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Yahoo turned down $3B to buy Google in 2001

This Link is located in the Public Channel Web Startups and Venture Capital.
Posted by ashton 256 days ago (www.telegraph.co.uk). Views: 133
Tags: yahoo google

Related Tags: wall street microsoft search stocks software yhoo baidu search engines

Shortly after joining Yahoo! as chief executive in 2001, Terry Semel had dinner with Sergey Brin and Larry Page. Yahoo! founder Jerry Yang had suggested he look at buying their up-and-coming search engine.

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	PhilH said
	256 days ago

Semel actually had good judgement at the time

According to the story Google founders wanted to sell for $1B, so Semel offered $1B. But then Google suddenly tried to triple the asking price. That's just not koshure.

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