A source at the time told Insider Mayer was"very personally engaged in this deal," working late into numerous evenings.
But almost six years after exiting the company, Mayer told Tech Brew it may not have been the best move, especially as the company was considering at the same time whether it was possible to buy"Hulu or, ironically, Netflix." "And I think Netflix was $4 billion and Hulu was at $1.3 billion at the time," she told the outlet."And either of those, with hindsight being 20/20, would have been a better acquisition."which the company said was due to a combination of factors"including decreases in our projected Tumblr operating results and estimated future cash flows."spinoff to separate the assets of the company," she told Tech Brew.
She added that it"would have allowed Yahoo to continue as an independent company, and it would have potentially had more success."