Marissa Mayer says Yahoo should have bought Netflix or Hulu, not Tumblr, during her time as CEO.
“We looked at a transformative acquisition and we bought Tumblr,” Mayer said in an interview with Tech brew. “At the same time, we were also considering whether it was possible to buy Hulu or, ironically, Netflix. And I think at the time Netflix was $4 billion and Hulu was $1.3 billion. And either, in hindsight 20/20, would have been a better acquisition.