When you look at the numbers Yahoo!'s core business is worth half AOL's and InterActiveCorp's. That's too cheap.
When you read the fine print, this Internet giant is awesome on so many levels.
Paying and non-paying online users are valued differently by the market. People who pay something -- like Netflix users -- are worth more than those who generally don't -- like gamers and social media users. When you assess companies by their number of monthly active users, consider which group will be willing to actually part with their money.
All signs point to an Alibaba IPO on Monday after the markets close. It should spark a lot of decisions among Yahoo!'s management.
Here's comes the Weibo IPO with an incredibly shrinking price tag. It says more about Twitter than it does Alibaba.
Tencent is up almost 110% in the last year but is down more than 20% from the recent highs. Where does it go from here?
Facebook used so much stock to pay for Whatsapp that when the stock fell, the value of the deal fell to $17 billion from $19 billion.
The software-as-service company's steady revenue stream made it a momentum stock that has fallen with the market.
Even though it would be great if Yahoo! still owned 40% of Alibaba, its investors should thank their stars the old board didn't give the whole thing away.
When that IPO filing happens -- and it could be in a matter of days -- Alibaba will reveal details about itself that many in the investing world have been dying to see for well over two years.