From Paul Graham, inside view: http://paulgraham.com/yahoo.html "What went wrong... | Hacker News

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		rossdavidh on March 21, 2018 \| parent \| context \| favorite \| on: The Glory That Was Yahoo From Paul Graham, inside view: http://paulgraham.com/yahoo.html "What went wrong? The problems that hosed Yahoo go back a long time, practically to the beginning of the company. They were already very visible when I got there in 1998. Yahoo had two problems Google didn't: easy money, and ambivalence about being a technology company."

lucas_membrane on March 21, 2018 [–]

>> easy money

Some time around 1995-6, yahoo reported earnings $0.05/share above expectations after the markets closed, and the stock shot up more than $200.00 in after-hours trading. Can any company survive that?

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