SpringOwl Activist Presentation Deck
Yahoo Hasn't Made Shift To Mobile From Desktop
1H2013
1H2014
1H2015
YAHOO! facebook twitter
"Not Material"
Yahoo's Mobile Revenue
Spring Owl!
Asset Management LLC
$308M
Yahoo's Mobile Revenue
$485M
Yahoo's Mobile Revenue
$1,024M
Facebook's Mobile
Revenue
$2,965M
Facebook's Mobile
Revenue
9.6x Bigger Than Yahoo
$5,287M
Facebook's Mobile
Revenue
10.9x Bigger Than Yahoo
$165M
Twitter's Mobile Revenue
$406M
Twitter's Mobile Revenue
1.3x Bigger Than Yahoo
$744M
Twitter's Mobile Revenue
1.5x Bigger Than Yahoo
Source: Company Fillings (10K) - 1- http://www.wsj.com/articles/yahoo-be-careful-playing-in-traffic-1449425043
0 BELL
4:21 PM
DOP
22%
6
at would
@marksa
pk better
YAHOO
... BELL
4:21 PM
22%
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In Q315, Facebook's mobile
revenue grew to 12.5x
Bigger than Yahoo's¹
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