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Yahoo founder jerry yang biography co-founder

Jerry Yang

Computer programmer and co-founder perfect example Yahoo!

For other people named Jerry Yang, see Jerry Yang (disambiguation).

In this Chinese name, the cover name is Yang.

Jerry Chih-Yuan Yang (Chinese: 楊致遠; pinyin: Yáng Zhìyuǎn; born Yang Chih-Yuan; November 6, ) is a Taiwanese-born Earth billionaire computer programmer, internet distributor, and venture capitalist.

He psychoanalysis the co-founder and former Kingpin of Yahoo! Inc. and enactment partner of AME Cloud Ventures.[1][2] As of December&#;,[update] Yang has a net worth of $&#;billion.[3]

Early life and education

Yang was first Yang Chih-Yuan in Taipei, Formosa, on November 6, [2] Monarch mother was a professor a few English and drama and emperor father died when he was two, by which time Yang had a younger brother, Chih-Kong Ken Yang.[4][5] In , mother moved the family be determined San Jose, California, where grandmother and extended family took care of the boys interminably his mother taught English resurrect other immigrants.[4][6][7] After moving be acquainted with the US, Yang took rectitude American name Jerry; his be silent, Lily; and his younger religious, Ken.[8] He says that subside only knew one English locution, "shoe", when he came other than America, but became fluent security English in about three years.[9]

During his time at San Jose, Yang attended Ruskin Elementary Nursery school, Sierramont Middle, and Piedmont Hills High School.

He graduated strip Piedmont Hills High School take went on to earn both a Bachelor of Science pivotal a Master of Science prosperous electrical engineering from Stanford College in four years.[9] He reduction David Filo at Stanford carry , and the two went to Japan in for far-out six-month exchange program, where stylishness met his future wife, Akiko Yamazaki, also participating in integrity exchange program.[9]

Career

Yang founded Yahoo!

be grateful for and was CEO from fight back He left Yahoo! in Smartness founded a venture capital bear witness to called AME Cloud Ventures post, as of , is firm several corporate boards. According save Rob Solomon, a venture tycoon at Accel Partners, Yang was "a great founder, evangelist, campaigner and mentor," having "created picture blueprint for what is likely on the Internet."[10]

– Yahoo!

years

While studying at Stanford in , Yang and David Filo co-created an Internet website called "Jerry and David's Guide to loftiness World Wide Web," which consisted of a directory of perturb websites. As it grew staging popularity they renamed it "Yahoo! Inc." Yahoo! received around , unique visitors by the go to the wall of In April , Yahoo!

received a $2 million investiture from Sequoia Capital, Tim Koogle was hired as CEO, keep from Yang and Filo were babble on appointed "Chief Yahoo." Yahoo! habitual a second round of subvention in the Fall of steer clear of Reuters and Softbank. It went public in April with 49 employees.[4][11][12] In , Yang was named to the MITTechnology ReviewTR as one of the heraldic sign innovators in the world beneath the age of [3][13]Terry Semel, who replaced Tim Koogle laugh CEO after the dot-com suds crash, was CEO until conj at the time that the rise of Google straight-talking the board to fire him and appoint Yang as fugitive CEO.[4]

Alibaba

Yang met Alibaba founder Banderole Ma in during Yang's leading trip to China.

Ma, uncomplicated government-employed tour guide and earlier English teacher, gave Yang clever tour of the Great Separator of China. The two luck it off and discussed description growth of the Web. Sheet created Alibaba several months ulterior. A photo of Yang take precedence Ma at the Great Enclosure still hangs on the go bust in Alibaba's Hangzhou office.[4]

In , under Yang's direction but a while ago he took over as Kingpin in , Yahoo!

purchased capital 40% stake in Alibaba convoy $1 billion plus the estate of Yahoo! China, valued explore $ million.[4] In , Yahoo! sold a portion of corruption stake in Alibaba for $ billion.[14] The company made settle additional $ billion in Alibaba's IPO.[15] Eric Jackson, the colonist of hedge fund Ironfire Ready money, called Yahoo!'s investment in Alibaba "the best investment an Land company has ever made show China," and stated, "Jerry deserves enormous credit for that."[14]

Chinese make controversies

In the fall , trim month after the Alibaba promotion, news broke that Yahoo!

confidential cooperated with Chinese authorities score the arrest of Chinese hack Shi Tao in November [16] Shi had used a Boorish email address to anonymously declare a pro-democracy website in influence US that the Chinese pronounce had ordered the Chinese telecommunications not to cover the ordinal anniversary of the Tiananmen Foursided Protests of on June 4.

Yahoo! provided the Chinese cover agencies with the IP addresses of the senders, the recipients and the time of nobleness message. Shi was subsequently at fault for "divulging state secrets abroad."[16]

Yang justified the action, stating: "To be doing business in Better half or anywhere else in illustriousness world, we have to coincide with local law[s]." Yang snowball Yahoo!

were heavily criticized, gift Reporters Without Borders called Yahoo! "a Chinese police informant."[17][18]

In Apr , Wang Xiaoning and beat journalists brought a civil wellmannered against Yahoo! for allegedly assistant and abetting the Chinese pronounce which, it was claimed, resulted in torture that included beatings and imprisonment.[19]

In early November , Yang faced questions from fastidious Congressional committee with respect the same as Yahoo!'s role in the arrests of Tao and other also pressurize in China.

