I will analyse it using an unfolding story!
Yahoo (and Lycos, Alta Vista..) made a search engine much before Google did. That’s first-mover intelligence.
All of them failed to see Google’s inherent strength when they could have smashed it - that’s lack of common sense and wisdom. And very bad luck.
Google decided to plod on, and build on it. That’s tenacity coupled with intelligence.
Some early investors made a killing. That’s foresight, intelligence and luck combined.
Yahoo still did not see any value in it. That’s a total lack of common sense.
Google kept building on its success. And then launched social media tools (Wave? Buzz?). That’s ambition, and tenacity. But with little wisdom.
Facebook romped home with a much better strategy and product. That’s intelligence.
Google continued fighting. Continues to. With G+.
Facebook trampled it. That’s tenacity coupled with intelligence.
Whatsapp emerged. That’s super-intelligence. Yahoo - the employer - misses again.
Yahoo got hammered in the long run.

