This could be a steal IF Apollo can fix the management and leadership issues at both companies. There's a real opportunity with both companies - both have pretty high revenues to only go for 5B. If you can cut down on operations cost OR use the ops cost to create more revenue, you can turn garbage to gold. They have a large number of engineers at both companies - I have to believe that with this number of engineers, you can find ways to make money if you get management under control.
Verizon Sells AOL and Yahoo to Apollo for $5B
231–240 of 366 posts
Re: Verizon Sells AOL and Yahoo to Apollo for $5B
#232I used to work at Aol, and it doesn’t surprise me that some significant number of people still use dial up. Not because they’re “trapped” but because that’s the only choice in some parts of the country. According to Pew, 3% of us are on dialup & more than twice that use no ISP (maybe that 7% just uses their mobile access?). https://www.pewresearch.org/fact-tank/2013/08/21/3-of-americ... https://www.pewresearch.org/fa…
Your 3% number is from 2013 though
I looked up the Census numbers last year, and for my county it's something like 17% of people have no internet access -at all-. Not at home. Not at work. Not even on a cell phone. And this isn't exactly the boonies. It's a county with over a million people in it.
Three percent of people being on dialup sounds low to me.
Re: Verizon Sells AOL and Yahoo to Apollo for $5B
#233Before people go all ballistic, please remember that yahoo and AOL make $700 million from Mail and a billion dollars from search. AOL sells huge number of paid dialup based email accounts(for older people though). So the sale price is approximately two years of revenue. Apollo is getting it cheap!
Or Verizon already knows tracking-based ads are not long for this world and got out before the adtech crash.
Re: Verizon Sells AOL and Yahoo to Apollo for $5B
#234"My name is AOL Time Warner, king of kings. Look upon my works, ye mighty, and despair." Nothing beside remains.
Hey, didn’t you know “This next evolution of Yahoo will be the most thrilling yet”.
Re: Verizon Sells AOL and Yahoo to Apollo for $5B
#235Earlier quoted context omitted.
There's two dead companies in that title, and the only live one owns content. Fair point: in a rapidly shifting marketplace, owning the well / mine is the best bet.
Didn't you, historically, want to be the person selling shovels?
Depends on how close you were to the 1800s -- widespread steam power & hydraulic mining.
Mining shovels became worthless. People who owned exploitable resources continued to make money. (Also, denim)
Re: Verizon Sells AOL and Yahoo to Apollo for $5B
#236What part of this article or headline (or this sale in general) suggests "turning focus to its 5G network"?
Verizon's marketing has been "5G, 5G, 5G". Verizon Media was the one part that was not so obviously linked to 5G. Their other two segments, residential and business, could clearly sell 5G to customers. So by ditching their non-ISP division, it's a focus on their ISP business, which is gungho on 5G.
Re: Verizon Sells AOL and Yahoo to Apollo for $5B
#237"This next evolution of Yahoo will be the most thrilling yet" I'm very skeptical about that claim.
Considering that that's the only part of the memo they quoted, I imagine the rest of it was even more vague.
Re: Verizon Sells AOL and Yahoo to Apollo for $5B
#238I'm really surprised that Yahoo Finance has not been spun out as an independent company at this point. I think as a stand-alone company it could easily be worth in the billions of dollars. Reportedly Yahoo Finance has revenue between $100M and $250M annually. With the increase in retail interest in investing it seems like a property that could have some growth potential behind it if they did things right and separate…
That market is quite busy, though.
I recently dropped the premium fin.yahoo for a paid simplywall.st account. During my research I found many alternatives. Even my broker has all the data that fin.yahoo offers.
Re: Verizon Sells AOL and Yahoo to Apollo for $5B
#239"My name is AOL Time Warner, king of kings. Look upon my works, ye mighty, and despair." Nothing beside remains.
As a reminder, it's AOL who bought Time Warner. Still blows my mind.
Re: Verizon Sells AOL and Yahoo to Apollo for $5B
#240Earlier quoted context omitted.
Sigh. Remember when Google Finance was great with easily the best charting software and easy lookup of key stats for a company? Then they decided a couple years ago to destroy it for no reason. I wish I knew why they made this horrible decision.
It probably wasn't a path to internal promotions any more :-)
Give it a year or 2, it'll be rebooted with a messaging feature