Two Electrical Engineering graduate students at Stanford University in January of 1994 created a website named "David and Jerry's Guide to the World Extensive 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 popularity as opposed to searching by an index of pages that could take several minutes and in some cases even hours to search out the information that one was looking for. Thus, the way search engines like google and yahoo worked on the internet, was changed forever.

Earlier than the tip of 1994, Filo and Yang's web site had received over a million hits. On the lookout for a catchier name for his or her now fashionable web site, the pair changed the name in April of 1994 to "Yahoo!". Filo and Yang preferred the word's general definition, which got here from an imaginary race of individuals in the basic novel "Gulliver's Travels" by Jonathan Swift. These characters called "Yahoo" embodied many negative traits corresponding to being rude, uncouth and unsophisticated. The founders thought this time period greatest fit their new form of search engine, because it was so unconventional when compared to other search engines 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 such as knives, personal watercraft and barbeque sauce, the 2 determined to make use of an exclamation level to the name. Sadly the exclamation level is usually left off of the tip of the name when one is referring to Yahoo! because it has change into a household name.

Yang and Filo fully soon realized that with over one million hits under their belt, that Yahoo! had an incredible enterprise potential. Yahoo! became incorporated on March 2, 1995. As soon as the company obtained rounds of venture capital from Michael Moritz of Sequoia Capital within the sum of three million dollars in April of 1995, the search engine was off and running. The corporate 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 electronic mail service, game site and advertising divisions. This valuable search software has not only revolutionized the internet and how we use it as we speak, it has additionally transformed a simple idea into one of the crucial recognized model names all through the world.

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