EXHIBIT 11 YAHOO! INC. COMPUTATION OF NET LOSS Three Months Ended Nine Months Ended --------------------------- ---------------------------- September 30, September 30, September 30, September 30, 1996 1995 1996 1995 (a) ------------- ------------- ------------- ------------- Net Loss ($1,145,000) ($371,000) ($2,430,000) ($726,000) Weighted average number of shares used in computation: Common Stock 26,504,000 10,013,000 24,093,000 10,013,000 Preferred Stock 7,738,000 7,738,000 Number of common shares issued in accordance with Staff Accounting Bulletin No. 83 4,790,000 4,790,000 ---------- ---------- ---------- ---------- Total 26,504,000 22,541,000 24,093,000 22,541,000 ---------- ---------- ---------- ---------- Net loss per common and common equivalent share ($0.04) ($0.02) ($0.10) ($0.03) ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- (a) Includes the Company's results from March 5, 1995 (inception) through September 30, 1995.