Yesterday, Yahoo announced it bought a startup called Summly. Summly made a news aggregation app. According to All Things D, Yahoo paid $30 million – 90% cash. $30 million isn't much for Yahoo, which has more than $4 billion in cash (and access to much more). But there are some elements to this deal that make even that small price seem strange.
So … Marissa Mayer Is Paying A 17-year-old $30 Million To Be Yahoo's Spokesman For 18 Months? (yhoo)
Nicholas Carlson, Business Insider
Tue, 03/26/2013 - 5:22am
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