The Most Expensive Mistake in the History!

The Chronology of Event:

In 1998: Yahoo got an opportunity to buy Google for 1 million dollars - but turned it down.

In 2002: Yahoo approached Google and offered 3 billion dollars, Google counter offered to buy Yahoo for 5 billion dollars - but Yahoo turned it down.

In 2006: Yahoo approached Facebook and offered 800 million dollars but Facebook demanded 1.1 billion dollars - and, Yahoo turned it down, again!

In 2008: Yahoo was approached by Microsoft to buy for 44.6 billion dollars - and, yes, you guessed it right, Yahoo turned it down, again!!

In 2017: Well, Yahoo was sold to #verizon for 4.5 billion dollars.

To put things in perspective, valuation of companies which Yahoo once crossroad with.....

#google : 1.35 trillion

#microsoft : 1.83 trillion

#facebook : 394 billion

#yahoo : 4.5 billion

Moral of the story: Lack of foresight combined with arrogance.