Two Electrical Engineering graduate students at Stanford University in January of 1994 created a website named "David and Jerry's Guide to the World Vast Web". Jerry Yang and David Filo came up with this web site as a directory for different web sites on the internet. Their web site offered a list of links that when a key word was entered, the one with essentially the most hits would show up first. This new process was organized by recognition versus searching through an index of pages that might take several minutes and in some cases even hours to search out the data that one was trying for. Thus, the way serps worked on the internet, was changed forever.

Earlier than the tip of 1994, Filo and Yang's web site had acquired over one million hits. In search of a catchier name for his or her now common web site, the pair modified the name in April of 1994 to "Yahoo!". Filo and Yang favored the word's common definition, which got here from an imaginary race of people within the basic novel "Gulliver's Travels" by Jonathan Swift. These characters called "Yahoo" embodied many negative traits such as being rude, uncouth and unsophisticated. The founders thought this term best fit their new type of search engine, since it was so unconventional when compared to other engines like google of the early 1990's. On January 18, 1994 the domain name yahoo.com was official.

Since the trademark name "Yahoo" was used by many firms for products comparable to knives, personal watercraft and barbeque sauce, the two decided to use an exclamation point to the name. Sadly the exclamation point is often left off of the top of the name when one is referring to Yahoo! because it has grow to be a household name.

Yang and Filo fully soon realized that with over one million hits under their belt, that Yahoo! had a tremendous business potential. Yahoo! became incorporated on March 2, 1995. As soon as the corporate obtained two rounds of venture capital from Michael Moritz of Sequoia Capital in the sum of 3 million dollars in April of 1995, the search engine was off and running. The company soon became publicly traded on the stock market for $13.00 a share. Yahoo! sold 2.6 million shares and raised $33.8 million dollars for its budding enterprise in the 1990's.

Since the 1990's, Yahoo! has changed the way we surf the web. Yahoo! has expanded its empire by launching their own e mail service, game site and advertising divisions. This valuable search tool has not only revolutionized the internet and the way we use it in the present day, it has also remodeled a simple thought into one of the crucial acknowledged model names all through the world.

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