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Paul Boutin

Yahoo corporate blog romanticizes the pre-layoff era

Paul Boutin, The Industry Standard03.06.2009
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Ah, those were the days -- March 1995, when Stanford students Jerry Yang and David Filo officially incorporated Yahoo. It took them another six months to get around to writing a business plan. Yahoo's corporate blog shares some of the 1995 photos and an important cultural touchstone: When Yahoo incorporated, Jerry Garcia was still leading the Grateful Dead. (Garcia died on the day of Netscape's IPO -- August 9, 1995.)

Look closely at the photos for some other artifacts from that era: Filo's bare feet and ripped jeans, Yahoo's gray 1995 homepage (with 31,897 entries), the X-Files photo tacked up on a cubicle wall, the stack of music CDs, and Yang's easygoing smile. Remember those?

 


Oracle Corp. announced that it will buy software company Sun Microsystems Inc. for $7.4 billion, after a deal between IBM Corp. and Sun fell through. IBM was in talks and appeared on the verge of closing the deal, but negotiations fell apart. Now it will become half of Oracle Sun, but it will likely mean layoffs, as any large merger usually does. Payday loans to buy stock in Oracle may not be the greatest idea, since the stock has dropped almost a dollar since the news broke. However, this goes a long way for credit repair for the Sun sale, into Oracle Sun.


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