Chief turned: Jerry Yang farewell yahoo

Source: Internet
Author: User
Keywords Yahoo Yang Zhiyuan Internet become Microsoft

Sino-Cloud Network news US local time January 17, Yahoo co-founder Jerry Yang announced the resignation of all the positions of Yahoo, including board directors, Alibaba Group directors, as well as Yahoo Japanese directors, even the "Chief of the Yahoo" letter also resigned. In a letter to Roy Bostock, Yahoo's chairman, Bostock said: "From the time I was created, I worked at Yahoo, which included some of the most exciting and memorable experiences of my life." But for me, it's time to look for other interests outside of Yahoo. ”

In April 1994, 26-Year-old Jerry Yang gave up his Ph. D. and David Fello founded Yahoo, 1996 Yahoo listed. Yahoo once became the symbol of the internet age, is a synonym for the network age miracle. So Jerry Yang is also known as the "Century Network first person", opened the human network era. 2007, Jerry Yang again to take the palm of Yahoo ceo;2009 years, Jerry Yang resigned ceo;2012 years, Yang quit Yahoo all job.

April 2011 Jerry Yang visited Cloud base

All the while, Jerry Yang is accustomed to wearing jeans and T-shirts in well-dressed people, at the forefront of it technology and innovation. "Jerry Yang founded Yahoo, is the real pioneer of the Internet, he is proficient in technology product strategy, humble, at Yahoo respected staff, his leadership and Ali's cooperation, now become Yahoo's most valuable asset." "Lee Kai-fu, chairman of Innovation Factory, commented on Weibo." Bostock's statement, praised Jerry Yang's vision, innovation and dedication, always for Yahoo employees, shareholders and the best interests of 700 million of users.

Yahoo's success, and Jerry Yang's painstaking work is inseparable. Clear and quick thinking, tireless for the cause of hard work, making him in the fierce competition, the Giants gathered in the IT industry, stand out! Approachable style, modest and prudent way of life, but also to the public left a deep impression.

From the start, to Yahoo to become a global well-known companies, the Internet interest and perseverance of the spirit is the main factor to lead Jerry Yang's success. And Yahoo's growth period, there have been many companies said they want to buy Yahoo, and gave a very favorable conditions. AOL has approached the door to buy Yahoo and threatened to prop up other companies to replace Yahoo's position. But Mr Yang, after careful consideration, rejected the takeover request. In the days since then Yahoo has also been growing, and become one of the largest Web sites in the United States. Jerry Yang has said that creating and maintaining Yahoo is a pleasure.

But in May 2008, Microsoft was interested in 33 dollars per share, the total price of about 47.5 billion U.S. dollars to buy Yahoo, Jerry Yang refused. This was his biggest failure in many shareholder and media reviews. "Jerry Yang's personal complex and the maximization of shareholder benefits multiple conflicts, the rejection of Microsoft 45 billion offers and Yahoo privatization more let Jerry Yang become the target." An overseas review said. "Jerry Yang is a very good entrepreneur with passion and talent. But he is not an advantage of the manager, the problem is that he too love Yahoo, the Yahoo as their own children, too emotional and lost direction. A Weibo netizen commented.

About Yahoo, a former employee said: I think Yahoo technology is very cow, but business model not, turn too slow, missed the search,social receptacle two major trends, it is regrettable. and January 4 this year, Yahoo named former PayPal (PayPal) company president Scott Thompson as the new CEO, I hope he can lead Yahoo to make changes. "I am delighted with the appointment of Scott Thompson Scott Thompson as CEO, and his ability, combined with the entire Yahoo leadership team, will lead Yahoo to a more exciting and successful future." Yang said in his farewell letter.

"It must be hard for the founders to leave the company that has worked so long. "The Wall Street Journal Chinese editor Sanli's microblog said. "Salute Jerry Yang!" to all who have changed the world! ";" This is the end of an era. He is the first generation of the internet hero, is Silicon Valley's most dazzling star. "Remember my first email address is Yahoo, he is a Chinese idol." "Many netizens and Weibo comments have said: Jerry Yang is a model of the Chinese people!" Mr Yang's resignation marks a complete end to an Internet ERA! But the process is the reward, he founded the historical light of Yahoo, is never be erased.

"Their contribution to the world is much more than the creation of the world's largest Internet portal, Yahoo, and, more importantly, the development of the Internet as the world's most respected game rules-open, free and profitable." A Weibo Netizen said. Ho, dean of the Institute of Science and Technology management at the Graduate School of Chinese Academy of Sciences, said: "Yang is the pioneer of Internet, has made outstanding contribution to the popularization and development of Internet, although failed to grasp the new development opportunity of the Internet and realize the evergreen of Yahoo, still be a true hero."

In an interview, Jerry Yang once said: "I am not afraid to lose, even if I fail, I have the courage to come back." "Hope this words, still illuminate his future road."

Jerry Yang said: "I know I will always play the brand of Yahoo." "Here are the events of the past 17 years between Jerry Yang and Yahoo:

In 1994, Jerry Yang and another Yahoo co-founder, Filo David Filo, founded a favorite novel index site at Stanford University. The service quickly became popular--like Netscape at the time--as a sign of the early beginnings of the Internet.

1995: Jerry Yang and Stanford University engineering graduate student Filo from school, set out to develop the Internet navigation Guide, and founded Yahoo in April 1995. Mr Yang moved with his family from Taiwan to San Jose, California, when he was only 10 years old.

1996: Jerry Yang and Ferro are leading Yahoo on the market. Yahoo's listing makes Jerry Yang and Ferro a millionaire at the age of more than 20. At that time, both of them gave themselves the "Chief of the Yahoo" seal. Today, Yahoo's share price has risen more than 1000% per cent from the initial public offering. (since Google's IPO in 2004, the company's share price has risen 480%.) )

2007: Jerry Yang, 38 years old, once again, took over from Semel (Terry Semel) as CEO of the company. Semel joined Yahoo 6 years ago to help Yahoo grow into a media and entertainment brand company.

2008: After Yahoo rejected Microsoft's takeover offer, Microsoft made a public takeover of Yahoo. Microsoft submitted a takeover offer of 44.6 billion dollars to Yahoo. After months of negotiations, Microsoft announced it was abandoning its bid to buy Yahoo. Some investors later complained that Mr Yang's reluctance to trade with Microsoft led to the eventual miscarriage of the deal.

2009: As investors continue to be blamed for failing to sell Yahoo, Jerry Yang announced his resignation as Yahoo's chief executive, with Bartz (Terry Semel) as his successor. Bartz was dismissed by Yahoo last year and has less than two years to serve.

(Responsible editor: Lu Guang)

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