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Sep 30, 2014 · Nine years ago, before Yang was CEO of Yahoo, he spent $1 billion of Yahoo's money for 30% of Ma's company.
Jun 21, 2024 · Before Yahoo went public in 1996, it had priced its initial public offering at just $13 a share, but investor enthusiasm was rampant.
In 2005, under Yang's direction but before he took over as CEO in 2007, Yahoo! purchased a 40% stake in Alibaba for $1 billion plus the assets of Yahoo! China, valued at $700 million. [4] In 2012, Yahoo! sold a portion of its stake in Alibaba for $7.6 billion. [14] The company made an additional $9.4 billion in Alibaba's 2014 IPO. [15]
He initially turned down a $40 billion acquisition by Microsoft, was eventually ousted as CEO, and Yahoo!’s long slide continued. It’s hard to assess his legacy: On the one hand, that Microsoft deal would have been far larger than Yahoo!’s eventual sale to Verizon.
Oct 18, 2023 · Together they co-founded Yahoo! Inc. in 1995 and dropped out of their doctoral program. He served as the CEO of Yahoo from 2007-2009. Years later, amidst a few twists, turns & criticisms, Jerry stepped down as the CEO of Yahoo and remained on the board of directors.
- Taipei, Taiwan
- Master of Science, Stanford University
- November 6, 1968
- American
Mar 21, 2018 · In July 2016, 22 years after it began as a hobby for Stanford graduate students Jerry Yang and David Filo, Yahoo agreed to sell its core operating business to Verizon in what Forbes writer...
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Mar 1, 2015 · Yahoo was not immune to catching the fever and going on a spending spree. Yahoo purchased a company called Four11 for a comparatively cheap $94 million, and turned its service, RocketMail, into Yahoo Mail.
