The rise and fall and rise again of Yahoo!, the dot-com underdog – Proactive Investors USA
In an alternate timeline, “let me yahoo it” would be the metonymic phrase used to settle arguments between friends.
Of course, Alphabet’s Google search engine pipped yahoo! To the post on that one, but UK readers may be surprised to hear that yahoo! still ranks among the world’s most popular online portals for news and entertainment.
Looking back on yahoo!
Established in 1994 by Stanford University pals Jerry Yang and David Filo, yahoo!’s story is a unique one.
Originally launched as a rudimentary web search portal – the world’s first mainstream one, in fact – yahoo! Was both a benefactor and a victim of the late-90s dot-com bubble.
When the group went public in 1996, Yang and Filo saw their new worths soar to unimaginable heights as yahoo!’s stock price increased sevenfold in just two years.
To get a sense of just how big a deal yahoo! Was, its market capitalisation capped out at US$125bn in 1999, just as the bubble was ready to burst.
This peak valuation was an incredible 13,800%…
The post The rise and fall and rise again of Yahoo!, the dot-com underdog – Proactive Investors USA first appeared on SEO, Marketing and Social News | OneSEOCompany.com.
source: https://news.oneseocompany.com/2023/07/04/the-rise-and-fall-and-rise-again-of-yahoo-the-dot-com-underdog-proactive-investors-usa_2023070447176.html
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.