The formation of Yahoo!

Jerry Yang, now 31, was ten when his family moved from Taiwan. His father had died, and his mother emigrated to the USA with her two children. He believes the importance of this move in terms of his development cannot be underestimated:

'It was probably the most significant event of my life, with being married being a close second. But especially from a perspective of being an entrepeneur, being able to experience the business culture in the US was a unique one.

'The US is special in that an immigrant can do what I did and be part of it. And not only me - but Jeff Mallett (Yahoo chief operating officer) is a Canadian. In fact, I would say that most key people at Yahoo have a relationship of being a first or second generation ...

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