Yahoo!
Starting from a student hobby that turned into a global brand that has
changed the way people communicate with each other, seek and obtain
information and purchase various items.
The two founders of Yahoo!, David Filo and Jerry Yang, doctoral candidate in electrical engineering at Stanford University, which started on campus trailer in February 1994 as a way to keep in their personal interest to the internet. Long before they spend more time in the list of their favorite network than with their doctor dissertation. However Jerry and David's lists became very long and they are classified in categories. When the category of the longer, they make it into subcategories ... and the core concept behind Yahoo! was born.
Web site started as "Jerry's Guide to the World Wide Web" but also received a new moniker with the help of a dictionary. Name Yahoo! is an acronym for "Yet Another Hierarchical Officious Oracle," but Filo and Yang chose the name they choose because they liked the general definition of yahoo: "rude, unsophisticated, uncouth." Yahoo! Himself first made at the student workstation, "Akebono," while the software is created in the computer Filo, "Konishiki" - both the name of a legendary sumo player.
Jerry and David soon found that they did not own to find a very useful web site. Long before hundreds of people accessing their guide from the trailer at Stanford. With the support of colleagues who have rotated netter to make the business more and more interest in the Internet community involved. Yahoo! Celebrates the first time millions of clicks per day in 1994, is no less than 100 thousand kinds of unique visitors. Based on the level of traffic and enthusiastic reception Yahoo! has been received, the founders realized
they have the potential business in their hands. In March 1995, the owners of the business cooperation with Silicon Valley venture capital institutions. They then worked with Sequoia Capital, a company that has a reputation in the field of investments including Apple Computer, Atari, Oracle and Cisco Systems. They agreed to fund Yahoo! in April 1995 with an initial investment of close to two million dollars.
Realization of the new company they have the potential of rapid growth, Jerry and David started to make the management team. They hired Tim Koogle, a veteran of Motorola and an alumnus of the Stanford engineering department, as chief executive officer and Jeffrey Mallett, founder of Novell's WordPerfect consumer division, as chief operating officer. They managed to save the second funding cycle in 1995 from investors Reuters Ltd.. and Softbank. Yahoo! Launched in going public with great success in April 1996 with a total of 49 employees.
Currently, Yahoo! Inc.. has become a leader of global communications via the Internet, commercial and media company that has become a brand service network of more than 232 million individuals each month in the virtual world. As the first online navigational guide to the Web, www.yahoo.com is the leader of the guide in the context of traffic, advertising, household and business user reach. Yahoo! is the first global internet brand and reach the largest audience in cyberspace. The Company is also building an online business and enterprise productivity and design services to a client web-kilen Yahoo! 's. These services are included in the Corporate Yahoo!, a customization service for enterprise portal solution; audio and video streaming; store hosting and management, and Web site services and equipment. Company's global Web network includes 25 World properties in. With headquarters in Sunnyvale, Calif., Yahoo! also has had offices in Europe, Asia, Latin America, Australia, Canada and the United States.
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