Tech $ losses. Yahoo fading internet star

Pennies on the dollar

Bad investment
Never was worth much
Animal spirits

A story from AP Mobile:

Yahoo’s evolution from rising to fading internet star


Stanford University computer graduate students Jerry Yang and David Filo begin compiling “David’s and Jerry’s Guide to the World Wide Web” in a trailer on campus.

Within a few months, they change the name to “Yet Another Hierarchical Officious Oracle,” which is abbreviated to Yahoo.


Yahoo incorporates as a company, raises its first $1 million in venture capital and hires Tim Koogle as…

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