Ten Billion Dollars – POOF!
April 27th, 2009
It’s so hard to say goodbye to yesterday…. Like Boyz II Men, Yahoo can look back at the last 90’s and wonder ‘What Happened?” In a 2 month span, Yahoo went on a spending spree that accounted for nearly $10Billion in cash or stock outlay. The largest ‘investments’? Broadband.com (somewhere, Mark Cuban is STILL doing this) and GeoCities.com. Last week GeoCities followed the lead of Broadband and was laid to rest. Like many others, I built my first personal web site there so it’s a little sad to see them go…
