Ex-Yahoo CEO Marissa Mayer admits the company should have bought Netflix instead of Tumblr as it 'would have been a better acquisition'
www.businessinsider.com
Mayer told Tech Brew she would have done three things differently if she could, including acquiring Netflix or Hulu instead of Tumblr.
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The original was posted on /r/todayilearned by /u/tyrion2024 on 2023-11-07 13:05:14+00:00.

Original Title: TIL ex-Yahoo CEO Marissa Mayer admitted that in 2013 Yahoo should’ve purchased either Netflix at $4 billion or Hulu at $1.3 billion instead of buying Tumblr at $1.1 billion stating it “would have been a better acquisition.” By 2016, Yahoo had to write down Tumblr’s value by a total $712 million.