AKINYEMI: Yahoo is a lesson on how one can walk with eyes wide shut

A sign in front of the Yahoo! headquarters in Sunnyvale. Yahoo, it appears, has had intelligent leadership but somehow, their intelligence did not serve it well. PHOTO | JUSTIN SULLIVAN | AFP

Few people remember today that before Facebook or Google there was another king who ruled the Internet like a colossus. The king was at the time literally synonymous with the Internet.

In the words of Jeremy Ring, a one-time sales executive at this tech giant: “Our company was five years old,” and “We were worth more than Ford, Chrysler, and GM combined.