"Henry Singleton has the best operating and capital deployment record in American business. If one took the hundred top business school graduates and made a composite of their triumphs, their record would not be as good as Singleton's."
A lot of these mega mergers over time don't prove valuable. I remember I first started covering media in the year 2000. That was the year that AOL acquired and ate Time Warner. And it was disastrous for both halves of that.
It's basically impossible to sum up Yahoo's story over the last 25 years, but the short version is that once upon a time, Yahoo paid Google to run the search box on its website, and everything immediately went sideways.
6mo ago
Underscored — save the words that stop you in your tracks.
