Yahoo adult cams

Yahoo had two problems Google didn't: easy money, and ambivalence about being a technology company.

Money The first time I met Jerry Yang, we thought we were meeting for different reasons.

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Users train the search: you can start out finding matches based on mere textual similarity, and as users buy more stuff the search results get better and better. I couldn't tell whether I was explaining it badly, or he was just very poker faced.

I didn't realize the answer till later, after I went to work at Yahoo. The reason Yahoo didn't care about a technique that extracted the full value of traffic was that advertisers were already overpaying for it.

The cubicles were full of programmers writing code, product managers thinking about feature lists and ship dates, support people (yes, there were actually support people) telling users to restart their browsers, and so on, just like a software company. One reason was the way they made money: by selling ads. If anyone at Yahoo considered the idea that they should be a technology company, the next thought would have been that Microsoft would crush them.

In 1995 it was hard to imagine a technology company making money that way. It's hard for anyone much younger than me to understand the fear Microsoft still inspired in 1995.

Advertisers were willing to pay ridiculous amounts for banner ads.

So Yahoo's sales force had evolved to exploit this source of revenue.

If Yahoo merely extracted the actual value, they'd have made less.

Hard as it is to believe now, the big money then was in banner ads.

Microsoft (back in the day), Google, and Facebook have all had hacker-centric cultures. At Yahoo, user-facing software was controlled by product managers and designers.

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