Jerry Yang
Director/Board Member at ALIBABA GROUP HOLDING LIMITED
Net worth: 25 M $ as of 2024-05-30
Profile
His father died when he was only two years. Yang moved to San José at the age of ten years with his mother and brother. He said that even if his mother was an English teacher, he knew only one word (shoe) on his arrival in the United States.
Yang is graduated from the Sierramont Middle School, and Piedmont Hills School and he received his BS and MS degrees in electrical engineering at Stanford University, where he was a member of Phi Kappa Psi fraternity.
In 1994, Jerry Yang founded Yahoo! with David Filo. Their aim was building the first directory of websites on Internet. Initially, this directory of websites called “Jerry’s Guide to the World Wilde Web”.
They worked on this project during their studies at Stanford University. But quickly, the website knows a big success following the development of the web. Yahoo ! decides to popularize the concept of portal including content and services. In 2005, the company announces a turnover of $ 5.2 billion, a net income of $ 1.9 billion thanks to a workforce of 11,000 employees.
Jerry Yang thought that AOL and Microsoft were awesome competitors so he decided to use his personal fortune ($ 10 million) to fund the company Google. Despite a return on investment of 5000%, Jerry Yang will always repent this action, which let the creation of the biggest search engine.
In the early 2000, Yahoo ! didn’t use sponsored links, this new form of online advertising that will make the fortune of Google. Since 2004, the two internet giants are angry.
Jerry who has led various positions in the company is called to become CEO of the American group in July 2007 in order to boost Yahoo.
In February 2008, Microsoft wanted to outdo Google so proposed to buy Yahoo ($ 47 billion) but the company refused.
Jerry Yang who tried to maintain a strategy of independence for Yahoo ! is forced to negotiate a major advertising deal with Google. But American advertisers and the competitor’s authorities are not in favour of this alliance which could raise the power of Google on the online advertising market. Google decides to give up the project. Disappointed, Mr. Yang says that a rapprochement between Yahoo ! and Microsoft would be the best option. But Steve Ballmer, the boss of the software refuses.
In November 2008, his board of directors forced him to resign. Jerry Yang is replaced by Carol Bartz, a veteran of Silicon Valley. However, Jerry Yang keeps his position on the board of directors and always works in the company.
In January 2012, Jerry Yang leaves the company and its board of directors.
Known holdings in public companies
Company | Date | Number of shares | Valuation | Valuation date |
---|---|---|---|---|
WORKDAY, INC. CLASS A
0.04% | 2024-04-18 | 92,544 ( 0.04% ) | 20 M $ | 2024-05-30 |
LENOVO GROUP LIMITED
0.03% | 2023-11-15 | 3,446,298 ( 0.03% ) | 5 M $ | 2024-05-30 |
Latest news about Jerry Yang
Jerry Yang active positions
Companies | Position | Start |
---|---|---|
WORKDAY INC. | Director/Board Member | 2013-11-24 |
ALIBABA GROUP HOLDING LIMITED | Director/Board Member | 2014-08-31 |
Pluribus Networks, Inc.
Pluribus Networks, Inc. Packaged SoftwareTechnology Services Pluribus Networks, Inc. provides software-defined networking as an open application platform. Its products include built on the pluribus virtualization-centric fabric (VCF) architecture, dell switch OS, open netvisor, leaf and spine switches. The company was founded in April 2010 by Sunay Tripathi, Robert Drost, and Chih-Kong Ken Yang and is headquartered in Palo Alto, CA. | Director/Board Member | - |
Stanford University | Director/Board Member | 2017-09-30 |
Lenovo (United States), Inc.
