David Filo in January 1994, Yahoo! was once the most visited website in the world. The word “yahoo” is an acronym for “Yet Another Hierarchical Officious Oracle”, referring to the site’s aggregation and search roots. In an ironic twist of fate, Yahoo! tried to buy Excite for $5.5 billion to $6 billion in the late 90s, but Excite instead agreed to get acquired by @Home Networks. Excite turned down an offer to buy Google for $1 million and then a revised $750,000 in 1999. Excite eventually went bankrupt, Google has a market cap of $207 billion and Yahoo! is worth one-tenth Google’s market valuation.

Please subscribe for free or login to your InsideArbitrage account to access this article.