1996: Yahoo co-founders turn down $3 million each

[pg]

http://www.metroactive.com/papers/metro/04.11.96/yahoo-9615.html

[vlad]

My favorite part:

"Netscape... will soon include several leading directories... rather than sell a single featured directory location to one company...

The strategy is a classic win-win... it promises to spur the growth of several (web directory) companies at the same time, rather than... loading up one "winner" with expenses that are so high, financial success becomes problematic."

Does anybody know if Excite was supposed to be an exact clone of Yahoo! (including the peppy name), or did they innovate in anything?

[jcwentz → vlad]

Excite was a search engine, while Yahoo was a directory; they were quite different.