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What went wrong for Yahoo

Yahoo let two future trillion-dollar companies get away. One of them twice.

It was common for college students to place a link to Yahoo on their own home pages so they’d be able to find it from any computer. Yahoo incorporated as a company on March 2, 1995, and the commercial version of its web site containing advertising launched in August 1995. Alibaba later sought to buy some of the stake back so it could regain controlling interest in the company and eventually conduct an initial public offering.

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