Marissa Mayer says Yahoo should have bought Netflix or Hulu, not Tumblr, during her tenure as CEO.
“We thought about a transformative acquisition and bought Tumblr,” Mayer said an interview with Tech Brew. “At the same time, we’ve also been thinking about whether it’s possible to buy Hulu or, ironically, Netflix. And I think Netflix had $4 billion at the time and Hulu had $1.3 billion. And in hindsight, both would have been a better purchase.”