Where are the growth opportunities in the Internet economy? Take a look at where Yahoo is planning its future investment. Social media, video and mobile access. I think they’re right on with this outlook but they did just get beat out for YouTube (video) and they were not able to complete a deal with Facebook (social media). About the only place Yahoo has some traction is in mobile phones. Yahoo Go is available on several popular phones and they plan to be everywhere by the end of the year. Yahoo’s mobile stuff is actually quite good and useful. They’re doing better than most, but watch out because Google maps is available on phones as is gmail and the google rss reader.