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David Filo(Co-Founder of Yahoo!, & Louisiana Native) Interested...

Posted on 12/8/10 at 9:03 am
Posted by 1 Love woof woof
Member since Sep 2010
78 posts
Posted on 12/8/10 at 9:03 am
No BS....He was interviewed on the radio last night. There is no link or audio available(already checked).

David Filo is the Co-Founder of Yahoo! and is from the Lake Charles area. He graduated from Tulane and keeps a home in New Orleans.

His net worth is over a billion dollars.

Wish tha I had more info...
Posted by Eman5805
West Bank
Member since Nov 2010
5098 posts
Posted on 12/8/10 at 9:40 am to
That would be GOLDEN. And my favorite part is he has to be under 50. Like mid 40s.
Posted by Fun Bunch
New Orleans
Member since May 2008
127758 posts
Posted on 12/8/10 at 9:54 am to
According to Forbes:

1.4 billion and rising.

721st richest person in world.

LINK
Posted by TigerinATL
Member since Feb 2005
62446 posts
Posted on 12/8/10 at 10:18 am to
Not having debt, a new CBA and a better deal with the state will bring the potential owners out of the wood works. It's ludicrous that so many people seem to have concluded that Gary Chouest was the only person not just in Louisiana, but on the planet, willing and able to own the Hornets in New Orleans.
Posted by death valley driver
CHOPPA CITY
Member since Jul 2004
11674 posts
Posted on 12/8/10 at 10:19 am to
BONER
Posted by death valley driver
CHOPPA CITY
Member since Jul 2004
11674 posts
Posted on 12/8/10 at 10:22 am to
and yahoo could buy the naming rights to the arena. "coming to you LIVE from the YAHOO CENTER in downtown new Orleans"
Posted by Fun Bunch
New Orleans
Member since May 2008
127758 posts
Posted on 12/8/10 at 10:34 am to
What radio show was he on?
Posted by Richard Seymours Jab
Member since Nov 2010
608 posts
Posted on 12/8/10 at 10:45 am to
Renaming it that would just fit the city perfectly!

\"Look at all these crazy Yahoos in the arena!\"
Posted by EmperorGout
I hate all of you.
Member since Feb 2008
11530 posts
Posted on 12/8/10 at 10:54 am to
David Filo is what we call "best case scenario."

I really hope this is true.
Posted by Hammond Tiger Fan
Hammond
Member since Oct 2007
16405 posts
Posted on 12/8/10 at 10:55 am to
quote:

It's ludicrous that so many people seem to have concluded that Gary Chouest was the only person not just in Louisiana, but on the planet, willing and able to own the Hornets in New Orleans.


Well, I believe the issue is finding a potential owner who's local, has enough liquidity and net worth, and would keep the team in New Orleans. There are plenty of potential suitors that would buy the team and move them to a new location.
Posted by rollthatback
Member since Jun 2008
3049 posts
Posted on 12/8/10 at 11:01 am to
Re-name the team the New Orleans Yahoos. I like it.
Posted by TigerinATL
Member since Feb 2005
62446 posts
Posted on 12/8/10 at 11:17 am to
quote:

There are plenty of potential suitors that would buy the team and move them to a new location.


And there is only one that would keep them here? That's what the press would have you believe. I'm not buying it.
Posted by 1 Love woof woof
Member since Sep 2010
78 posts
Posted on 12/8/10 at 11:24 am to
The interview was on Sirius Satellite Radio on the Westwood One(Sporting News Channel). I don't want to let anyone down that wants Yahoo! affiliated with the team, but I do remember him saying that if he did buy the team, he would not involve Yahoo! do to legal purposes. He said, "this would be a completely seperate venture that would not involve any affiliation or financial support from Yahoo!". -David Filo

I say, who cares as long as he buy's the team. Besides, if he's smart enough to co-found a top fortune 500 company, he can successfully run an NBA franchise.
Posted by b rod lsu
Baton Rouge
Member since Aug 2006
4903 posts
Posted on 12/8/10 at 11:35 am to

Why did he have such a big drop in net worth (2.9 B in 2006) over the past few years?
Posted by jrenton
Houston
Member since Mar 2007
1994 posts
Posted on 12/8/10 at 11:39 am to
Most billionaires lost money in the last couple of years
Posted by slutiger5
Parroquias de Florida
Member since May 2007
11775 posts
Posted on 12/8/10 at 11:40 am to
growth of competitors
Posted by Fun Bunch
New Orleans
Member since May 2008
127758 posts
Posted on 12/8/10 at 11:41 am to
quote:

Why did he have such a big drop in net worth (2.9 B in 2006) over the past few years?



It was a rough few years, but he actually raised in net worth from 1.19 in 2009 to 1.4 this year.
Posted by Eman5805
West Bank
Member since Nov 2010
5098 posts
Posted on 12/8/10 at 11:48 am to
Gotta remember, he's in the internet biz. Yahoo was the first big search engine/news service type...thing, and then Google showed up. And now there's Bing and hundreds more smaller sites.
Posted by 1 Love woof woof
Member since Sep 2010
78 posts
Posted on 12/8/10 at 11:58 am to
Yes, I hear everyone about his type of business. However, a billionaire is a billionaire. And, I don't think he would say that he was that interested in the idea if he didn't have the serious financial where-with-all to actually afford the team. This is great, because, Filo can actually afford the team on his own without a team of investors. Not saying that he won't bring others in, but from the way he sounded in the interview, he sounds like he want's to do this personally.
Posted by Hank Marducas
Sittin' on the dock of the bay
Member since Sep 2009
5687 posts
Posted on 12/8/10 at 12:21 pm to
If he buys the team, I'll make Yahoo! my home page.
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