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Yahoo!'s Core Business Still Worth Less Than Nothing

As Alibaba Revalues Before IPO

     
6:32 am on Jul 14, 2014 (gmt 0)

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http://www.forbes.com/sites/timworstall/2014/07/13/yahoos-core-business-still-worth-less-than-nothing-as-alibaba-revalues-before-ipo/ [forbes.com]

Yahoo!'s Core Business Still Worth Less Than Nothing As Alibaba Revalues Before IPO

You can see that this doesn't quite make sense. There's $42 billion of value in the Alibaba and Yahoo Japan stakes plus those few billion in cash meaning that the core Yahoo! business, the one we all actually use, appears to have a market value of negative $8 to $10 billion.
8:20 am on July 14, 2014 (gmt 0)

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I agree, it doesn't make sense.

In any case, when you look at big business, such as Yahoo, wise investments often contribute to the bottom line.