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rivian

Robert RJ Scaringe : The Founder of Rivian; The Tesla of Trucks

It has been said tons of times that one must follow their passion to be successful in life. But if the passion has bad effects on the environment, would you still follow it? Maybe not. Or maybe you will figure out another way to pursue your passion. Robert RJ Scaringe had fallen in love with the process of car manufacturing, but when he realised that vehicles are the most responsible for the environmental pollution, he had to look for some other way to follow his dream. And, the electric vehicle was the only answer to it; better and energy-efficient. This way, he founded Rivian, an automaker and automotive technology company.

The idea behind the company is not only to protect the environment but is also to release people from car-ownership. Scaringe wants that nobody should own a car, but must have access to automotive vehicles through the press of a button, and whenever or wherever they need the vehicle, they get it.

RJ Scaringe was a little kid when he was introduced to a Porsche 356. One of his neighbours in Melbourne, Florida, was working on reinventing his Porsche and Scaringe got the chance to look at the process closely. This ignited an interest in mechanics for him. He became so interested in car manufacturing that he decided that he will be starting up a car manufacturing business when he was still in school. This led him to get a graduate and postgraduate degree in Mechanical Engineering, followed by a PhD in the same from MIT’s prestigious Sloan Automotive Lab.

rj scaringe
Image Source: bnnbloomberg.ca

This was the same time, when he encountered problems with normal motor vehicles, as these were one of the causes of pollution and other environmental issues. So instead of fuel engine vehicles, he started researching about the environmentally-friendly electric vehicles.

After receiving a PhD from MIT, RJ Scaringe started working in an MNC, where was learning on how to improve the efficiency of the motor vehicles. His jobs at various MNCs gave him enough exposure, and since Scaringe was always aware of his passion for entrepreneurship, he was also ready with a sorted plan.

In April 2009, he started Avera Automotive (later renamed Rivian Automotive in 2011), all by himself. Initially, RJ Scaringe hired 20 people as his first employees, holding the position of the CEO. He took things slow and focussed on more research. In 2011, the company shifted its focus from general electric vehicles to autonomous electric vehicles and started working on luxury utility vehicles. His idea also drove the attention of a few major investors, like the Saudi Arabia-based investment group Abdul Latif Jameel, Sumitomo Corp forms Japan and Standard Chartered Bank from London.

With time, the company also hired engineers like Mark Vinnels (as the Rivian’s executive director of engineering) and Jeff Hammoud (as the vice president of design). In 2015, the company opened its research facility in Michigan and set up the company headquarters in Livonia, Michigan. At the same time, the company also started working on ride-sharing vehicles and driverless vehicles.

In 2017, the company acquired the Mitsubishi Motors’ Normal, Illinois plant for $16 million, which became the Rivian’s primary North American manufacturing facility. The company also received a $1 million grant and a five-year tax abatement from Normal contingent as well as $49.5 million in tax credits from the state government, on its strategical money investment over a certain period and for meeting the employment targets.

By the end of 2016, 100 employees were working for Rivian, and Today, over 1000 people are working in Rivian at its different branches, including Michigan, Illinois, California and the United Kingdom. Through the company was growing rapidly, in 7-8 years of its inception, there was no product of its own. It had been working on different parts and technologies for its new car models, which it had planned to assemble at the end.

By December 2017, the company started testing the alpha prototypes of its first vehicle and announced its first two products, i.e., an electric five-seater pickup truck (A1T) as well as an electric seven-seater SUV (A1S). The company took it to the LA Auto Show in November 2018, to launch the two vehicles. Both the cars are semi-autonomous, and the production will start anytime soon in 2020.

With a $200 million in debt financing from Standard Chartered Bank, till 2018, Rivian raised around $450 million. In 2019, the company received a $700 million in a round of funding led by Amazon, and the same year, it also received another $500 million from Ford Motor Company.

Cox Automotive also made a $350 million investment into Rivian. In September 2019, Amazon made an order of 100,000 electric delivery vans from Rivian.

The potential of RJ Scaringe’s idea behind Rivian can be estimated through the fact that no Rivian cars are currently running on the road. Despite that, the company has raised about 1.5 billion in funds in past ten years. The company is not only planning to contribute to the environment but has also helped America to raise employment and offer better money to people.

vianai

Vishal Sikka : Ex-CEO of Infosys and the Founder of AI-based Startup Vianai System

Speaking of artificial intelligence, it is quite important to mention machine learning too, because both of these go hand in hand. Today, most of the huge software companies use the concept of ML and AI to build their software and products. In a nutshell, artificial intelligence is becoming the building block for the new tomorrow, with its past rooted to the core of science. It is kind of mandatory to learn about ML and AI for most of the programmers today. Because it opens a window of vast opportunities for one’s career as well as a scientific development.

