| | |
| Type of business | Subsidiary |
|---|---|
Type of site | E-commerce |
| Area served | United States |
| Founder(s) | |
| Parent | Yahoo! |
| Commercial | Yes |
| Launched | 1995 [1] |
| Current status | Inactive |
Viaweb was a web-based application that allowed users to build and host their own online stores with little technical expertise using a web browser. [1] The company was started in July 1995 by Paul Graham, Robert Morris (using the pseudonym "John McArtyem"), [2] and Trevor Blackwell. [3] Graham claims Viaweb was the first application service provider. [4] Viaweb was also unusual for being partially written in the Lisp programming language. [5]
The software was originally called Webgen, [6] but another company was using the same name, [7] so the company renamed it to Viaweb, "because it worked via the Web ". [8]
In 1998, Yahoo! Inc. bought Viaweb for 455,000 shares of Yahoo! capital stock, valued at about $49 million, and renamed it Yahoo! Store. [9] [10]
Viaweb's example has been influential in Silicon Valley's entrepreneurial culture, largely due to Graham's widely read essays [11] and his subsequent career as a successful venture capitalist. [12]
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