Speaker unverified: uncertainty

Transcript context

…It is. If it’s time for me to chime in, I’d agree with attempted technology acquisition. I don’t know if this is a category though. It’s an aspirational acquisition because in the same way that Google had looked across at Overture and said “Hey, there’s gold in them thar hills,” Yahoo has looked over at Google and said there’s gold in them thar hills and guess what, it’s search. Again, we can’t underline enough that what essentially Yahoo fails to do is that it fails to recognize just like everyone else did that there was actually money to be made in search. And that Yahoo should have been in the search business and was in the search business. That’s essentially the main reason why people first came to Yahoo in the first place. So it's aspirational. They’re looking over at Google, they’re saying, “Shoot! They’re playing in our ballgame. It’s the game that we should be winning. We’re going to win at this.” So it's an acquisition where they’re looking over the fence, looking at their neighbor and deciding to build a pool, an inground pool as snazzy as the Joneses have. Yeah. It’s almost like they wanted to build a new business line in search but rather than taking the market cap and cost pain of just acquiring Google, which they should have done. They decided instead, “Well, we’ll buy these couple other players and search these technologies and build it ourselves into this new business line,” and clearly failed miserably.…

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