Yahoo!
Yahoo grew rapidly throughout the 1990s. Yahoo went public in April 1996 and its stock price rose by 600 percent within two years. Like many search engines and web directories, Yahoo added a web portal, putting it in competition with services like Excite, Lycos and America Online. By 1998, Yahoo was the most popular starting point for web users, and the human-edited Yahoo Directory the most popular search engine, receiving 95 million page views per day which was triple the number compared to rival Excite. It also made many high-profile acquisitions. Yahoo began offering free e-mail from October 1997 after the acquisition of RocketMail, which was then renamed to Yahoo! Mail. In 1998, Yahoo! decided to replace AltaVista as the crawler-based search engine underlying the Directory with Inktomi. Yahoo's two biggest acquisitions were made in 1999 - that of Geocities for $3.6 billion, and Broadcast.com for $5.7 billion.
Yahoo! Directory
The Yahoo! Directory was a web directory which at one time rivaled DMOZ in size. The directory was Yahoo!'s first offering and started in 1994 under the name Jerry and David's Guide to the World Wide Web. When Yahoo! changed to crawler-based listings for its main results in October 2002, the human-edited directory's significance dropped, but it was still being updated as of April 16, 2014. Users could browse thousands of listings which were organized in 7 or more tiers. For example, if a user was looking for a site on chess they might follow a path such as: recreation -> games -> board games -> chess.