Jerry
Yang, Chief Executive Officer of
Yahoo.
Television International
Magazine's "Person of the
Month" --
March
2008.
As
Yahoo has grown into a
world class power house, so has
Yahoo's CEO Jerry Yang CEO and
Chief Yahoo!
Jerry Yang, a Taiwanese
native raised in San Jose,
Calif., co-created the Yahoo!
Internet navigational guide in
April 1994 with David Filo and
co-founded Yahoo! Inc. in April
1995.
Mr. Yang was appointed
chief executive officer of Yahoo
in June 2007. Yang, a leading
force in the Internet media
industry, has been instrumental
in building Yahoo! into the
world's most highly trafficked
Web site and one of the world's
most recognized brands.
Since the company's
founding, Mr. Yang has been a key
member of the executive
management team. His focus at
Yahoo! over the years has
included corporate growth
strategy.
Yang's technology-business
vision, is feature in its most
recent strategic business
partnerships and international
joint venture formed with
China's
Baidu,
and Microsoft's "take-over" offer
for $45-Billion to expand it's
Internet - WiFi presents.
CONTINUED
TVI Magazine is not responsible for the
content of external InterNet sites Continued02
2002
- May-June -
EDITORS
NOTE
/ Yang speaks out.
"In
an Interview with Sabeer Bhatia, Yang said
that: In 1995, I became fascinated
with the new websites popping up during
the early days of the Internet. One of
them was
http://akebono.stanford.edu/~yahoo.
Created by two Stanford students, Dave
Filo and an expat Taiwanese named Jerry
Yang, the site was a directory of other
websites, organized as a list of useful
topics. It was meant for the students'
friends, but everyone was hungry at that
time for a guide that helped make sense of
this chaotic new medium, so Yahoo! quickly
became essential for all Web users. Soon
we heard that America Online was
interested in acquiring Yahoo! for a small
sum that would seem quaint today. Yang
(who was born in Taipei but moved to San
Jose at age 10 with his widowed mother)
rejected AOL's offer. Instead, he took a
venture-capital investment and followed
his
dream.
It was a bold step, but Yahoo! was
already on its way to becoming the next
great Internet company after Netscape.
Unlike Netscape, however, Yahoo! was not a
software company. It was a media company.
Access was free. Advertising paid the
bills. I was inspired by this. With
partner Jack Smith, I started my own
Internet company, Hotmail&emdash;a free,
Web-based, ad-supported e-mail system that
quickly became the world's largest e-mail
service provider. In 1997, Microsoft
purchased Hotmail for $400
million.
Many doubted the Internet could be a
useful vehicle for commerce. But Yang and
his fellow Yahoos ignored the naysayers
and built the world's most-trafficked
website, which today has annual revenues
of roughly $6 billion. Thank you, Jerry,
for showing us the way.
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2008
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