Alibaba was pre-ipo at the time and did not have a market valuation. The most effective way to estimate a market value for Alibaba at this time is the 2008 MSFT offer itself.
MSFT didn't offer $44B for Yahoo's internet business. The offer was in large part for the Alibaba stake.
Regardless, MSFT priced it all at around $44B, which is less than it eventually was valued at.
MSFT didn't offer $44B for Yahoo's internet business. The offer was in large part for the Alibaba stake.
Regardless, MSFT priced it all at around $44B, which is less than it eventually was valued at.