Re:Mozilla could walk away from Yahoo deal and get more than...
by drumdance on Thursday July 07, 2016 @06:09PM
(#12052389)
Back in the nineties Excite did a similar deal with Netscape. Not a billion dollars but it was something like $70 million when Excite only had a fraction of that in the bank.
It worked for them in the short term. The traffic enabled them to raise more money and eventually IPO.
Mayer probably thought a similar shoot-the-moon risk was necessary for Yahoo.
It worked for them in the short term. The traffic enabled them to raise more money and eventually IPO.
Mayer probably thought a similar shoot-the-moon risk was necessary for Yahoo.