Top 5 Myths About Yahoo
Yahoo! billboard in Times Square, New York City.

Yahoo may no longer be king of the online mountain, but it's still flying pretty high.

Chris Hondros/Getty Images

Long ago, when one could still conceivably sit down and count the individual pages on the World Wide Web -- long before blogs, Facebook, Wikipedia and a little company called Google -- there was Yahoo.

In 1994, the founders of a tech company called Yahoo came up with the now painfully obvious idea of categorizing and listing all of the major sites on the fledgling World Wide Web. Keep in mind that search engines were just coming on the scene in the mid-1990s (remember Lycos and AltaVista?) and were quite awful by today's standards.

Yahoo quickly became a major player on the nascent Internet, rode the wave of the dot-com boom and expanded exponentially in the process. The name Yahoo became so synonymous with the Internet that the brand even spawned a print magazine, "Yahoo Internet Life."

Yahoo is no longer the king of the online mountain -- Google has been holding that crown for some time now -- but the scrappy, fiercely independent company has refused to roll over and play dead.

Despite the company's durability, the rumor mill runs full-steam in Silicon Valley and Yahoo has amassed its fair share of myths and misconceptions over the years. We're going to examine the top five Yahoo myths, in no particular order, starting with the near-constant reports of the company's demise.