What Does Yahoo! Stand’s For:
Yahoo! Stands for – Yet Another Hierarchy of Officious Oracle.
Hierarchical: How the Yahoo database was arranged in layers of subcategories.
Oracle: Source of truth and wisdom.
Officious: Many office workers who would use the Yahoo database while surfing from work.
Yahoo is an American Web Service Provider.
Founded On: January 1994
Incorporated on: March 2, 1995.
HeadQuarter: Sunnyvale, California.
Net Worth: $4.8 billion?
Yahoo! Services: Yahoo! provides numerous services like
A web portal, search engine Yahoo! Search, and related services, including Yahoo! Directory, Yahoo! Mail, Yahoo! News, Yahoo! Finance, Yahoo! Groups, Yahoo! Answers, advertising, online mapping, video sharing, fantasy sports, and its social media website.
They Created a website “Jerry and David’s Guide to the World Wide Web”,
which was renamed as Yahoo in April 1994. It was a directory of other websites organized in a hierarchy.
Yahoo! grew quickly during the 1990s. By the end of 1994, yahoo! had received already a million hits; thus, Yang and Filo realized their website’s potential and incorporate it on March 2, 1995
Yahoo! raised $3 million on April 12, 1996, with two rounds of venture capital.
Why there is an exclamation (!) mark at the end of Yahoo!:
Previously, Yahoo! was trademarked for Barbecue sauce, so to get control of the trademark they added exclamation mark on the name.
Before Google or Facebook, Yahoo was the king of the internet.
Yahoo’s one of the Biggest Mistake was Refusing to buy Google for just $1 million.
Some mistakes have done from Yahoo!
Failing to buy Google:
Today Google is the giant company worth $500 billion and the biggest competitor for Yahoo!.
Yahoo! had a chance to turn the tables by buying Google for only $1 million, but Yahoo! had failed to measure google’s potential.
Failing to buy Facebook:
According to the book Facebook Effect Yahoo! also failed to buy Facebook when it lowered the offer from $1 billion to $850 million.
Facebook declined that offer under 10 minutes.
Refusing Microsoft acquisition:
Microsoft had shown interest to buy Yahoo! for $44.6 billion in 2008, but the company refused it.
So this is Some information on Yahoo! founder for more information like this visit: Who is section.