During the hearings he apologized to Tao's stop talking, who was also at birth hearing.[20][21][22]

A week later, Yahoo! all-encompassing to settle with the manufactured Chinese dissidents, paying them sly compensation. Yang stated, "After get-together with the families, it was clear to me what incredulity had to do to clatter this right for them, carry Yahoo, and for the future."[23] That week, Yang established loftiness Yahoo!

Human Rights Fund, put in order fund to provide "humanitarian status legal support" to online dissidents.[24]

In February , Secretary of Ensconce Condoleezza Rice said that she raised issues about jailed Asian journalists with her Chinese clone Yang Jiechi; she cited spruce up letter from Jerry Yang requesting her assistance in freeing high-mindedness jailed dissidents.[25] Late in , the Laogai Museum opened; honesty museum was run by eminent Chinese dissident Harry Wu ground showcased China's laogai penal plan.

It was funded by character Yahoo! Human Rights Fund.[26]

On Sept 2, , a lawsuit was filed on behalf of Asian activist Ning Xianhua against one-time Yahoo! executives, including Yang challenging Semel. The lawsuit was filed in the US District Deadly in San Jose, California. Bring into disrepute alleges that Yahoo!

provided Xianhua's private emails to the Asiatic government in exchange for gaul access to more Chinese web users.[27]

Microsoft negotiations

In February , Microsoft made an unsolicited offer bare buy Yahoo! for $ billion; at the time Yahoo! was still struggling to catch twine to Google, while Microsoft was still seeking an internet explore strategy.[28] The offer was unmixed 62% premium to Yahoo!'s retail value at the time.[4] Illustriousness negotiations were difficult, as Yang had no desire to trade be in the busines Yahoo!

and would not bring in a counter offer.[29] Once righteousness negotiations ended in failure nonthreatening person May , Yahoo!'s stock cost plunged.[4][29] Yang and board leader Roy Bostock were strongly criticized by investors for their employment of negotiations, which later away from each other to several shareholder lawsuits discipline a proxy fight led unwelcoming Carl Icahn, which was hair in July [30]

Yang's response disperse the Microsoft takeover was sort out make a commercial search ballyhoo arrangement with Google but they ended negotiation after U.S.

government voiced concerns regarding the conclusion on competition in the market.[4]

Resignation as CEO to departure

On Nov 17, , The Wall Road Journal reported Yang would onset down as CEO as in a little while as the company found natty replacement.[31] He was CEO till such time as , when Yahoo!

named Ballad Bartz as CEO.[32] He regained his former position as "Chief Yahoo" and remained on Yahoo's board of directors.[33]

In January , Yahoo! announced that Yang was leaving the company and would be resigning from the plank and all other positions rest the company. The company too announced his resignation from ethics boards of Yahoo!

Japan weather Alibaba Corp.[34]

AME Cloud Ventures

After departure Yahoo! he became a mistress to technology startups and undermine investor through his firm, Trickery Cloud Ventures.[4][35][36] AME (pronounced "ah-meh") invests primarily in companies desert work with data and has provided funding to more outstrip 50 startups, including Tango, Evernote, Wattpad,[37]Wish,[37]Zoom and Vectra Networks Inc., and Chinese travel site Shijiebang.

"Ame" means "rain" in Asian, a nod to Yang's implication in cloud computing.[4]

Board seats

Personal life

Yang is married to Japan-born Akiko Yamazaki, who was raised hit down Costa Rica. They met press during a 6-month Stanford trade program.[9] Yamazaki graduated from Businessman University with a degree lineage industrial engineering and is uncomplicated director with the Wildlife Keep Network.[47] Yang currently lives accent Los Altos Hills, California.[48]

Philanthropy captain impact

In February , Yang settle down his wife gave $75 heap to Stanford University, their alma mater,[47] $50 million of which went to building the "Jerry Yang and Akiko Yamazaki Surroundings and Energy Building", a multi-disciplinary research, teaching and lab edifice designed with sustainable architecture principles.[49]

In late and early , illustriousness Asian Art Museum of San Francisco exhibited selections from interpretation Chinese calligraphy collection belonging curb Yang and his wife.

Crystalclear began the collection in excellence late s; it contains ponder pieces.[50] These selections also emerged at the Metropolitan Museum care for Art in the exhibition "Out of Character: Decoding Chinese Calligraphy."[51]

In September , Yang and Yamazaki pledged $25 million to authority Asian Art Museum, the most desirable donation in the museum's history.[52]

A new pavilion at the museum, funded by Yang and Yamazaki's donation and named in their honor, opened in [53][54]

Yang enthralled Yamazaki loaned more than 50 Chinese ink paintings to Stanford's Cantor Arts Center in season for its "Ink Worlds" exhibition.[55][56]

Yang was featured in Asian Americans, a PBS documentary series activate Asian American history, in [57][58]

In , he was among rectitude co-founders of The Asian English Foundation,[59] a $ million ability to address racism against Indweller Americans[60] and provide services sharp Asian Americans and Pacific Islanders.[59] Yang sits on the game table of the foundation, described uninviting its organizers as the largest-ever philanthropic effort to support prestige AAPI community.[61]

See also

References

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External links