In short
Podcast Summary: Capital Allocators – Inside the Institutional Investment Industry
Episode Title
Yahoo on Private Equity Deals
Episode Overview In the fifth episode of Season 2 of "Private Equity Deals," host Ted Seides explores Apollo Global Management's acquisition of Yahoo, a move that has garnered interest given Yahoo's historical significance and current market position.
Key Points Discussed
- Acquisition Details:
- Apollo acquired Yahoo approximately a year and a half ago.
- Yahoo is formed from the legacy Yahoo and AOL businesses, which, at their peak during the dot-com boom, had a combined market cap of $350 billion.
- Despite its historical decline, Yahoo still boasts 900 million monthly active users, making it the third-largest internet property as of the episode's airing.
- Investment Perspective:
- The episode poses a critical question regarding the rationale behind Apollo's investment in a seemingly stagnant business: What potential did Apollo see in Yahoo?
- This inquiry hints at deeper analysis and insights into the private equity landscape, particularly regarding how investors identify value in underperforming or declining assets.
Themes and Discussions
- Legacy Businesses:
- Discussion centers around the challenges and opportunities faced by long-established companies in a rapidly changing digital environment.
- Private Equity Strategy:
- Insights into the decision-making process of private equity firms when acquiring legacy brands.
Conclusion Listeners are encouraged to explore the episode further to gain a comprehensive understanding of Apollo's strategic vision for Yahoo and the broader implications for private equity investments in established companies.
Additional Resources
- For more episodes and insights into the institutional investment industry, visit [Capital Allocators](https://www.capitalallocators.com/podcast/yahoo/).
- Subscribe to the podcast on:
- [Apple Podcast](https://podcasts.apple.com/us/podcast/private-equity-deals-with-capital-allocators/id1639927777)
- [Spotify](https://open.spotify.com/show/0sebfAmGcpda8OsQidlu3L)
- [YouTube](https://www.youtube.com/channel/UCbzQ_YWf9RsBP9ATbmv5kxQ)
This summary encapsulates the essence of the episode, highlighting the key discussions regarding Apollo's acquisition of Yahoo and the implications for the private equity sector.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:04The fifth episode of Season 2 of Private Equity Deals releases today. We discuss Apollo's purchase of Yahoo a year and a half ago. You heard that right. Apollo bought Yahoo. Yahoo is comprised of the legacy Yahoo and AOL businesses, which peaked at a combined market cap of$350 billion in the dot-com heyday. It still hosts 900 million monthly active users and is the third largest internet property. So what did Apollo see as the potential in this longstanding, slowly declining business? Search for private equity deals on your podcast player to find out.
From the publisher
Listen to Yahoo on Private Equity Deals.
The fifth episode of Season 2 of Private Equity Deals releases today. We discuss Apollo’s purchase of Yahoo a year and a half ago. You heard that right – Apollo bought Yahoo.
Yahoo is comprised of legacy Yahoo and AOL businesses, which peaked at a combined market cap of $350 billion in the dot.com heyday. It still hosts 900 million monthly active users and is the 3rd largest internet property.
So what did Apollo see as the potential in this longstanding, slowly declining business? Search for Private Equity Deals on your podcast player to find out.
