Microsoft Volume II

10104.797 - 10125.825 Bill Gates

Yes. Now, because this is counterfactual and we actually don't know what would have happened, Yahoo completely went away. They sold for $5 billion in their most recent transaction to be co-owned by Verizon and Apollo. So there's this real question of like, okay, if Microsoft bought all that traffic, would they actually have been able to harness it and build a Google-like business?