Yahoo! turned 15 years old this week.
Yahoo! was started by David Filo and Jerry Yang both Ph.D students at Stanford University. It was originally a student hobby as a way to keep track of their personal interests on the internet; It started life in February 1994 in a student trailer and now is a global brand. Once called “Jerry and David’s Guide to the World Wide Web” it is of course now know as Yahoo! which is an acronym for “Yet Another Hierarchical Officious Oracle”
People from outside of Stanford began accessing their guide and by autumn 1994 it celebrated its first million hiy day which was almost 100 thousand unique visitors and by March 1995 the founding members incorporated the business. By the next month, Sequoia Capital, (who has invested in Apple Computer, Atari, Oracle and Cisco Systems) agreed to fund Yahoo! with an initial investment of nearly $2 million.
As stated on Yahoo!’s webiste, it is now a leading global Internet communications, commerce and media company that offers a comprehensive branded network of services to more than 345 million individuals each month worldwide.
Yahoo! has its HQ in Sunnyvale, California with offices in Europe, Asia, Latin America, Australia, Canada and other parts of the United States.
cake is from filckr