Leaving AOL

Verizon three days ago sold Yahoo and AOL for a measly $5B.  The “measly” is not sarcastic. Twenty years ago, Yahoo was worth $125B. Verizon bought Yahoo in 2016 for $4.8B. AOL was once worth $200B, but Verizon bought it in 2015 for $4.4B. Which means Verizon lost $4.2B in total in the sale of both companies.  The private equity […]