Ask HN: Why did the other portals (Excite, Lycos, etc.) totally fail?
There were a bunch of other portals. Most notably Excite and Lycos. They were worth billions of dollars. Now they're gone. Yahoo reigns supreme. Why?
There were a bunch of other portals. Most notably Excite and Lycos. They were worth billions of dollars. Now they're gone. Yahoo reigns supreme. Why?
Comments
Their Alibaba investment is going to net them 20 - 30 billion. Basically what the entire Yahoo market cap is currently worth. So, in essense, investors are valuing Yahoo itself at $0.