Yahoo CEO Marissa Mayer has apparently figured out what she wants to do with some of the billions her company made from the Alibaba IPO a couple of weeks ago.

There are reports today that Yahoo is going to take a stake in Snapchat, the app that lets users send messages that disappear after a couple of seconds.

No word on exactly how much, but it values the startup at $10 billion.

And yes, Yahoo is a company on the ropes, buying a company that makes things disappear... fill in the blank with your own joke here.