The story of Jerry Yang and Yahoo Entrepreneurship

Yang Zhiyuan was born in 1968 and belongs to the monkey.

Unlimited online business opportunities, the wise are the first to board;

Yahoo！ What is the meaning? Who is the world's largest media company?

Doctoral student in the Department of Electrical Engineering at Stanford University, the brothers are in the same department and major;

His name is Jerry Yang, he had nothing a few years ago and is now a billionaire;

Reuters and Yahoo join forces;

Yang said that doing this work, there is a feeling of jumping off a cliff;

Yahoo is no longer just a symbol of online culture, but also a symbol of mass culture;

Yahoo launched an assault on Time magazine, the world's number one media outlet.

Navigating the vast sea of information on the Internet is certainly not possible without the right navigation tools. The savvy people who were the first to develop these tools are now well rewarded.

Jim Clark and Mare Andressen, who developed Navigator in 1995, went public with stock, bringing Clark's fortune to $565 million and Andison to $58 million. This article is about "Yahoo!" The company has had an equally brilliant experience. Yahoo Shares went public on April 12, 1996, opening at $13 per share, and due to the overwhelming demand, the price was quickly pushed to $24.50, reaching a peak of $43 per share, and finally closing at $33 per share. Yahoo's market value on the day of its listing was $850 million, 200 times higher than the estimated value of a year's predecessors.

Netscape and Yahoo both deal with the web, but there are significant differences. Netscape has developed a user-friendly and practical World Wide Web software through which users can browse www web pages around the world and so on, and its success is somewhat expected. While Yahoo has never independently developed any new software and hardware products in the strict sense, "Yahoo" is just an ordinary web search engine, which at the beginning provides only a "directory" of information, which exists on the Internet in the form of www.yahoo.com. However, this distinction is worth noting, and this distinction fully illustrates a feature of the era of the "knowledge economy": the reorganization of knowledge and information will produce huge economic benefits.

1, Yahoo: a resounding name

Now Yahoo is one of the most famous brands in the world, worth at least billions of dollars as an intangible asset. But it comes from an interesting origin, when Jerry Yang and his friend David Filo made up names for their "products" one night in a dilapidated activity room flipping through Merriam-Webster's dictionaries. Among them, "Ya" is taken from the surname of Yang Jerry, who had imagined a series of possible names such as Yauld, Yammer, Yardage, Yang, Yapok, Yardbird, Yataghan, Yawn, Yaxis, etc. Suddenly they thought of the combination of Yahoo, and then quickly opened the Webster English dictionary at hand, and found that this word came from Swift's "Gulliver's Travels", referring to a vulgar, low-level humanoid animal. It has all kinds of vices of man. The word is obviously not very elegant, but when you think about it carefully, "use it in the opposite sense" On the Internet, which emphasizes equal rights, everyone is a countryman. To add a positive color, an exclamation point was added to the back, so there was "Yahoo!" ”。" That's right, great, that's it, it's an oracle! “