Yahoo acquired by Verizon on the 26th end of a tragic icon of the internet is so powerful. I also still use a yahoo email account until now.
Tragically Verizon Yahoo acquisition only with a value of 65 trillion. Whereas in 2000, the value of Yahoo about 1300 Trillion. Even six years ago Yahoo was offered Microsoft 650 Trillion. but not approved, and is now approved for only the price of 65 trillion. RIP
The story of the fall of Yahoo is a dark story about the innovator. When victorious lulled. Lazy or forgot innovate. Many analysts have questioned why that had spawned Facebook is not Yahoo that time it has everything?
Many observers were stunned that spawned why Instagram is not Yahoo that used to have a flickr mighty.
That is the mystery of innovation which is always full of mystery. Same with astonishment why Sony could collapse in samrtphone war? It used Sony is electronics giant in the world.
Always happen, so when the market leader, giant companies always underestimate the tendency of new and small players.
'' yahoo formerly said that facebook is just a toy for young children ''
When present Instagram, yahoo and flickr to relax for sure with the greatness and the glory of them.
Turns out it was a typical disease innovator. Too confident with the product itself. Indifferent against new opponents and small. Yahoo feel very sad today. When victorious Yahoo has also been offered to buy Google in 2002 at a price of 13 Trillion. But Yahoo rejected by reason of expensiveness.
'' do you know how much value Google now? ''
only 8000 Trillion. That destiny Yahoo can cancel Trillion 8000 profit,
'' Creative Destruction: You have to be willing to bury their own products, before being eaten by rival mercilessly. ''
'' maybe they forgot the lessons from grandfather, Winning is easy but to maintain our position it is a real challenge and it takes strategy. we have thank to them giant story that falls is a lesson for us, so our time to be thrifty learn from the mistakes of others. Usurp the position of need, but retain much more important. ''
I hope #steemit could take a lesson from the story yahoo, The latest innovation to be kept alive.
'' because it could certainly be much like steemit in the future ''