But for examples of previous tardy departures, think Yahoo’s Jerry Yang. He, infamously, came back to “save” Yahoo, stifling a $44.6 billion Microsoft offer in 2008, while intimating the company was worth much more. In fact, it kind of was, but that had nothing to do with Yahoo’s core assets. An early investment in Alibaba turned into a 24% stake in one of China’s largest companies. It also shared a stake with Softbank in Yahoo Japan.
But under Yang’s and then Marissa Mayer’s leadership,