Notes
Outline
David Filo and Jerry Yang
By Lynn Schaible
A trailer and pizza boxes...
Yahoo! Began in a small trailer on Stanford University’s campus
bored with working on their electrical engineering dissertations, Yang and Filo began keeping track of their favorite web sites (late 1993)
Beginnings...
through word of mouth, what became known as “Jerry’s Guide to the World Wide Web” reached its first million-hit day (fall of 1994)
By 1995, the list became known as Yahoo!
Yahoo! Now serves over 100 million web users
Jerry Yang
Born in Taipei, Taiwan in 1968
moved to San Jose, CA at age ten
finished his bachelor’s and master’s     degrees in just four years at Stanford University (1990)
was only a few months away from finishing his Ph.D. in electrical engineering when Yahoo was created
currently serves as Director and Chief Yahoo!
Jerry Yang
Was ranked 32 on Forbes Technology’s
richest list in 1997
was worth more than $800 million
in May 1998
David Filo
An introvert who shies away from the public eye
born in Moss Bluff, LA
studied Computer Engineering at Tulane University
working on his Ph.D. in electrical engineering at Stanford when he met Yang
serves with Yang as Chief Yahoo!
Management Philosophies
Actively involved in the running of Yahoo!
Change is necessary
keep an open mind
“We don’t get people to come to the site by saying we have 10 million Web sites and our competitor has nine million.  We’re not going to get them here by saying our response time is faster.  We’re going to get them based on an emotion, based on the idea that they’re going to have fun, or that they’re going to solve a problem they’ve never been able to solve before.”--Yang
Yahoo!
Employs about 120 people
more than 350 companies advertise on Yahoo!
Advertising-based
Career Path
Late 1993--began tracking web sites
Fall 1994--first million-hit day
January 1995--Sequoia Capital invested $ 2 million
On August 1, 1995 Yahoo officially became a business
April 12, 1996--sold stock to the public
May 2000--reached an audience of about 100 to 120 million users a month
Facts About Yahoo!
Where the name came from…
Yet Another Hierarchical Officious Oracle
creatures in Gulliver’s Travels
The day they opened stock for trading was Nasdaq’s second-biggest first-day gain ever
All the conference rooms at Yahoo are named after Ben & Jerry’s ice cream flavors
In conclusion...
Filo and Yang are successful due to luck, intelligence, flexibility, and creativity
industry pioneers