Just to avoid confusion: Yahoo! Japan uses the name under license from its owner (Version Media at present), but is a separate company, owned by Softbank and Altaba.

I was being a bit cryptic for ironic effect, but my point was: why buy from an American company with all its management overhead when it can be easily undercut by a company where executive salaries aren't so high? If the VC and regulatory situation gets straightened out in (for example) India, I have no doubt whatever that an Indian company could be just as well-run and innovative as an American one, even though executives would need far less salary for a given standard of living.

It's only a matter of time before this starts to happen.

-Ed