Microsoft Volume II

10013.388 - 10041.631 Bill Gates

What are they smoking? Keep going. So here's how to pull it apart. Yahoo had about 15% market share of search, which I think was number two. Google was way, way, way ahead. And so on the face of it, you're thinking, wait, $47 billion to buy 15% market share in search? But there's actually two other assets in here. There's Yahoo Japan. Yep. And there's a stake in Alibaba. Not just a stake.