Saturday, August 8, 2009

YAHOO

Yahoo founded in 1995 a year before google in Santa Clara California.founded by Jerry Yang and David Filo. yahoo is one of the giant in search world. at the close of 1994, search engine had already received more than one million hits.
This the time so Yahoo domain was created on January 18, 1995. ,On April 12, 1996, Yahoo! had its initial public offering, raising $33.8 million, by selling 2.6 million shares at
$13 each.Yang and Filo found that their website had
massive business value, and on March 1, 1995
Yahoo! was started. On April 5, 1995, Michael
Moritz of Sequoia Capital provided Yahoo with two rounds of venture capital, raising approximately $3 million. Web portal providers rushed to acquire companies
to expand their range of services, in the hope of increasing the time a user stays at the portal.

Like many search engines and web directories, Yahoo diversified into a Web portal. In the late 1990s, Yahoo messanger was a massive hit
Yahoo,
MSN, Lycos, Excite and other Web portals were growing rapidly.

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