Yahoo is a profitable company with atleast 5B $ in revenue. Search and Mail are extremely profitable businesses. When was the last time you changed your mail id? Search is atleast 2B $ plus in revenue. Mail is 1B $ plus in revenue. Yahoo Finance, Yahoo sports, yahoo news are all highly trafficked websites although I dont know the revenue numbers. I do wager that if yahoo is put on stock market, its valuation will be around $10B although private equity has spent only 4B$ on acquiring them. Who knows what went into the discussions.
Why did I leave? Because I figured my career growth is elsewhere.
One thing I learnt at yahoo is that large companies take a very long time to die . You can have a profitable career in them, even if YoY growth is slowing.