Yahoo

The Glory That Was Yahoo

There was a time when yahoo conquered the internet world!

The Glory That Was Yahoo

[Photo: Flickr user Jennifer Morrow]

The Stanford graduate students Jerry Yang and David Filo had never thought that their hobby will become one of the biggest internet companies at the time i.e. Yahoo!

After 22 years of its glorious journey, Yahoo! agreed to sell its core operating business to Verizon in which Forbes quoted “the saddest $5 billion deal in tech history“.

But at the time, it was one of the most popular and valuable internet company before today’s giant Google, Facebook. Yahoo! worth $125 billion at its height.

Jeremy Ring, who was a top sales executive at Yahoo, quoted “We were worth more than Ford, Chrysler, and GM combined. Hell, we were worth more than Disney, Viacom, and News Corp combined. Each of those great American brands could have been swallowed up by us.”

Yahoo started expanding its hand by the acquisition of web search engineNet Control” in the year of September 1997 at US$1.4 million and the acquisition never stopped.

In the 1990s, There was no player who can beat Yahoo and it added other services, like Yahoo mail, Classified, Travels, Yahoo games, shopping, and many other services. With time, many of the services discontinued and some are still serving awesome.

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Awesome post! Keep up the great work! 🙂

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