<story><title>Yahoo to Spin Off Its Core Businesses</title><url>http://www.nytimes.com/2015/12/10/technology/yahoo-alibaba-spinoff.html</url></story><parent_chain><item><author>3pt14159</author><text>So I don&amp;#x27;t understand one simple thing: The stock is up 120% since Mayer took over. Even adjusting for compounding interest over 3.43 years, this is like 25+% yearly growth. So the core business is crapping out? So what? Why is everyone dumping on Mayer? I don&amp;#x27;t even think I could fix the core Yahoo business. They have to pay a 50% premium for developers just because it&amp;#x27;s Yahoo and their core audience is the technically illiterate; a group that is fairly difficult to monetize.</text></item></parent_chain><comment><author>1024core</author><text>&amp;gt; The stock is up 120% since Mayer took over.&lt;p&gt;All of that is because of $BABA. If you add up the current value of $BABA and Yahoo Japan shares that Yahoo holds, it&amp;#x27;s &lt;i&gt;more&lt;/i&gt; than the market cap of Yahoo; which means, the $4B&amp;#x2F;year revenue business that is rest of Yahoo is valued negatively by the market. SMH....</text></comment>
<story><title>Yahoo to Spin Off Its Core Businesses</title><url>http://www.nytimes.com/2015/12/10/technology/yahoo-alibaba-spinoff.html</url></story><parent_chain><item><author>3pt14159</author><text>So I don&amp;#x27;t understand one simple thing: The stock is up 120% since Mayer took over. Even adjusting for compounding interest over 3.43 years, this is like 25+% yearly growth. So the core business is crapping out? So what? Why is everyone dumping on Mayer? I don&amp;#x27;t even think I could fix the core Yahoo business. They have to pay a 50% premium for developers just because it&amp;#x27;s Yahoo and their core audience is the technically illiterate; a group that is fairly difficult to monetize.</text></item></parent_chain><comment><author>shas3</author><text>Corporate governance is a lot about perceptions. Even if you set aside the fact that most of that growth comes from Yahoo&amp;#x27;s stake in Alibaba, you still have the question about Yahoo&amp;#x27;s future and vision. If there is a perception that their future is shaky, that matters more than if things are likely to turn out badly. Should add, IANAL aka, I am no analyst</text></comment>