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A Brief History Of Yahoo

A Brief History Of Yahoo

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 other web sites on the internet. Their web site offered a list of links that when a key word was entered, the one with probably the most hits would show up first. This new process was organized by recognition as opposed to searching by means of an index of pages that could take a number of minutes and in some cases even hours to seek out the knowledge that one was looking for. Thus, the way search engines like google worked on the internet, was changed forever.

Earlier than the top of 1994, Filo and Yang's web site had acquired over one million hits. Searching for a catchier name for his or her now well-liked web site, the pair changed the name in April of 1994 to "Yahoo!". Filo and Yang appreciated the word's normal definition, which came from an imaginary race of people in the classic novel "Gulliver's Travels" by Jonathan Swift. These characters called "Yahoo" embodied many negative traits comparable to 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.

Because the trademark name "Yahoo" was utilized by many companies for products equivalent to knives, personal watercraft and barbeque sauce, the two determined to make use of an exclamation point to the name. Sadly the exclamation level is often left off of the top of the name when one is referring to Yahoo! since it has turn out to be a household name.

Yang and Filo absolutely quickly realized that with over 1,000,000 hits under their belt, that Yahoo! had an amazing enterprise potential. Yahoo! became incorporated on March 2, 1995. Once the company obtained two rounds of venture capital from Michael Moritz of Sequoia Capital within the sum of 3 million dollars in April of 1995, the search engine was off and running. The corporate soon grew to become publicly traded on the stock marketplace 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.

Because 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 how we use it at present, it has also remodeled a simple idea into probably the most acknowledged model names all through the world.

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