Yahoo! China According To Susan Decker - Yahoo! Inc. (NASDAQ:YHOO) | Seeking Alpha: "... Porter Erisman, a former Alibaba Vice President who recently released a documentary about his time working inside the company called Crocodile in the Yangtze offers this thought on how to assess Decker's legacy and her account of Yahoo!'s success:
"How Yahoo! performed as an operator and how they performed as an investor are two different questions. If we evaluate Yahoo! as an operator (both inside China and outside,) I think we can all agree that their performance was poor. If we evaluate Yahoo! as an investor, we should take into account their entire history of investments and not just cherry-pick one investment that paid off. On the whole, Yahoo! did well as an investor over the years (due to Alibaba) despite some obvious failures. But people investing in Yahoo! didn't do so because they believed it was a private equity fund. Luckily, the Alibaba investment turned out well and made up for Yahoo!'s failures on an operating level."
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