[awkwarddaturtle]

> Many years ago Microsoft was trying to purchase Yahoo for $45 a share. Every company has their Yahoo moment, where they consider making an over the top purchase offer for a company, that in hind site looks like a terrible idea.

That bid was terrible for YHOO shareholders. You do realize YHOO owned a ton of alibaba stock and yahoo!japan stock right? The alibaba shares alone that yahoo owned is now worth more than the $45 billion offer by MSFT. That's after Mayer foolishly sold off a huge chunk of alibaba shares a few years ago to go on her buying spree.

If steve ballmer had managed to buy YHOO, it would have been one of the greatest deals in history.

YHOO owned 25% of alibaba ( which is worth about $400 billion today ). YHOO also owned Yahoo!Japan which was worth $10 billion.

If MSFT bought YHOO back then, we would be calling Steve Ballmer and MSFT a genius today.