It’s been a little crazy over at Yahoo lately. Microsoft wants to empty the bank account in their direction, but Jerry says it’s not enough. Microsoft could take its offer to the shareholders, but Wall St thinks Gates will up the bid. On the same day Yahoo buys another company for around $160M and gives pink slips to over 1,000 employees. No word on how Yahoo’s Austin office fared.

Imagine if Microsoft invested $45B in entrepreneurs and startup ideas. Maybe they would be funding the next big thing, rather than another Wallop.com. If YahooSoft does happen I would short it big time. In mega deals shareholder value is lost after the merge 9 times out of 10.

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