Yahoo Could Regret Not Paying Up For Facebook, Needham Says

Vikingod · Apr 5, 2007, 11:22 AM

Source: Barons
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One of the dark stains on Yahoo’s (YHOO) track record is its decision not to buy Google (GOOG) when it had the chance. Needham’s Mark May today wonders if the company has made a comparable error with its refusal to pay up for Facebook.

As you might recall, there were a flurry of stories late last fall asserting that Yahoo had offered $1 billion for Facebook, but that the deal was turned down. In December, TechCrunch published an internal analysis which showed that Yahoo would have been willing to pay as much as $1.62 billion for the company, but talks broke off after the initial $1 billion offer was rejected, according to various press reports.

GutterPunk · Apr 5, 2007, 11:54 AM

Facebook has turned to be freakin awesome and not creepy like myspace. yahoo woulda ruined it anyways

Apr 5, 2007, 11:22 AM	#1
Vikingod Int'l Fish Liaison Join Date: Jul 2004 Location: By the light of lamp I sit and type... Posts: 16,149 Rep Power: 85 System Specs	Yahoo Could Regret Not Paying Up For Facebook, Needham Says Source: Barons ___________ One of the dark stains on Yahoo’s (YHOO) track record is its decision not to buy Google (GOOG) when it had the chance. Needham’s Mark May today wonders if the company has made a comparable error with its refusal to pay up for Facebook. As you might recall, there were a flurry of stories late last fall asserting that Yahoo had offered $1 billion for Facebook, but that the deal was turned down. In December, TechCrunch published an internal analysis which showed that Yahoo would have been willing to pay as much as $1.62 billion for the company, but talks broke off after the initial $1 billion offer was rejected, according to various press reports. __________________ *How You Can Help DriverHeaven By Using Digg*

Apr 5, 2007, 11:54 AM	#2
GutterPunk I = Greatest Dood Join Date: Nov 2003 Location: Nebraska Posts: 5,945 Rep Power: 54	Facebook has turned to be freakin awesome and not creepy like myspace. yahoo woulda ruined it anyways __________________ Rock On \m/ Thank you Mousey for the Sig! --------------- Intel Core2Duo E6660 (3.4GHZ) ~ Tuniq Tower 120 ~ Enermax Galaxy 1000W ~ Corsair Dominator @ 1090MHZ 5-5-5-15 (OCZ XTC Modded Cooler)~ EVGA 8800GTX W/ HR-03 Plus 120MM ~ Asus DVD-RW LiteScribe ~ LG DVD-RW ~ Corsair Voyager 2GB ReadyBoost Drive ~ Vantec Nexus Fan Controller ~ ThermalTake Armor 25CM fan ~ Personal Finance Blog: Dent Your Debt