Yahoo 2000 Annual Report Download - page 14

Yahoo! is also growing stronger through strategic alliances,
as more companies are attracted by the unique power and
reach of our global network. During 2000 alone, we
announced 89 new or expanded content providers with
a broad range of companies, from megacontent providers
— such as ABCNEWS.com, The Wall Street Journal and
KnightRidder.com — to technology leaders like TIBCO
Software and Symantec. Often these relationships are two-
way streets, enabling Yahoo! to accelerate the adoption
of advanced technology or new services while also
providing exciting new marketing and distribution opportu-
nities to our partners.
Our January 2001 alliance with Compaq Computer Corpora-
tion is a good example: under the terms of this multiyear
agreement, Yahoo! has selected Compaq as our preferred
provider of computer equipment and professional services
to support a substantial portion of Yahoo!’s infrastructure.
Compaq, in turn, will be marketing its brand, products and
services through a comprehensive Yahoo! Fusion Marketing
program across Yahoo!’s domestic properties and several
worldwide markets. It’s a win for both companies, strategi-
cally and at an operating level. Combining strengths will
also enable Yahoo! and Compaq to enhance service to their
respective customers.
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3,000+
Number of employees, globally, at year-end 2 00 0 was 3,2 59 .
2,200
Number of content partnerships.
The story is so often repeated that it has become a legend.
Two Stanford University graduate students, David Filo and
Jerry Yang, began a list of cool Internet sites in April 1994 as
a way to keep track of their eclectic interests. Slowly the
hobby grew into a passion, which grew into a compulsion
until the home-brewed search and directory hierarchy
system they developed became Yahoo!.
Today, David and Jerry remain our Chief Yahoos. Their spirit
and vision have attracted a global team of Yahoo! profes-
sionals that we believe is beyond comparison. At year-end,
our staff totaled 3,259 employees, nearly 30 percent of
whom work outside the United States. Our staff today
includes many of the best Web development, content distri-
bution and Internet marketing minds in the business.
Strengthening our management team
Outstanding professionals from all fields continue to be
attracted to Yahoo! because they want to be part of a win-
ning company that is revolutionizing the way people use
the Web. We continue to successfully recruit senior talent
to strengthen our management team and broaden our
knowledge and expertise. During 2000, we named two
senior-level executives with extensive experience in their
areas of expertise to head up the Media & Leisure and
Major Initiatives businesses. In addition, we named a
senior-level executive, with a seasoned background and
proven track record, to head the Business and Enterprise
Services sales group. In March 2000 we also announced the
search for a new CEO to guide the next phase of our growth
and evolution. Tim Koogle will remain Yahoo!’s chairman.
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