HipMojo.com http://watchmojo.com/web/blog Covering Online Video, Web, Search, Investing, Technology, Strategy, Investing, M&A, Financing, VCs Sun, 22 Nov 2009 13:53:08 +0000 http://wordpress.org/?v=2.1.3 en Yahoo RIP: 1994 - 2008 http://watchmojo.com/web/blog/index.php/2008/06/12/yahoo-rip-1994-2008/ http://watchmojo.com/web/blog/index.php/2008/06/12/yahoo-rip-1994-2008/#comments Thu, 12 Jun 2008 19:20:08 +0000 Ashkan Karbasfrooshan Yahoo! http://watchmojo.com/web/blog/index.php/2008/06/12/yahoo-rip-1994-2008/ Last week I sold the last 5% of the stock I was holding in YHOO… because by then I’d lost all faith in YHOO management and their board.

Today officially marks the death of Yahoo!

MSFT officially walks away from YHOO.  YHOO is about to announce a deal with GOOG.  GOOG first got the upper hand when YHOO struck the search deal with GOOG back in the early 2000s, and this deal will hammer in the final nail in the YHOO coffin.

Who knew that a company with so many assets and traction online could find itself in such a precarious situation.

This will rank up there with the most disastrous management case studies ever: not quite Enron or Arthur Andersen… but not far from those, either.

]]> http://watchmojo.com/web/blog/index.php/2008/06/12/yahoo-rip-1994-2008/feed/