Yahoo!

Guide Note:

Incorporated and founded in Sunnyvale, California, Yahoo! is an internet service company providing such products as: news, e-mail, a directory, and a web portal. Yahoo was founded by current CEO, Jerry Yang and David Filo while the two were studying as graduate students at Stanford University. Prior to the advent of competing search engine Google, Yahoo! was the Web's most popular search engine. The company remains a central portal for e-mail and news. On February 1, 2008, Microsoft made an offer to purchase Yahoo! for $44.6 billion. However, this offer was declined by the company because the board felt that the offer was too low.

Early On

The idea of the company was born when Yang started a web page with a listing of his favorite links. By the end of 1994, the website was renamed to "Yahoo!" based on the Jonathan Swift story, Gulliver's Travels. That same year, the company received 1 million unique visitors. A year later, on March 1, 1995, Yahoo! went public.

Yahoo from 2000-2008

At the height of the late 1990s, early 2000 tech bubble, Yahoo was trading in excess of $400 a share. It was also the only company to reach ¥100,000,000 in Japan at the time. In September 2001, Yahoo! stock had plummeted to an all-time low of approximately $4.00 a share. Since then the company has responded to heavy competition with Google by diversifying its product base, cutting internal costs, and making strategic partnerships (i.e. Verizon in 2005).

Fast Facts

  1. Ticker: YHOO (NASDAQ)
  2. Incorporated in 1995
  3. Headquartered: Sunnyvale, California
  4. CEO: Jerry Yang
  5. Sequoia Capital funded
  6. Founders: Jerry Yang and David Filo
  7. Rejected purchase offer by Microsoft for $44.6 billion
  8. In 2000 used Google as default search engine

The Mahalo Top 7

  1. Official Site: Yahoo! | Careers | Corporate Information | Contact | Press Room | Investor Relations
  2. Yahoo! Mail
  3. Everything Yahoo!
  4. Wikipedia: Yahoo!
  5. Blog Post: "Essential Yahoo! Shortcuts" (September 13, 2006)  Lon Harris: Extremely useful!
  6. Silicon Alley Insider: The Yahoo Body Count: Who's Gone So Far (February 18, 2008)
  7. Yahoo! Search Blog

Yahoo! Acquisition News

Yahoo! Financial Info



Yahoo! Recent News

Yahoo! Sites and Services

Shopping

Entertainment

Services

Downloads

Affiliates and Acquistions

Yahoo! Blogs and Message Boards

Yahoo! Books

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