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Who are the founders of Yahoo?

Nowadays, the number of people who access the World Wide Web continues to increase rapidly. There are many new websites which are exploding in the Internet world every day. One of the most famous websites which provide various services is Yahoo. However, how many people know who the founders of this site are ?

Yahoo was founded by David Filo and Jerry Yang in April 1994. David Filo is American. He finished Bachelor's Degree in Computer Engineeringat at Tulane University in 1988 and continued studying for a Master's Degree in Electrical Engineering at Stanford University. Jerry Yang is Taiwanese. However, he and his family moved to the United States when he was only ten year old. He was raised and grew up in San Jose, California. In 1990, he entered Stanford University and could finish both Bachelor's and Master's Degree in Electrical Engineering within only four years 1.

Yahoo stands for "yet another hierarchical officious oracle". It initially started in Filo's and Yang's campus trailer. At that time, it was called "Jerry and David's guide to the World Wide Web". Both of them decided to build this website on the Internet just as a personal interest. During the initial time, only the two founders and a few other students at Stanford University used it. About few months later, people from the surrounding area and universities began using it. As a result of the number of visitors, which increased rapidly, David and Jerry realized that it was not suitable to use the university's resources. Therefore, they decided to move Yahoo to Netscape facilities in early 1995 and established the company in March of the same year. Today Yahoo has its headquarters in Sunnyvale, California and has offices in Europe, Asia, Latin America, Australia, Canada and the United States 2.

Yahoo is like other businesses, which need revenue and profits. Yahoo's main profit comes from advertising such as premium listings. "Yahoo served 3,795 advertisers during the fourth quarter of 2001 including more than 1,842 clients outside the United States" 1 . Yahoo, in addition, can also make money through other business such as extra mail storage, Yahoo Hosting, Yahoo Auctions including Yahoo stores. Yahoo today is growing rapidly as chief executive officer Terry Semel said "3.5 million users now pay for Yahoo services, making it the most rapidly growing group within Yahoo. The total global audience reached by Yahoo in 2002 is 236 million users-up from 196 million a year ago" 3.

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References

[1]  History of Yahoo URL: http://www.akamarketing.com/yahoo-feature1.html [14 August 2003]
[2]  The history of yahoo!-how it all started URL: http://docs.yahoo.com/info/misc/history.html
     [14 August 2003]
[3]  Yahoo reports largest revenue figures so far.
     URL: http://www.computerweekly.com/Article123311.html [22 August 2003]