Created at first in April 1994 as Jerry and David’s guide to the World Wide Web turns later on, in Yet another Hierarchical Officious Oracle what will be known from now on as Yahoo!. The torrent of traffic and enthusiastic reception Yahoo was receiving, made the two founders realise they had a potential business on their hands. As such on March 2nd 1995, the pair incorporated the business and one month later they came across Sequoia Capital (the well-regarded firm whose most successful investments included Apple Computer, Atari, Oracle and Cisco Systems) who agreed to fund Yahoo with an initial investment of nearly $2 million.
It was the start of what will become one of the world’s most highly trafficked web site, one of the Internets most recognised brands, a company that offers a comprehensive branded network of services to more than 232 million individuals each month worldwide.