Lenovo (United States), Inc. Computer Processing HardwareElectronic Technology Lenovo (United States), Inc. designs, manufactures, and sells computers. It also resells software and hardware products. The company is headquartered in Morrisville, NC. | Director/Board Member | 2014-10-31 |
Monterey Peninsula Foundation
Monterey Peninsula Foundation Miscellaneous Commercial ServicesCommercial Services Monterey Peninsula Foundation is a non-profit organization which donates funds from the proceeds of the AT&T Pebble Beach Pro-Am on the PGA TOUR and the PURE Insurance Championship. The company is headquartered in Monterey, CA. | Director/Board Member | - |
AME Cloud Ventures LLC
AME Cloud Ventures LLC Investment ManagersFinance AME Cloud Ventures LLC (AME Cloud Ventures) is a Venture Capital firm founded in 2012 by Chih Yuan Yan. The firm is headquartered in Palo Alto, California. | Founder | 2011-12-31 |
SignalFire Management Services LLC
SignalFire Management Services LLC Investment ManagersFinance SignalFire Management Services LLC (Signalfire) is a venture capital firm founded in 2013 by Christopher W. Farmer and Ilya Kirnos. The firm is headquartered in San Francisco, California. | Consultant / Advisor | - |
Former positions of Jerry Yang
Companies | Position | End |
---|---|---|
LENOVO GROUP LIMITED | Director/Board Member | 2023-11-15 |
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Training of Jerry Yang
Stanford University | Graduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
Listed companies | 5 |
---|---|
WORKDAY INC. | Technology Services |
ALIBABA GROUP HOLDING LIMITED | Retail Trade |
Z HOLDINGS CORPORATION | Technology Services |
CISCO SYSTEMS, INC. | Technology Services |
LENOVO GROUP LIMITED | Electronic Technology |
Private companies | 9 |
---|---|
Yahoo!, Inc.
Yahoo!, Inc. Internet Software/ServicesTechnology Services Yahoo!, Inc. is a guide to digital information discovery, focused on informing, connecting, and entertaining users through its search, communications, and digital content products. It operates through the following geographical segments: Americas; Europe, Middle East, and Africa (EMEA); and Asia Pacific. The company was founded by Jerry Chih-Yuan Yang and David Filo in January 1994 and is headquartered in Sunnyvale, CA. | Technology Services |
Zerve, Inc.
Zerve, Inc. Internet Software/ServicesTechnology Services Zerve, Inc. provides online information services. It also provides services that connect buyers and sellers of tickets for entertainment activities. The company was founded by Scott Newman in January 2003 and is headquartered in New York, NY. | Technology Services |
Docker, Inc.
Docker, Inc. Packaged SoftwareTechnology Services Docker, Inc. engages in the operation and development of a container management platform. It provides developers, architects, development operations, and information technology clients solutions for building, sharing and running modern applications. It offers Docker Enterprise and Docker Hub. The firm serves the government, higher education, financial services, insurance, and healthcare and pharmaceutical industry. The company was founded by Solomon Hykes, Benjamin Golub, and Pahl Sebastien in 2008 and is headquartered in San Francisco, CA. | Technology Services |
AME Cloud Ventures LLC
AME Cloud Ventures LLC Investment ManagersFinance AME Cloud Ventures LLC (AME Cloud Ventures) is a Venture Capital firm founded in 2012 by Chih Yuan Yan. The firm is headquartered in Palo Alto, California. | Finance |
Monterey Peninsula Foundation
Monterey Peninsula Foundation Miscellaneous Commercial ServicesCommercial Services Monterey Peninsula Foundation is a non-profit organization which donates funds from the proceeds of the AT&T Pebble Beach Pro-Am on the PGA TOUR and the PURE Insurance Championship. The company is headquartered in Monterey, CA. | Commercial Services |
Pluribus Networks, Inc.
Pluribus Networks, Inc. Packaged SoftwareTechnology Services Pluribus Networks, Inc. provides software-defined networking as an open application platform. Its products include built on the pluribus virtualization-centric fabric (VCF) architecture, dell switch OS, open netvisor, leaf and spine switches. The company was founded in April 2010 by Sunay Tripathi, Robert Drost, and Chih-Kong Ken Yang and is headquartered in Palo Alto, CA. | Technology Services |
Lenovo (United States), Inc.
Lenovo (United States), Inc. Computer Processing HardwareElectronic Technology Lenovo (United States), Inc. designs, manufactures, and sells computers. It also resells software and hardware products. The company is headquartered in Morrisville, NC. | Electronic Technology |
Yahoo Japan Corp.
Yahoo Japan Corp. Internet Software/ServicesTechnology Services Part of SoftBank Corp., Yahoo Japan Corp. is a Japanese company that operates a portal site offering advertising, e-commerce, and membership services. The company is based in Tokyo, Japan. The company's website provides information on its services, service development, work styles, social contribution activities, and store advisor. Yahoo Japan also has an environment that accommodates people with disabilities. | Technology Services |
SignalFire Management Services LLC
SignalFire Management Services LLC Investment ManagersFinance SignalFire Management Services LLC (Signalfire) is a venture capital firm founded in 2013 by Christopher W. Farmer and Ilya Kirnos. The firm is headquartered in San Francisco, California. | Finance |
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