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Verizon Sells AOL and Yahoo to Apollo for $5B

nytimes.com

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Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#181
post #165

Earlier quoted context omitted.

Yahoo Finance is so good that when I'm trying to find information about a company, I'll type the company's name into Google, do a bit of reading, then... go over to Yahoo Finance and manually type it in again to look at their stock performance. It says something that someone as lazy as myself will actually hop out of Google's flow and perform a manual step to go Yahoo Finance.

You go there to look at charts? That's what Trading View is for.

What's "Trading View"?

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#183

Earlier quoted context omitted.

Venture Capital firms love to use throw debt at an asset so that they can have a cash windfall. The result is that the assets can never pay off the debt and end up declaring bankruptcy. See K-Mart, Sears, Toys R' Us, and anything that a vulture capitalist touches.

Your view of how LBOs work is really misinformed. You picked 3 famous PE deals that failed, but those are exceptions. Apollo alone has done 150 private equity transactions, the vast majority of which have been tremendously successful otherwise investors would not be giving them more money to continue to invest.

Successful from the point of the PE firm is not the same as successful from the point of view of the acquired company

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#184

Earlier quoted context omitted.

Do you have their annual statements? I could not find any beyond the 2017 sec filing. Yahoo has been only marginally profitable for many years now. I don't see any future cashflows, incomes, dividends or even any plan for foray into new business areas. For all intents and purposes, it's a dead company.

Yahoo is the 8th most visited property in the world [1] and still brings in billions in revenue. Pretty good for a "dead" entity. [1] https://www.visualcapitalist.com/the-50-most-visited-website...

As per your link, Yahoo has about 4 Billion monthly visitors.

Average Click-Through-Rate for web ads is about 0.5%.

That translates to about 20 million ad clicks per month.

Average Cost-Per-Click is about 0.5 USD, meaning Yahoo earns about 10 Million dollars from ad clicks.

Lets triple it, considering exclusive deals, ad deals, etc. So thats 30 M USD per month, or about 360 M USD per year.

Still is it worth about 5 B USD?

Also note that this is current rates. Internet is a finicky business where if you drop off the radar of the most active users, you will lose revenue very quick.

So the risk adjustment factors for companies like Yahoo will likely be very high.

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#185

Earlier quoted context omitted.

I'm surprised Twitter hasn't been interested in Yahoo Finance and Yahoo sports apps. The onboarding into Twitter, integration with tweets would be worth billions. A lot of "regular people" use those apps, and Twitter investors are looking for the user growth. Also, if Twitter is going to become a platform for interests/topics, it would be good to have a couple of standalone apps on some core topics.

My off the wall suggestion would be for Coinbase to acquire them. They certainly have enough firepower to do a stock acquisition. The Yahoo Finance portal would run as a subsidized loss leader to on-ramp new customers into crypto investing. Setting up the portal to put crypto assets on the same footing as traditional assets would do a lot to appeal to older or more conservative investors who view crypto as "magic Int…

I use fin.yahoo quite a bit and if this were to occur I would quit using it full stop.

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#186
post #10

Earlier quoted context omitted.

AOL has adtech advertisers setup with some large customer base probably 3rd or 4th to Google/Facebook. It also owns publishers like HuffPost, TechCrunch etc.

HuffPost was sold to Business Insider in 2020. https://www.huffpost.com/entry/buzzfeed-to-acquire-huffpost_...

Aah..my bad..I missed that..but that was vision(advertising + publishing) of AOL CEO Tim Armstrong..he was almost successful until Verizon acquisition and later Yahoo merger.

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#187

Earlier quoted context omitted.

I thought trending feed was based on metrics

Probably, yes. Also, it is very likely that any posts/trends that are not "desirable" are prevented manually from entering the trending feed as well.

Hence the finger on the scales. It would be naive to think Twitter doesn't have shills that troll here to downvote anti-twitter posts such as the one above.

edit: lol case in point. I once tried twitter advertising and it was the worst ad spend ever.

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#188
post #89

A headline with 5G but not a single mention of it in the article. If any insider from Verizon may be could help explain why their insistence on mmWave 5G for Phones. ( And Phone only, not fixed Wireless internet access ) It doesn't make sense to me when the spec (3GPP) were announced, doesn't make sense when Verizon actually announced it, and still doesn't make any sense when they are now up and running. Both from a…

Each G is supposed to be 10x faster and it needs to be at least 2x for customers to care and sub-6 just can't deliver that.

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#189
post #10

Earlier quoted context omitted.

AOL has adtech advertisers setup with some large customer base probably 3rd or 4th to Google/Facebook. It also owns publishers like HuffPost, TechCrunch etc.

I think Verizon Media is 5th after the big two, Amazon, Microsoft. Unless LinkedIn is separate from Microsoft.

Amazon is smaller than Verizon Media in this space. Microsoft and Verizon Media are not independent - Microsoft handles Verizon's search ads, Verizon handles ads on other Microsoft properties: https://about.ads.microsoft.com/en-us/solutions/ad-products/...

That said, single market players like TheTradeDesk or Xandr are larger in their own markets than verizon media, but probably not compared to the combined publisher and advertiser business: https://www.atlantic.net/vps-hosting/top-10-dsp-providers/

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#190
post #13

This was never in doubt. Everyone knew this was going to happen. Are non tech companies really that foolish to think they can salvage a brand that was relevant 10 years ago and revive it? I have a feeling this is some kind of tax avoidance scheme. Knowing nothing about taxes and accounting I will let knowledgeable people correct me.

Ahh.. retrospect prophets, the scarcest HN resource.
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