A lot of companies have started adopting the concept of AI and ML to enhance their products and the approach of development. And, one of the most recent start-ups based on AI has been launched in this very year by Dr Vishal Sikka, Ex CEO of Infosys. After leaving Infosys in 2017, Dr Sikka decided to start his own business, and hence, launched it on 12th September 2019. With a sky-limit scope in the area of AI, Dr Sikka’s main motive is to harness its power and make every industry adopt this concept and implement it in every product.

Early life and education

Born into a Punjabi family in Madhya Pradesh, India, Vishal Sikka’s father was an officer in the Indian Railway and his mother was a teacher. At the age of six, the family moved to Vadodara, Gujarat from Shajapur, Madhya Pradesh. Since his father was an engineer and his mother a teacher, academics turned out to be his strength and engineering his love.

Vishal Sikka founder Vianai
Image Source: thehindu.com

He went to Kendriya Vidyalaya, Rajkot and completed his schooling from Rosary High School. Following his father’s foot trails, Sikka pursued his Bachelor’s degree in Computer Engineering from the Maharaja Sayajirao University of Baroda. Though he was admitted to one of the renowned colleges in India, Vishal Sikka wasn’t satisfied with it. He left the college immediately after he got admission to Syracuse University, New York. He pursued a B.S degree in Computer Science and later, went to Stanford University to complete his PhD.

Early Career

After completing his PhD, he started working with Xerox’s research lab, and after working there for some time, he realized his dream, i.e., launching a start-up. He founded iBrain, his first start-up which was acquired by PatternRX, and his second start-up was Bodha.com, which was acquired by Peregrine Systems. At this time, Sikka joined Peregrine as the Vice-President for Platform Technologies. His main area of work was application development and technical designing.

One of the advantages in Vishal Sikka’s career was the time when he just started accelerating in his professional world. He came very close to Hasso Plattner, founder of SAP. This helped him a lot in landing a job in SAP. He joined SAP in 2002 as the head of strategic innovative projects. Eventually, he was promoted to Senior Vice President and ultimately, to the position of first-ever CTO in April 2007. After working for more than a decade in SAP, Sikka finally resigned from the company on 4th May 2014.

Once you reach a certain point in a career, you don’t have to turn back twice to question your decisions. And, this happened to Sikka the moment he joined SAP. Sikka decided to leave SAP for some personal reasons, and undoubtedly, a person of his calibre was on-demand in the tech market.

Soon after he left SAP, Vishal Sikka joined Infosys on 12th June 2014. The ex-CEO of SAP was named the new CEO and Managing Director of the second-largest IT industry of India. He was declared as the whole-time director of the board of Infosys on 14th June 2014. After serving in this company for three long years, Sikka stepped down from his position and set off his course towards establishing his own start-up.

Vianai Systems

In 12th September 2019, Sikka finally launched his own AI-based start-up Vianai systems with the dream that AI and ML have the full potential to change every industry. Sikka’s start-up received a seed funding of $50 million which is going to increase with rocket-speed shortly.

cloudian

Success Story of Cloudian, a Data Storage Company, Co-founded by Hiroshi Ohta

The advancement of technology is providing us with stairway to a new world. Every day, every second, our world is changing. New gadgets and new phenomenons are discovered daily. The path, that we have chosen for modernizing our world, depends vividly on data. Today, everything that we do, from launching a website to posting a picture on our Instagram account, data is needed. And, after a few decades, our world will reach a certain position where the development of every nation will be decided by the amount of data one can store or have access to.

And, speaking of data, as such an integral part of the modern sphere, it is definitely necessary to mention Hiroshi Ohta. Hiroshi Ohta, along with Michael Tso founded Cloudian, a company that brought innovation in the data storage system. Founded in 2011, the company has its headquarters based in San Mateo, California, United States.

The main product of Cloudian is object storage software that was built for big enterprises as with new software and applications from a huge number of companies made data storage really tough and complex. So, an easy to use data storage system was the cry of the hour.

The Idea Behind Cloudian

cloudian founder hiroshi ohta
Image Source: advertisingweek.com

Before Hiroshi Ohta came up with the idea of building his own company, he used to work at J-Phone. It is a telecom operator company, based in Japan, where Ohta was in charge of service development. During his time in this mobile company, he pioneered many skills and also provided the base for “Sha-Mail”, first mail in the world with pictorial advantage. Since he worked in the sector of communication, Ohta spotted a significant increase of users in the telecommunication world, and this resulted in the gathering of data in networks.

