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July 23, 2013 11:10 pm GMT
A quick glance at Yahoos balance sheet might have you worried: Only $1.14 billion in cash and equivalents, and the company just dropped $1.1 billion on Tumblr? It almost seems a bit profligate.But happily for Yahoo investors, the company is not low on funds in the slightest. In fact, given its current balance sheet and asset pool, Yahoo is incredibly wealthy. That fact is ironically overshadowed by the simple truth that other tech firms are even richer. But hey, your $10 billion is someone elses $50 billion.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/r_lQq_bRyZM/
Yahoo, Alibaba And Why Mayer Can Keep Buying Whatever She Wants
A quick glance at Yahoos balance sheet might have you worried: Only $1.14 billion in cash and equivalents, and the company just dropped $1.1 billion on Tumblr? It almost seems a bit profligate.But happily for Yahoo investors, the company is not low on funds in the slightest. In fact, given its current balance sheet and asset pool, Yahoo is incredibly wealthy. That fact is ironically overshadowed by the simple truth that other tech firms are even richer. But hey, your $10 billion is someone elses $50 billion.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/r_lQq_bRyZM/
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