Cash-Strapped Yahoo Stoops to Selling Premium Domains
Cash-Strapped Yahoo Stoops to Selling Premium Domains
Posted 06/18/2009 at 3:43am
| by Pulkit Chandna
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Yahoo’s financial woes have not been hidden from anybody. The blighted internet giant is ready to do anything to raise funds. It does not even mind small amounts of cash dribbling into its famishing coffers. It has now stooped to abject levels associated with cybersquatters.
Yahoo is busy putting premium domain names on the block just to breathe easy every once in a while. Last night, Yahoo managed to auction off Contests.com for $380,000.
It isn’t a princely sum by any drug-induced stretch of imagination. A premium domain like that should have fetched in the millions of dollars. That actually explains Yahoo’s dismal state. Yahoo should trade premium domains for some business acumen and not greenbacks in the future. Wonder what Yahoo.com will fetch?
Image Credit: Huffingtonpost
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Sentinel137
June 18, 2009 at 6:07am
Yahoo should have sold its self when it had the chance to MircoSoft, They would have been in much better shape, Greedy board members all ways want more money when they are not happy with the Millons of dollars they where all ready making,,,
Tekzel
June 18, 2009 at 7:14am
Thats funny, I was going to post that very same thing. I bet the shareholders are still fuming over that decision.
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