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(3)
It ’s the horizon that limits strategy.
How has the past 10 years been for the Internet industry?
Sohu ’s fate is like Yahoo.
Yahoo, which was founded at Stanford University in 1994 and was once the most viewed website in the world in the early days of the Internet era, is now also on the other side of the ocean.
In addition to blaming the lack of visionary and executive leaders, Yahoo ’s sadness also missed major opportunities in the golden age of the Internet.
In 1998, Larry Page thought about selling Google to Yahoo for one million dollars, but Yahoo did not see the value of the search engine. In 2006, Yahoo missed Zuckerberg’s Facebook for a billion dollars. From 2005 to 2007, Yahoo rejected the Microsoft acquisition three times.
The unicorn that once passed Yahoo has now become a technology giant; the gold owner who once extended an olive branch to Yahoo has now transformed into a high-quality technology stock with fame and fortune.
The same miss, the same retreat. The strategy of an enterprise is the vision of the entrepreneur. May the next 10 years, Sohu no longer miss.