Aug 23, 2011

Nine Companies That Destroyed Their Largest Competitors
Share

Written by : Tom George| 0 | Business

Via Scoop.itinternetbillboards

It is hard to believe that Google (NASDAQ: GOOG), at any point, was not the undisputed leader in the search world, let alone actually just a small part of the market. In the early days of the Internet, search engines like Lycos, Excite, AskJeeves, and others competed for pieces of the pie. By the end of the 20th century, however, Yahoo! (NASDAQ: YHOO) emerged as the leader, surviving the dot-com bubble that dragged the smaller companies under.

Yahoo then purchased most of these for next to nothing. In 2000, the site had 56% of search engine referrals, six times times its closest competitor. Google had roughly 1% of the market in June of that year. In 2001, Yahoo! began using Google’s search algorithm Read more: Nine Companies That Destroyed Their Largest Competitors – 24/7 Wall St. http://247wallst.com/2011/08/23/nine-companies-that-destroyed-their-largest-competitors/#ixzz1VrK6y23T
Show original

Enhanced by Zemanta

Tags: , , , , , , ,

Follow Me!

Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.
Follow Me!
0

Content Curator

Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.

More Curations by Tom