You Got To Know When To Fold ‘Em.

Over at Bloomberg, Justin Fox wrote that Verizon’s purchase of Yahoo for c.$5bn isn’t the disaster that it could have been.

That’s probably right, but it does go to show how merciless the 21st Century can be when it comes to businesses that don’t change sufficiently.

In 2000, Yahoo was valued at $115bn….

Monticello LLP