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Jerry Yang

Jerry Yang shares at least one thing in common with Marissa Mayer besides briefly holding the title of Yahoo CEO: Both Yang and Mayer are keeping a close eye on startups in the mobile space. But while Mayer is searching for mobile startups to acquire in order to bring engineering talent to Yahoo, Yang is looking for promising mobile startups to advise as part of his post-Yahoo life as a startup investor.

Yang most recently participated in a $1.2 million funding round for Polar, an iPhone app that helps users quickly poll the community about everything from what outfit to wear to whether actors attending the Oscars should shave or not. Polar's mobile-first design helped it boost engagement early on — more than 1.5 million votes were cast in just the first month after it launched in November — and attract big-name investors like Yang.

To read the original article: Jerry Yang's Next Act: Startup Investor and Mentor