Gates on Yahoo: It's the people
PALO ALTO, Calif.--Bill Gates is willing to pay a lot for engineering talent.
Asked what makes Yahoo worth more than $40 billion, Gates pointed not to the company's products, its huge base of advertisers, or its market share, but rather to Yahoo's engineers. Those people, he said, are what Microsoft needs to go after Google.
In an interview after his speech at Stanford University, Gates said that it turns out it takes a lot of manpower to build tools for advertisers, mobile, and video products as well as improving its core search algorithm and building an infrastructure … Read more