Engineering students David Filo and Jerry Yang had a bit of work to do but surf the Internet. They did not take long to compile a large list of bookmarks, which are grouped by subject matter.
Then they think, why not include it on the web? They then worked to create a database program to handle it, which can give results online.
In April 1994 they had a job (for fun) make a list of names and addresses of sites that they find in cyberspace (Bookmark). At that time they were receiving a PhD candidate Candidate (Ph.D). Fun things they'd do to fill their spare time because they left off by profesror.
As more and more a list of sites that they collect they finally split in categories and sub categories. Then comes the basic idea and an embryo of Yahoo, namely: the Web site started out as "Jerry's Guide to the World
Wide Web ".
Then the name was changed to Yahoo. Yahoo is an acronym "Yet Another Hierarchical Officious Oracle". But actually the name of Yahoo has another meaning, namely the ancient or primitive. Taking the name was inspired by the novel Gulliver's Travels by Jonathan Swift. As for its own URL
akebono.stanford.edu named / yahoo (Jerry Yang) and konishiki.stanford.edu / yahoo (David Filo). Well, for the Japanese name, they are the name of the legendary Japanese sumo wrestlers.
In March 1995, Yahoo had entered into a business partnership with the owner of Silicon Valley Venture capital institutions. Later, they also established cooperation with Sequa 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 with an initial investment of nearly $ 2 million. Since the realization of the new company they have the potential of rapid growth, Jerry Yang and David began to build a management team. They recruited a veteran of Motorola and alumni of Stanford's Department of Engineering named Tim Koogle as chief executive officer and a founder Jeff Mallet Novell's Division of Consumer WordPerpectsebagai chief operating officer. They managed to save the second funding cycle.
In 1995 from investors Reuters Ltd.. and Softbank. Yahoo! launched very successfully went public in April 1996 with the total number of employees 49 people. Today, 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 cyberspace. As the first online navigational guide in the Web, www.yahoo.com is the leader guides the context of traffic, advertising, household purposes, and business user reach. Yahoo! is the first global Internet brand that reaches the largest audience in cyberspace. The company is also building an online business with a service company that designs and web productivity for his clients. Design services included in the cooperation. Yahoo!, a customized solution for companies, audio and video streaming, store hosting and management, and services and supplies website. Company's global Web network includes 25 world properties in. With headquarters in Sunnyvale, Calif., Yahoo! has also has offices in Europe, Asia, Latin America, Australia, Canada, and the United States.
