Verizon has reportedly sold Yahoo and AOL today for around $5 billion. But Verizon spent $9 billion total to acquire both companies! Today’s sale marks the end of Verizon’s attempts to break into digital advertising. In this week’s Startup Insider, Andy Gordon and Vin Narayanan take a look at the lessons startup investors can learn from Verizon’s failed experiment.
From challenging incumbents to executing new ideas and finding the right product-market fit, startups are just better at certain things than legacy companies. And as Andy and Vin explain, that’s why startups are often a much better disruption bet than their legacy competition.
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