When PE bought Yahoo for $5B I thought it was a great deal for the PE firm [1]. Yahoo is still heavily used, and really just needs competent management. It looks like that's happening, albeit slowly. Not many people may use yahoo search, but all the other properties are used and provide opportunities.
[1] https://www.cnbc.com/2021/05/03/verizon-sells-yahoo-and-aol-...