Posts Tagged 'david filo'
Happy 15th Birthday Yahoo! from Jerry and David!
Posted March 1st, 2010 at 9:45 pm by Lucas Mast, Blog Editor
1,320 Comments » / Filed in: Uncategorized
We want to share our pride, gratitude and excitement on this 15th birthday, with all Yahoo! users (600 million of them), customers and partners. It continues to be an incredible ride for the two of us, as well as for thousands of Yahoo! employees we have had the privilege of working with over the years.
We’ve had the unique opportunity to help create an industry and shape the online world, and will continue to focus on the values that brought us here —working hard, having fun, being passionate about your ideas, believing in each other, and always trying to invent the future. And as we celebrate 15 years today, we are even more excited than ever about what lies ahead, and the potential of Yahoo! and the Internet.
Of course, we didn’t set out to start one of the world’s largest Internet companies or be leading a movement that has changed the world. We were just a couple of Stanford graduate students doing our research (supposedly) while our professor was on sabbatical.
More interesting than our research was our total fascination with the web and all the cool stuff it suddenly made available. But it was incredibly hard to keep track of the thousands of great websites sprouting up everywhere. We thought it would be fun to catalog the sites by developing a simple directory. So all this began with nothing more than a hobby to help other early Internet users.
Amazing things happen when we’re doing what’s fun.
We soon learned a huge lesson just as relevant today as then: change and growth on the Internet happen at warp speed—especially if you’re filling a need. With the proliferation of websites and with hundreds of thousands of people accessing our guide, it was simply impossible for us to continue doing this on our own.
Taking big steps takes belief in yourself—and in others.
After many late nights and a lot of pizza, we decided to take the big leap, turn our hobby into a business, raise money and devote ourselves totally to building a company. This was no sure thing. For example, 15 years ago, we wanted a free service that was ad-supported. But the conventional wisdom was that our business needed to be subscription-based. Few people thought that advertising could be the key revenue generator for the Internet. Of course, the conventional wisdom was wrong and so today we know that August, 1995, the month our first ad went live, was a critical milestone in the history of Yahoo!, as well as the history of the internet.
Focus on the future: it still looks phenomenal.
Internet growth continues to be simply phenomenal, and we’re nowhere near done. Fifteen years ago, there were 18,000 web sites and fewer than 10 million people globally on the Internet—less than one third of a single percent of the world’s population at the time. Today there are more than 200 million websites with 90,000 created daily. There are estimated to be 1.6 billion people on the internet today—about 25 percent of the world’s population.
These numbers are astonishing, but even more important and more exciting is the impact that the Internet is having on so many people around the world. From socio-economic opportunities to more accessible health care to educating the next generation and beyond, the Internet has changed the way we live, work and learn. It has overcome geographic and political barriers and has made it possible for people to raise their voices as they seek greater economic opportunity and freedom. And Yahoo! has been a leader in enabling these tremendous technological advancements every step of the way.
Let’s aim to be even prouder fifteen years from now than we are today!
All this in just 15 years. Yahoo! has been built by thousands of dedicated employees, hundreds of millions of loyal users and scores of advertisers who envisioned a future that was exciting, challenging and at times daunting. To work in the sandbox that is Yahoo! and the evolution of the Internet is truly amazing.
And yet as fast as the Internet and Yahoo! have grown and as remarkably our lives have changed, we are just at the beginning of this great transformation.
The Internet still has enormous and untapped potential. There are billions of more people we need to drive online, and then provide them with relevant content and opportunities that they’ve never dreamed about before.
We are confident that 15 years from today, we will look back in marvel at how far you, and the Internet have traveled in such a short time. Just as we are doing today.
Jerry Yang and David Filo
Co-Founders & Chief Yahoos
Tagged: 15th, birthday, david filo, jerry yang, yahoo
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