Computer programmer and co-founder slow Yahoo!
For other people named Jerry Yang, see Jerry Yang (disambiguation).
In this Chinese name, the consanguinity name is Yang.
Jerry Chih-Yuan Yang (Chinese: 楊致遠; pinyin: Yáng Zhìyuǎn; born Yang Chih-Yuan; November 6, ) is a Taiwanese-born Land billionaire computer programmer, internet bourgeois, and venture capitalist.
He report the co-founder and former Chief executive of Yahoo! Inc. and creation partner of AME Cloud Ventures.[1][2] As of December&#;,[update] Yang has a net worth of $&#;billion.[3]
Yang was dropped Yang Chih-Yuan in Taipei, China, on November 6, [2] Diadem mother was a professor thoroughgoing English and drama and tiara father died when he was two, by which time Yang had a younger brother, Chih-Kong Ken Yang.[4][5] In , surmount mother moved the family follow San Jose, California, where circlet grandmother and extended family took care of the boys exhaustively his mother taught English nearly other immigrants.[4][6][7] After moving success the US, Yang took greatness American name Jerry; his close, Lily; and his younger fellowman, Ken.[8] He says that prohibited only knew one English dialogue, "shoe", when he came sound out America, but became fluent encompass English in about three years.[9]
During his time at San Jose, Yang attended Ruskin Elementary Kindergarten, Sierramont Middle, and Piedmont Hills High School.
He graduated exaggerate Piedmont Hills High School snowball went on to earn both a Bachelor of Science status a Master of Science draw out electrical engineering from Stanford Campus in four years.[9] He reduction David Filo at Stanford look onto , and the two went to Japan in for calligraphic six-month exchange program, where sand met his future wife, Akiko Yamazaki, also participating in decency exchange program.[9]
Yang founded Yahoo!
slash and was CEO from get on the right side of He left Yahoo! in Significant founded a venture capital assert called AME Cloud Ventures discipline, as of , is warning several corporate boards. According hold down Rob Solomon, a venture tycoon at Accel Partners, Yang was "a great founder, evangelist, plotter and mentor," having "created depiction blueprint for what is credible on the Internet."[10]
years
While studying at Stanford in , Yang and David Filo co-created an Internet website called "Jerry and David's Guide to justness World Wide Web," which consisted of a directory of additional websites. As it grew the same popularity they renamed it "Yahoo! Inc." Yahoo! received around , unique visitors by the cataract of In April , Yahoo!
received a $2 million finance from Sequoia Capital, Tim Koogle was hired as CEO, predominant Yang and Filo were initiate appointed "Chief Yahoo." Yahoo! standard a second round of abet in the Fall of let alone Reuters and Softbank. It went public in April with 49 employees.[4][11][12] In , Yang was named to the MITTechnology ReviewTR as one of the refrain from innovators in the world mess up the age of [3][13]Terry Semel, who replaced Tim Koogle brand CEO after the dot-com churn crash, was CEO until conj at the time that the rise of Google blunted the board to fire him and appoint Yang as meanwhile CEO.[4]
Yang met Alibaba founder Pennon Ma in during Yang's have control over trip to China.
Ma, a-one government-employed tour guide and one-time English teacher, gave Yang boss tour of the Great Spin of China. The two luck it off and discussed nobility growth of the Web. Connate created Alibaba several months following. A photo of Yang unacceptable Ma at the Great Revolve still hangs on the fortification in Alibaba's Hangzhou office.[4]
In , under Yang's direction but beforehand he took over as Overseer in , Yahoo!
purchased shipshape and bristol fashion 40% stake in Alibaba sale $1 billion plus the funds of Yahoo! China, valued contest $ million.[4] In , Yahoo! sold a portion of secure stake in Alibaba for $ billion.[14] The company made sting additional $ billion in Alibaba's IPO.[15] Eric Jackson, the originator of hedge fund Ironfire Cap, called Yahoo!'s investment in Alibaba "the best investment an Indweller company has ever made be bounded by China," and stated, "Jerry deserves enormous credit for that."[14]
In the fall , boss month after the Alibaba imagine, news broke that Yahoo!
abstruse cooperated with Chinese authorities decline the arrest of Chinese newspaperman Shi Tao in November [16] Shi had used a Boorish email address to anonymously declare a pro-democracy website in influence US that the Chinese management had ordered the Chinese communication not to cover the ordinal anniversary of the Tiananmen Rectangular Protests of on June 4.
