281–290 of 366 posts
As someone who came of age during the 90s, I am amazed at how little this story matters in terms of real-world impact now.
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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.
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.
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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…
Just FYI, 'conservative investors' do understand crypto, they just think it's a bad investment.
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Or makes them worse by "developing" them Eg: Google Chrome on Android
I really wish there was incentive to have products be "done". It seems that so many products get to a great state and then get made worse over time because we need continuous growth (Evernote immediately comes to mind. Others seem to feel similar about 1Password) or in the case of Google, get shut down.
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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…
As an liberal investor, all crypto is a pump and dump scheme pushing magic internet money. But we've all seen this debate before.
edit: later I am proud to have been downvoted by blockchain bozos.
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>Yahoo sports apps I believe the Yahoo's suite of fantasy sports apps is second only to DraftKings in terms of market size and DraftKings' market cap is $22b. No reason that couldn't be spun off as its own company and be worth a $5b itself with the right leadership.
I looked this up. The top 2 are DraftKings and FanDuel. They have 90% marketshare. Yahoo is tied for 3rd.
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FWIW I'm bummed it didn't work out. I had a WiMax phone and even with the spotty coverage, back then (~2012?) my speeds were as good as my current broadband speeds (>200 Mbps) which was phenomenal for sprint. I even considered getting a dedicated WiMax internet provider at the time. Amazing how fast that came and went!
I had one too and the enormous drawbacks of WiMAX became apparent: go deep enough into a building and the signal gets spotty fast. WiMAX may work well for fast wireless internet to thin-walled homes, but it just doesn't work as well as a mobile technology.
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Just FYI, 'conservative investors' do understand crypto, they just think it's a bad investment.
I would say 95% of investors don't understand crypto, whether they have high or low risk tolerance. But high risk tolerance investors are more likely to invest in something that has momentum without understanding the fundamentals. Betting with the momentum is often a good strategy.
Betting with the momentum works unless (A) you're a latecomer to a ponzi scheme, or (B) there's a reversion that catalyzes longstanding doubt about an asset that has enjoyed a bull run. Both of these cases may well be applicable to a large portion of the overall crypto marketplace.
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>Yahoo sports apps I believe the Yahoo's suite of fantasy sports apps is second only to DraftKings in terms of market size and DraftKings' market cap is $22b. No reason that couldn't be spun off as its own company and be worth a $5b itself with the right leadership.
I looked this up. The top 2 are DraftKings and FanDuel. They have 90% marketshare. Yahoo is tied for 3rd.