With an increase in the number of smartphones, laptops, and tablet in today’s world, the audience might likely run out of data and need to pay for storage. And, if such a situation arrives, where data becomes an integral part of our basic requirements, then it definitely has to be affordable. Thinking about this, Ohta decided to quit the company and built data storage product for the traffic insanely driving to the cloud world. He started working on Cloudian Hyperstore software (a software having Amazon S3 support).

Why Object Storage Technology?

The biggest advantage of this kind of storage software technology is that you can store and have access to data irrespective of your geographical location. Previously, the software that had been created by many companies only limited the scope of accessing data from nowhere, but the data centres. But, Ohta undoubtedly solved this problem through Cloudian software.

Another big problem that started arising was the cost of maintenance because some software programs were targeted to increase the data volume. This increased the cost of storage and got off track from one of the data storage’s biggest goal, that is being economical.

Cloudian’s products solve both the major problems, along with keeping the quality of products high. From media to medical school, every institution, company, organization, including a single user, need data storage facilities for various reasons. And, there is no scene of “market drop” in this area, at least, for half a century now.

Success of Cloudian

One year, after founding the company, Cloudian signed a deal with a Japanese telecommunication company to fuel its cloud object storage service. This was the big start after which Cloudian has entertained many lucrative clients, including Motorola, Element Fleet, Tyco and many more.

The company also has a very fancy list when it comes to investors. In 2014, the company raised $24 million from Intel Capital, Goldman Sachs, INCJ and Fidelity Growth Partners Japan. In 2016, four new investors were added to list including Lenovo, City National Bank, Epsilon Venture Partners and DVP Investment. Cloudian raised $41 million in the funding round of October 2016. After the new Series E funding round, the total worth of Cloudian hit an impressive figure of $173 million. The company has also established a partnership with Cisco, which triggered the list of investors, and basically, means more funding.

Future Aspects

One of the most important targets that Ohta talks about is the users should be very familiar and comfortable to use these products. Also, the applications that are being created with Cloudian’s storage technology as the backbone should be at best interest of the audience.

Bell Curve

Julian Shapiro: The Founder of Bell Curve, Marketing Agency and the Mascot of Animation

Have you ever discovered your interest in doing something because you were just bored? Well, that happens to many of us, but only a few make it their passion. And, a handful among the few can establish themselves successfully through it. For example, we love playing video games, but that doesn’t mean every one of us turns out to be a game developer, but a guy named Nitish Mittersain did, didn’t he? You should be highly passion driven if you want to live through what you love. And, Julian Shapiro proved to be one of them.

Julian Shapiro, the founder of the Bell Curve and many other online services, started to show interest in coding from an age of twelve. And, the reason he started tinkering with his computer was he got nothing to do after he moved to a new city. Eventually, he started exploring different aspects of computer, and the wonders, one can make if he/she has good coding skills and was undoubtedly carried away by its charm.

Shapiro started his coding journey with Visual Basic 6, and by the time he was fourteen, he was pretty good at what he was doing. He realized that his skills were in high demand, and he could easily make money out of it. So, he started developing websites for small companies, swooping into the entrepreneurial world.

A Great Start

Since Julian Shapiro started as a teenage entrepreneur, he gradually became one of those tech-savvies interested in learning something new every day. Shapiro was very much involved in domain names for startups and companies. But he noticed that most of the businesses have below-average quality names for their companies and decided to work on it. With the existing knowledge of web development, Shapiro started building tools that would analyze around 50,000 domains daily and among those domains which were likely to be worthwhile.

Julian Shapiro
Image: Julian Shapiro

He put a lot of efforts into like building an algorithm for making combinations of alphabets and sorting out the potential names and acquiring them for a few dollars. After working diligently for six months, Shapiro finally made an inventory of domain names, thus selling it to companies for a few thousand dollars each. He named this service NameLayer and released it in August 2011.

Accelerating as a Tech Entrepreneur

After selling NameLayer to Techstars in 2014, Julian Shapiro again went back to his most comfortable place of web development. While creating several projects, he noticed that web animation doesn’t receive much importance, and no such significant modification or improvement was done in that area. Thinking that this hinders the designs of professional web developers, he started working on it.

In September 2013, Shapiro created his own animation engine, Velocity, to improve the tooling of web development through motion animation. The launch of velocity was very effective as people, especially the front-end designers, started using it extensively because they really understood the impact of web animation on marketing. Famous companies like Microsoft and Uber also started using Velocity.

