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A Temporary History Of Yahoo

A Temporary 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 got here 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 the most hits would show up first. This new process was organized by recognition versus searching through an index of pages that would take several minutes and in some cases even hours to find the data that one was trying for. Thus, the way engines like google worked on the internet, was changed forever.

Before the end of 1994, Filo and Yang's web site had received over one million hits. On the lookout for a catchier name for their now popular web site, the pair changed the name in April of 1994 to "Yahoo!". Filo and Yang liked the word's common definition, which came from an imaginary race of people within the classic 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 finest fit their new form of search engine, since it was so unconventional when compared to different serps of the early 1990's. On January 18, 1994 the domain name yahoo.com was official.

For the reason that trademark name "Yahoo" was utilized by many firms for products similar to knives, personal watercraft and barbeque sauce, the 2 decided to make use of 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! since it has become a household name.

Yang and Filo fully soon realized that with over 1,000,000 hits under their belt, that Yahoo! had an amazing business potential. Yahoo! grew to become incorporated on March 2, 1995. As soon as the company obtained two rounds of venture capital from Michael Moritz of Sequoia Capital in 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.eight 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 email service, game site and advertising divisions. This valuable search software has not only revolutionized the internet and how we use it at the moment, it has also reworked a easy thought into one of the vital recognized brand names throughout the world.

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