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Yahoo's Exploration Of Investment Opportunities In Creative Hackers

Calendar Jul 27, 2010 • User Avatar Anthony Pell
1 min read
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Topics Covered

technology investment investment opportunity creative hackers startup investment open innovation
Yahoo is considering investing in hackers with good ideas and technologies, a company executive said on Saturday. "We are open to many ways of having a stake in creative young companies," said Jeff Kinder, Yahoo The Internet company does not have a fund earmarked for this purpose, or a definite model or set of criteria for such investments, Kinder added.

Hackers and Open Hack Days have proven to be important sources of new ideas and technologies for Yahoo, Kinder said. Meme, now a microblogging site, was transformed from an internal Yahoo product idea into a product on Yahoo

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