Yahoo - David Sambur (Apollo Global Management), (S2, EP.05)
Private Equity Deals with Capital Allocators
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Yahoo's $2 Billion Acquisition of a Public Company
Yahoo is a growing top line but it's undeniable that Yanno and Aol are a fraction of what they were 20 years ago, let alone 10 years ago. The managing the first thing they did was really just get every business scaled to where they are and then position for growth. We've more than recovered our equity stakes in two public companies and then we own still this portfolio of assets. What have you done so far on the O&O assets? Year one really was about upgrading the management teams and putting in place the plans. And there's been just a lot of improvement through revenue growth.
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