If you were even the best person at math, you'd probably find yourself confused by the spate of varying media accounts about the second round of bids in the never-ending sale of Yahoo.
(So never-ending, it seems, it makes you wonder if anyone is working on reviving the actual core business of Yahoo, which has been hurtling off a cliff now for a very long time.)
But being for sale is what Yahoo does for a living now, with the latest reports saying that the new bids range from $3 billion to over $5 billion. That's a big delta, of course, so let me break it down for you.
To begin, think about this a little like there is a house called Yahoo that a few people are looking to buy. Once a beauty, it's become run-down and in a neighborhood that is no longer that nice, but it's not a complete teardown either. Over time, each potential bidder gets a closer and closer look at the property and forms their own thoughts about what it's worth. With a little paint and some renovation, some think its value could rise; others are worried about termites. Lots and lots of termites.
In fact, a house auction is what one buyer compared it to. "This is a pretty basic deal with everyone trying to figure out the risk and reward here of taking over a clearly failing business," said the bidder. "Everyone has different criteria for what matters."