Room for Debate: Can Yahoo be Rescued
I recently participated in New York Times’ “Room for Debate” series. The debate revolved around prospects for Yahoo’s recovery and was motivated by a recent article in which an analyst stated “We’ve never seen a turnaround of a fallen angel in the Internet space.” While some analysts were pessimistic, I was not willing to completely rule out the possibility of a Yahoo recovery. Specifically, I don’t see any reason why an Internet company is at a disadvantage in staging a recovery. A recovery should be just as possible in this sector as others. The bad news for Yahoo is that recoveries in general are rare so the odds apply for Yahoo as well.
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