 |
David FiloCo-founder and founder of the global company Yahoo!
Date of Birth: 20.04.1966
Country:  USA |
Content:
- Early Life and Education
- Founding Yahoo!
- Company Growth and Expansion
- Dot-Com Bubble and Recovery
- Global Recognition and Acquisition Offers
- Current Status
Early Life and Education
David Filo was born in Wisconsin in 1966. He moved with his family to Moss Bluff, Louisiana, and then to the Lake Charles suburb. After graduating from high school, he enrolled at Tulane University, where he earned a Bachelor of Science in Engineering and Computer Science with honors. Filo subsequently pursued further studies at Stanford University.
Founding Yahoo!
Together with Jerry Yang, Filo co-founded and established Yahoo! in 1995. Initially known as "Jerry's Guide to the World Wide Web," their website featured catalogs containing listings of other sites. While pursuing their graduate degrees, they realized the potential of their creation and incorporated it as a company.
Company Growth and Expansion
Yahoo! quickly rose to prominence as a popular search engine and web portal. The company expanded its operations into various sectors, including television with the launch of its national Dialup service. In 2004, Yahoo! adopted its own search technology, ending its reliance on Google Inc.
Dot-Com Bubble and Recovery
In 2000, Yahoo! was affected by the dot-com bubble and briefly went offline. However, it emerged as one of the few companies to survive the dot-com crash. Yahoo! continued to grow and expand, weathering the economic turbulence.
Global Recognition and Acquisition Offers
Yahoo! became a highly sought-after target for global corporations. In February 2008, Microsoft offered to purchase the company for $44.5 billion. The offer remained under consideration by Yahoo! management and shareholders.
Current Status
David Filo is a billionaire entrepreneur with an estimated net worth of $2.9 billion according to Forbes. Yahoo! remains a prominent American company, known for its search engine, web portal, and various other services. Filo's contribution to the world of technology and the internet has left a lasting legacy.
