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Yet another week goes by and the Yahoo / Microsoft saga continues. Personally, I think that much of the media and business analysts just do not understand Jerry Yang. He is the co-founder of Yahoo! When Yahoo! was first started, Yahoo! itself resided on Yang's student workstation. Then from the first initial investment of $ 2 million, Mr. Yang and David Filo began to develop Yahoo! as we know it today, one of the most visited destinations on the World Wide Web. .
In 1996, Yahoo launched a successful IPO with less than 50 employees in tow. With offices throughout the world, Yahoo's global Web network includes 25 different properties. Over the years Yahoo's innovation continues to improve the Web and how users interact online. In fact last week's announcement of Yahoos' Build Your Own Search Service, illustrates just how innovative the company continues to be. Yahoo is still a major player and highly desired Web property. So why would Jerry Yang simply cut a deal with Microsoft? For the money? Uh no... for innovation? nope.... Jerry Yang is passionate about the company he co-founder. He has every right to run it as he sees fit. Sure he has to answer to shareholders, that is one of the responsibilities when your company goes public. The fact is that any the offers from Microsoft undervalue Yahoo as a company. Plain and simple... the deal is not worth it.
Here is what is currently being said on the Internet airwaves regarding the latest reports on the Yahoo / Microsoft saga.
Another Microsoft Offer, Another Yahoo Rejection - Search Engine Watch
Yahoo! Rejects Microsoft/Icahn Search and Restructuring Proposal - Yahoo Press Room
Yahoo Rejects Joint Microsoft/Icahn Deal But Open To $33 Per Share All-Microsoft Sale - Search Engine Land
New Microsoft Offer, Quickly Rejected - Tech Crunch
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very good info my friend