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The World Wide World: IT Ain't Just the Web ... - Cdn.oreilly.com

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term thing. It’s how we keep and support <strong>the</strong> next generation of engineers and <strong>the</strong><br />

next wave of invention.”<br />

But he’s no starry-eyed idealist: “Suppose, say, Hewlett-Packard hired McKinsey to<br />

help figure this out. IBM would immediately be suspicious. We play a useful role as<br />

<strong>the</strong> outsider, <strong>the</strong> unifying force. No one is going to suspect us of trying to help HP.<br />

But if we can get <strong>the</strong> industry toge<strong>the</strong>r as a whole to sponsor a relief fund, to provide<br />

some kind of cheap, general unemployment and retraining insurance....”In short,<br />

he’s up to his usual tricks – and challenging <strong>the</strong> industry itself to <strong>com</strong>e up with a<br />

solution. “If you guys can invent phones that let me surf <strong>the</strong> Net, take pictures,<br />

download music, and GPS my way around LA, surely you can figure out how to give<br />

your employees <strong>the</strong> security and skills <strong>the</strong>y need to survive in an industry that<br />

changes at warp speed. You figure out how to do it, and we’ll give you <strong>the</strong> arm-twisting<br />

to get it generally accepted.”<br />

Jerry Yang, Yahoo!: Happy birthday! My how you have grown. . .<br />

Although Jerry Yang and David Filo started Yahoo! with modest ambitions ten years<br />

ago, Yang says, “We always assumed that it was a global business. Any undertaking on<br />

<strong>the</strong> Internet is inherently global. We weren’t a local bank serving a five-block radius.”<br />

<strong>The</strong> underlying model has morphed over <strong>the</strong> years (SEE RELEASE 1.0, JANUARY 2003),<br />

but Yahoo! has always had a focus on content. In <strong>the</strong> early days, Filo and Yang were<br />

<strong>the</strong> editors <strong>the</strong>mselves, annotating and classifying a list of bookmarks. For better or<br />

worse, it was not (just) a search engine. <strong>The</strong> <strong>com</strong>pany now has a profusion of different<br />

content, <strong>com</strong>munications, and <strong>com</strong>merce services ranging from online news to<br />

messenger to <strong>Web</strong>-hosting for small businesses and online job boards; it also offers<br />

personalization, RSS tools and various o<strong>the</strong>r “<strong>com</strong>munity” functions.<br />

Over <strong>the</strong> last couple of years, since <strong>the</strong> arrival of CEO Terry Semel and COO Dan<br />

Rosensweig, <strong>the</strong> <strong>com</strong>pany has started integrating <strong>the</strong>se capabilities more tightly,<br />

offering a more seamless experience for users and a more pleasant experience for<br />

advertisers, <strong>the</strong> source of roughly 80 percent of its revenues. Many of its current<br />

management team are former CEOs or senior executives of <strong>com</strong>panies that Yahoo!<br />

bought, such as Ted Meisel from Overture and chief product officer Geoff Ralston<br />

from Four11 – no mean achievement in <strong>the</strong> quick-turn Bay Area. Now Yahoo! also<br />

wants to be a more ac<strong>com</strong>modating partner for developers: “We see ourselves as a<br />

platform, not just a destination,” says Yang. “And for us, search is not something in<br />

itself, but something that can enrich our content or enhance our services.”<br />

6 RELEASE 1.0 WWW.RELEASE1-0.COM

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