Yahoo is one of the pioneers of the internet.
They offered many internet services like music, videos, social media, and photo sharing.
But Yahoo made many mistakes.
Here are some reasons why they failed.
1998
Yahoo refused to buy Google for only $1 million
2002
Yahoo realized the true potential of Google and tried to buy Google for $3 billion.
But Google wanted $5 billion.
Yahoo refused the offer again.
2006
Yahoo tried to acquire Facebook in July 2006 for $1.1 billion.
Facebook agreed to the deal.
Then Yahoo changed his offer to $800 million.
Facebook refused the deal.
2008
Yahoo refused to be sold to Microsoft for $44.6 billion
2016
Yahoo is sold to Verizon for $4.6 billion.
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