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Founders at Work.pdf

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Tim Brady<br />

First Non-Founding Employee,<br />

Yahoo<br />

C H A P T E R<br />

9<br />

Yahoo began in 1994 as a collection of links to research papers maintained by<br />

two Stanford grad students, Jerry Yang and David Filo. They gradually added<br />

links to new types of inform<strong>at</strong>ion, and the site grew rapidly in popularity. By<br />

the end of 1994, Yang and Filo were considering turning the site into a startup,<br />

and they asked Tim Brady to write a business plan for it.<br />

Brady had been Yang’s college roomm<strong>at</strong>e and was by this time getting his<br />

MBA <strong>at</strong> Harvard Business School. Brady initially expected to be able to finish<br />

the semester, but as Yahoo’s potential grew, it became clear th<strong>at</strong> he couldn’t<br />

wait. He turned in the company’s business plan as his final assignment in the<br />

courses he still needed to pass, and jumped on a plane west to become Yahoo’s<br />

first actual employee.<br />

Brady’s title during his 8 years <strong>at</strong> Yahoo was VP of Production. His responsibility,<br />

as he puts it, was “product.” He was effectively the editor of Yahoo’s site.<br />

Yahoo went public in April 1996, and for nearly all the period since has been<br />

the most popular network of websites in the world. Ultim<strong>at</strong>ely, Yahoo won the<br />

portal wars because it was a better site, and it was the site it was largely because<br />

of Tim Brady.<br />

Livingston: You were the first employee the Yahoo founders brought on. How<br />

did you get involved?<br />

Brady: I met Jerry when we were undergradu<strong>at</strong>es <strong>at</strong> Stanford and we studied<br />

electrical engineering together. We were in the same freshman dorm and were<br />

good friends throughout college and after. He continued on—he’s much more<br />

adept <strong>at</strong> EE than me—and I went to Japan and worked for Motorola doing<br />

marketing and engineering.<br />

Stanford has a program in Kyoto, and Jerry studied there for a quarter and<br />

took a summer job just outside of Tokyo. I had been there for a couple years so<br />

we hooked back up. Then I went back to business school, he went back to finish<br />

up his PhD, and we kept in touch. We always talked about dream jobs even<br />

when we were undergradu<strong>at</strong>es and wh<strong>at</strong> we hoped to accomplish. “Wouldn’t it<br />

be gre<strong>at</strong> one day if . . .”<br />

127

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