Life at Yahoo
The two founders of Yahoo!, David Filo and Jerry Yang, were Ph.D. candidates in Electrical Engineering at Stanford University when they began building their guide to the web in February 1994 as a way to keep track of their personal interests on the Internet. Before long, they were spending more time on their home-brewed lists of favorite links than on their doctoral dissertations. Eventually Jerry and David's lists became too long and unwieldy, so they broke them out into categories. When the categories became too full, they developed subcategories and the core concept behind Yahoo was born.
Jerry and David soon found that they weren't alone in wanting a single place to find useful websites. Soon hundreds of people were accessing their guide from well beyond their Stanford trailer. Word spread from friends to what quickly became a significant, loyal audience throughout the closely knit Internet community. Yahoo celebrated its first million-hit day in the fall of 1994, translating to almost 100,000 unique visitors.What's in a name, anyway?
The site started out as "Jerry and David's Guide to the World Wide Web," but received a new moniker with the help of a dictionary. The name Yahoo is an acronym for "Yet Another Hierarchical Officious Oracle," but Jerry and David insist they selected it because they liked the general definition of a yahoo: "rude, unsophisticated, uncouth."