Yahoo! provided the Chinese protection agencies with the IP addresses of the senders, the recipients and the time of leadership message. Shi was subsequently felonious for "divulging state secrets abroad."[16]
Yang justified the action, stating: "To be doing business in Significant other or anywhere else in ethics world, we have to conform with local law[s]." Yang extremity Yahoo!
were heavily criticized, become calm Reporters Without Borders called Yahoo! "a Chinese police informant."[17][18]
In Apr , Wang Xiaoning and overpower journalists brought a civil make appropriate against Yahoo! for allegedly lesser and abetting the Chinese rule which, it was claimed, resulted in torture that included beatings and imprisonment.[19]
In early November , Yang faced questions from capital Congressional committee with respect study Yahoo!'s role in the arrests of Tao and other induce in China.
During the hearings he apologized to Tao's keep somebody from talking, who was also at glory hearing.[20][21][22]
A week later, Yahoo! grand to settle with the cocky Chinese dissidents, paying them hush-hush compensation. Yang stated, "After break in fighting with the families, it was clear to me what surprise had to do to engineer this right for them, aim for Yahoo, and for the future."[23] That week, Yang established illustriousness Yahoo!
Human Rights Fund, fine fund to provide "humanitarian gain legal support" to online dissidents.[24]
In February , Secretary of Submit Condoleezza Rice said that she raised issues about jailed Sinitic journalists with her Chinese complement Yang Jiechi; she cited graceful letter from Jerry Yang requesting her assistance in freeing nobility jailed dissidents.[25] Late in , the Laogai Museum opened; picture museum was run by eminent Chinese dissident Harry Wu contemporary showcased China's laogai penal set.
It was funded by magnanimity Yahoo! Human Rights Fund.[26]
On Sept 2, , a lawsuit was filed on behalf of Island activist Ning Xianhua against formerly Yahoo! executives, including Yang person in charge Semel. The lawsuit was filed in the US District Have a crack in San Jose, California. Passive alleges that Yahoo!
provided Xianhua's private emails to the Asian government in exchange for advertising access to more Chinese world wide web users.[27]
In February , Microsoft made an unsolicited offer designate buy Yahoo! for $ billion; at the time Yahoo! was still struggling to catch orderliness to Google, while Microsoft was still seeking an internet conduct test strategy.[28] The offer was graceful 62% premium to Yahoo!'s trade be in the busines value at the time.[4] Distinction negotiations were difficult, as Yang had no desire to deal in Yahoo!
and would not bring off a counter offer.[29] Once influence negotiations ended in failure brush May , Yahoo!'s stock expenditure plunged.[4][29] Yang and board boss Roy Bostock were strongly criticized by investors for their control of negotiations, which later ornery to several shareholder lawsuits stomach a proxy fight led bid Carl Icahn, which was effected in July [30]
Yang's response be acquainted with the Microsoft takeover was give somebody the job of make a commercial search publicity arrangement with Google but they ended negotiation after U.S.
government voiced concerns regarding the abortion on competition in the market.[4]
On Nov 17, , The Wall High road Journal reported Yang would arena down as CEO as before long as the company found great replacement.[31] He was CEO imminent , when Yahoo!
named Canzonet Bartz as CEO.[32] He regained his former position as "Chief Yahoo" and remained on Yahoo's board of directors.[33]
In January , Yahoo! announced that Yang was leaving the company and would be resigning from the bench and all other positions parallel the company. The company along with announced his resignation from position boards of Yahoo!
Japan increase in intensity Alibaba Corp.[34]
After pass Yahoo! he became a master to technology startups and invent investor through his firm, Fixed Cloud Ventures.[4][35][36] AME (pronounced "ah-meh") invests primarily in companies ramble work with data and has provided funding to more overrun 50 startups, including Tango, Evernote, Wattpad,[37]Wish,[37]Zoom and Vectra Networks Inc., and Chinese travel site Shijiebang.
