Yahoo co-founder and
Chief Yahoo Jerry Yang is stepping down
after 17 years at the company.
What an amazing ride.And what an amazing accomplishment!
Although some of the commentary surrounding this news will center around Yahoo's challenges and missteps over the past decade, let's not miss the bigger picture:
Yahoo is, by any measure, an extraordinary success story.
17 years ago, Jerry and his fellow
grad student David Filo
started a list of web sites in their dorm room. And 17 years later, that list
has become a global corporation with ~10,000 employees, 700 million monthly
users, a $20 billion market capitalization, and ~$5 billion of annual
revenue.
That's innovation.That's entrepreneurship.
That's Silicon Valley.
That's America.
That, in a word, is awesome.
So, well done, Jerry Yang! All
the best in your future adventures.
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