What About Bell Curve?

With Neal O’Grady and Asher King-Abramson as partners, Shapiro founded Bell Curve in April 2017. It is a San Francisco based startup that operates as a marketing agency and conducts growth training programs. Bell Curve, basically, runs advertisements for startups and businesses across the world. Leading companies like Envoy, Streak and Tovala hired Bell Curve to run their advertisement sector.

Today, Bell Curve comprises a team of 9 members, including Julian Shapiro. This new startup is making great progress, but most importantly, Shapiro at the end of the day strictly adhered to what he loves the most, that is, web development. He devoted his career to make unbound contributions in this area of development.

Moreover, the digital content of the Bell Curve is so powerful that the company gives growth talks at Google and Y Combinator.

Other Aspects of Shapiro’s Career

In November 2014, Shapiro joined Webflow, Inc as a Vice President of Marketing. The company was about web development for professionals, something that Shapiro can never turn down. He worked there for ten months.

Julian Shapiro also started his own blog, Julian.com from September 2015. And, he is the only owner of the website. Shapiro also writes in TechCrunch about growth marketing since March 2019.

Another project that Shapiro worked and is worth mentioning is Libscore. Shapiro created Libscore in partnership with Stripe and Digital Ocean to help people understand that at what rate their libraries are actually used by people after putting it on open source. It helps to gather the statistics, thus providing the developer with proper feedback.

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Sorav Jain : An Indian Entrepreneur Crusing Down the Bay of Digital Marketing

The traditional ways of marketing have been outweighed by digitalized promotions as soon as we stepped into the era of digitalization. But, since the last few years, online marketing space has been overcrowded by people with low experience and claimed professionals. The presence of such freelancers, who have a very minimal idea about digital marketing and social media, creates confusion among the customers which reduces trust in the long run. So, the effectiveness of a good digital marketing company gradually loses its demanding position while people with basically no knowledge-creating havoc in the digital world.

And, to clear the mind of people and help them chose the best, Sorav Jain, a young Indian entrepreneur created some offbeat strategies for his digital marketing company, echoVME. He built the company out of pure passion, as he was ever really into studying biotechnology, though he pursued it. But, later he made his mind to create something of his own, like his father and uncles and went abroad to study marketing management.

Family Background and Early Life

Sorav Jain belonged to a family where creating your own ship cruise was appreciated more than working on a royal one. His father and uncles were established businessmen, so going the unconventional way and turning down tempting jobs were absolutely supported by his family members.socialsamosa.com

Sorav Jain
Image Source: digitalscholar.in

Sorav went to Loyola College and graduated with a bachelor’s degree in biotechnology in 2007. While being an undergraduate student, he already mastered the art of SEO, and hence, joined Contempo Technologies as an SEO and Content Executive in January 2006. By this time, Sorav already chalked out his plan to start off his venture and explore the entrepreneurial endeavours. He went to the University of Leeds to complete his master’s degree in International Marketing Management and joined CMO Axis as a Digital Marketing Specialist after graduating. Working for CMO Axis, a global digital marketing firm fascinated him even more about the world of advertising.

Setting up echoVME

Sorav Jain still continued working at CMO Axis, while he was building his own empire. Quite a business mind!

An entire plan was set up, and Sorav started assembling the building blocks of the company from December 2009. The company became operational from March of the next year, a couple of months after leaving CMO Axis. So, like any other young entrepreneur, Sorav dived into his business with the utmost passion and energy to bring a significant change in digital marketing.

The company started with a team of 10 members operating from Mumbai and Chennai.

At People’s Best Interest

echoVME wasn’t established with the regular idea of going around, convincing people, taking in clients and earning money. Sorav really wanted to put some effort to make young minds, especially college students, learn about digital marketing so that the quality of freelancers available in the marketplace improves and more students get exposed to the light of digital marketing.

Since its establishment, a lot of training sessions and workshops are conducted by echoVME. Apart from covering major cities like Delhi, Mumbai, Chennai, echoVME has also spread its wings to Sri Lanka. It was a really smart strategy from the owner to conduct such workshops, as they received humungous positive feedbacks, even from CEOs, CMOs, and Executive Officers of many famous brands.

Within few months of founding the company, it made deals worth $10 million through corporate blogging strategy.

Obstacles and Competitors

For Sorav Jain the hardest challenge was time management and implementing every theoretical statement from the heavy books of business administration in real life. He said that when you set up a business, it is more than just the bookish definition of the business terminologies, as you have to deal with real people and real crisis. But, that’s how one learns, isn’t it?