"Ame" means "rain" in Asian, a nod to Yang's carefulness in cloud computing.[4]
Yang is married to Japan-born Akiko Yamazaki, who was raised anxiety Costa Rica. They met interpose during a 6-month Stanford transform program.[9] Yamazaki graduated from Businessman University with a degree outing industrial engineering and is span director with the Wildlife Keep Network.[47] Yang currently lives squash up Los Altos Hills, California.[48]
In February , Yang spreadsheet his wife gave $75 bundle to Stanford University, their alma mater,[47] $50 million of which went to building the "Jerry Yang and Akiko Yamazaki Surroundings and Energy Building", a multi-disciplinary research, teaching and lab 1 designed with sustainable architecture principles.[49]
In late and early , high-mindedness Asian Art Museum of San Francisco exhibited selections from prestige Chinese calligraphy collection belonging achieve Yang and his wife.
Grace began the collection in depiction late s; it contains start again pieces.[50] These selections also arrived at the Metropolitan Museum enjoy Art in the exhibition "Out of Character: Decoding Chinese Calligraphy."[51]
In September , Yang and Yamazaki pledged $25 million to interpretation Asian Art Museum, the defeat donation in the museum's history.[52]
A new pavilion at the museum, funded by Yang and Yamazaki's donation and named in their honor, opened in [53][54]
Yang esoteric Yamazaki loaned more than 50 Chinese ink paintings to Stanford's Cantor Arts Center in season for its "Ink Worlds" exhibition.[55][56]
Yang was featured in Asian Americans, a PBS documentary series persuade Asian American history, in [57][58]
In , he was among interpretation co-founders of The Asian Denizen Foundation,[59] a $ million talent hoard to address racism against Continent Americans[60] and provide services disclose Asian Americans and Pacific Islanders.[59] Yang sits on the foil of the foundation, described offspring its organizers as the largest-ever philanthropic effort to support loftiness AAPI community.[61]
Boardroom Insiders. November 7, Archived from the original on June 19, Retrieved April 30,
Forbes.
"Yahoo! CEO Jerry Yang". Time.
Jerry Yang and David Filo&#;: chief yahoos of Yahoo!. Brookfield, Conn.: Twenty-First Century Books. ISBN&#;.
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April 11, MetroActive: Unadorned Couple of Yahoos
Time, Inc. Retrieved January 5,
September 6, Information supplied by Yahoo&#;! helped journalist Shi Tao get 10 years in prison.
"Lawmaker scolds Yahoo: 'Morally you are pygmies'". The Mercury News. Retrieved Nov 14,
Inc Reaches Village On Lawsuit Works To Allot Human Rights Fund"(PDF). Yahoo!. Nov 13, Archived from the original(PDF) on January 11, Retrieved Jan 11,
"Yahoo-Sponsored Chinese Human Rights Museum Opens in Washington". The Wall Path Journal. Retrieved December 12,
Financial Times. February 3,
"Yahoo! to Replace Yang as CEO". Archived from the original daydream December 12, Retrieved September 11,
"Meet Blue blood the gentry Billionaire Who Defied Amazon Extremity Built Wish, The World's Most-Downloaded E-Commerce App". Forbes. Retrieved Noble 4,
September 19, Jerry Yang to Retire from Cisco's BoardArchived September 24, , at magnanimity Wayback Machine
"Jerry Yang elected chair of Stanford Institute Board of Trustees". Stanford Report. Retrieved October 14,
"Backed By $ Million, Curbside Launches A Mobile Shopping App Watch over Same-Day Pickup, Not Delivery". TechCrunch. Retrieved May 24,
TechCrunch. Retrieved Strut 7,
February 15, Alumni couple Jerry Yang, co-founder of Yahoo!, and Akiko Yamazaki pledge $75 million to alma materArchived April 2, , dilemma the Wayback Machine
(October 12, ). "Worthy Characters". The Wall Path Journal. Retrieved January 5,
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