The alibaba investment was probably Jerry Yang's best ROI decision aside from being a part of starting the company in the first place...
Unfortunately for Yahoo itself that decision was SOOO good that it would eventually consume the company.
Because there was basically no way for the company to overcome how valuable it was as an Alibaba proxy and wall street started to look at all of its other endeavors as just high risk low chance of return gambling with the Alibaba money.
The alibaba investment was probably Jerry Yang's best ROI decision aside from being a part of starting the company in the first place...
Unfortunately for Yahoo itself that decision was SOOO good that it would eventually consume the company.
Because there was basically no way for the company to overcome how valuable it was as an Alibaba proxy and wall street started to look at all of its other endeavors as just high risk low chance of return gambling with the Alibaba money.