Sorav gives very vague answers, every time it comes down to mentioning echoVME’s competitors. In an interview, he said that every company that is trying to reach a standard position in digital marketing, especially blogging-centric marketing, are the competitors.

Success of echoVME

Presently, echoVME has trained more than 2000 professionals and brands through their training programs and workshops. More than 100 workshops have been conducted echoVME in major cities of India till date. The training sector of echoVME, SOCIALME has gained unexpected popularity from the very first day.

What after echoVME?

Sorav founded Digital Scholar, an agency-based learning institute in July 2019. Apart from this, Sorav has also been a guest lecturer at many famous educational institutes, like IIT Madras and Leeds Metropolitan University.

activision

David Crane : The Famous Videogame Guru and Co-founder of Activision

Video games have introduced us to a new world, and every game lover might be familiar with the names like Hideo Kojima and Sid Meier. These are the video game designers who are none less than the Hollywood superstars. But at the beginning of the video games, despite developing the most famous games, the designers did not get the due credits. They were sitting behind the name of the company that launched the game and just kept working months of tedious and insomniac hours. But then, some of the designers took control in their hands, and it was the time for a change. One such video game designer is David Crane, the co-founder of Activision, who is a superstar designer and is widely known for the video game Pitfall!.

Crane is an American programmer and video game designer who was born in Nappanee, Indiana, the US in 1953. After completing his school education from a local high school, he went to the DeVry Institute of Technology in Phoenix, Arizona, where he completed a Bachelor of Science in Electrical Engineering Technology degree. Soon after graduating as an engineer, he joined National Semiconductor as a hardware designer.

With time, he became interested in video game designing and development, so at the age of 29, he started working for Atari. He took the responsibility of developing games for Atari 2600. He also became the part of the team that was working on the Atari 800 computer operating system.

David Crane Activision
Image Source: ivghof.info

During the late 70s, the main game developers, including Crane, Larry Kaplan, Alan Miller and Bob Whitehead, of the company were in talks with the company management to get the developers their due credit. At the time, the company was also under the acquisition of its new owner Warner Communications, and it has many unsolved issues as well. The company refused to give those developers any extra financial compensation or credits, as it was afraid that those developers could get better options elsewhere.

Based on a memo of the best-selling video games of the past few years, Crane had designed few of the best selling games of the company, yet he was not given any bonuses or even the credits for that. With 20 million sold copies of games developed by him, he only earned a $20,000 salary.

One fine day, during a Tennis match, Crane and Miller got into a serious discussion about how the companies were taking all the credit for the game development when it was all the hard work of the designer. Concluding to this, they planned to leave their jobs and start a new gaming company that would not only promote the company, but also the designer who designed the games.

In 1979, along with Miller, Kaplan and Whitehead, Crane left Atari to start their own company. But they had no idea from where to start, as at that time only the companies that manufactured the consoles published the games. To start a business, they needed the money and for that, they met another budding entrepreneur Jim Levy, who was already planning to start a business of manufacturing cassette tape drives. With the help of Levy, they managed to raise US$1 million in capital from Sutter Hill Ventures.

The five co-founders finally founded Activision on 1 October 1979. But they were hit by a lawsuit from Atari, claiming that the four developers from Atari had stolen the company secrets. So, despite the knowledge of Atari 2600 and its gaming development, they had to create Activision’s own version of games that differ from the Atari games visually.

But since all the four were experienced enough, the games that they built were way better and had credits for the developers along with the instruction manual.

In 1982, Crane developed the most successful game of his career, i.e., Pitfall!. Within one year of its launch, Activision sold 4 million copies of the game and became the second best-selling game of the year. It also made a total revenue of US$60 million in just one year for Activision. The game maintained its place in the Billboard charts for 64 weeks and was also awarded the game of the year in 1982. This was a game-changer for Crane, and he was famous in no time.

By 1983, the company has already hired around 60 employees. After working for seven years with Activision, Crane left the company in 1986 and co-founded Absolute Entertainment with Garry Kitchen. With Absolute, he developed two of the most famous games of his career, David Crane’s Amazing Tennis and A Boy and His Blob: Trouble on Blobolonia. In his entire career, he has developed over 30 video games.

Crane came with another venture in 1995, named as Skyworks Technologies and served the company as the CTO. His last known game as a game designer is March of the Penguins (2006). His estimated worth as reported in 2016 was $200 million. Currently, he is working as an independent video game developer and video game expert witness. The decision he, and his fellow programmers, to build a company that promoted the designers of the video games, not only made them celebrities, but the other designers in the world also started getting their deserved recognition.