While Yahoo's board dithers over whom to sell the company's soul to, VC blogger Fred Wilson has a different plan in mind. "Yahoo should reject the offer and what they should do instead is break up the company into a series of smaller companies," he told TechTicker in the interview excerpted here. Yahoo's entertainment sites could be one spinoff; its HotJobs website another, he says. Left unsaid: A broken-up Yahoo would mean more buyers for the small startups Wilson backs.

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