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Peter Beck : The Rocket Man from New Zealand

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There has always been a debate between people about the need of education to get successful in life. Some are who really stress over completing the education to achieve the goals, and some are who can’t wait to get to their dreams for so long so that they just skip the higher education. But in the success story of this Kiwi startup entrepreneur, Peter Beck, the case was a bit different.

Beck, who was a sharp student, had to quit education after high school, as there was no such curricular course that could lead him to his targets. This engineer from New Zealand is just not one of the best visionary rocket scientists but also a skilled businessman, who knows how to sell his idea to the right people.

Early Life

Beck was born and brought up in Invercargill, New Zealand, to a gemologist father and a teacher mother. As a teen, he became interested in machines and rockets, as his family was also in love with machines. While growing up, he decided that he wants to create rockets and satellite.

peter beck
Image Source: spaceflightnow.com

According to one of his interviews, one day the career counsellor from his high school administration called his parents up and told them that the school did not have any courses that could fit to help Beck achieve his dreams, rather his goals were “absurdly unachievable”.

Career

Since it was clear that there was no relevant educational course for Beck in school, just after finishing high school, Beck moved to East Tamaki, New Zealand, where he joined Fisher & Paykel for an apprenticeship, at the age of 17. He not only became familiar with the top of the line machinery and materials there but also kept on experimenting with his mini rockets at the workshops.

In 2001, he started working at the Industrial Research (now Callaghan Innovation). This was the place where he met one of the future investors of Rocket Lab, Stephen Tindall.

Founding Rocket Lab

His passion for rockets led him to work hard and found his start-up company Rocket Lab, in 2006. As the name suggests, the company was dedicated to building rockets and satellites. The company received its seed funding from New Zealander internet entrepreneur, Mark Rocket. Beck became the CEO and the CTO of the company and appointed Mark Rocket as its co-director.

It was in 2009 when Beck successfully launched the company’s first suborbital sounding rocket, named ?tea, becoming the first private company in the Southern Hemisphere to reach space.

In 2010, Rocket Lab received a contract from the U.S. government, under which, the company had to study a low-cost space launcher to place CubeSats into orbit. The contract was under NASA, meaning that the Rocket Lab could use all its resources as per the requirement.

In 2013, Beck entered the Silicon Valley, to raise funding for Rocket Lab’s next big project, a two-stage launch vehicle, the Electron. Beck had a time of three weeks, and he knew to whom pitch for the investment. Rather than going to every other venture capitalist, he focussed on the ones who had already invested in such projects and had known about it. Finally, he managed to secure A-round funding from Khosla Ventures, the venture capitalists, who have already invested in a few so projects.

The first commercial launch of Electron occurred on 11 November 2018, from Mahia Peninsula. It carried satellites for Spire Global, GeoOptics, a CubeSat built by high school students, and a prototype of a drag sail to the orbit.

The company has received funds worth $25m from the New Zealand government over the past few years. But still, the company has got more investments from the Silicon Valley companies including Khosla Ventures, Bessemer Venture Partners, Data Collective, Promus Ventures, Lockheed Martin and Stephen Tindall’s K1W1, making it legally a U.S. company.

Personal Life

Beck is married and has two children. His wife is also an engineer.

Royal Aeronautical Society, awarded Beck the Meritorious Medal for service of an exceptional nature to New Zealand aviation and a Cooper Medal. In 2014, he was awarded the Innovation in Design and Engineering Award at the NZ Innovators Awards. In 2016, he was named EY Entrepreneur of the Year.

Avast : Largest Security Company in the World, Fighting the Cyber Attacks

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Having more than 435 million users worldwide, Avast Software is the biggest antivirus providers in the world. Headquartered in Prague, Czech Republic, the company was founded by two people who avoided opting for physics in college, to avoid entering into politics and joining Communist Party of Czechoslovakia. The thirty years of history of this cybersecurity company once had started with a team of 40 people, and after thirty years, it has approximately 1,700 employees, across its 25 offices worldwide. The company not only have the largest number of global users, but it also had the biggest tech IPO of 2018.

The Founders

Two Czech software engineers Pavel Baudis and Eduard Kucera, founded Avast in 1988 almost 31 years ago, as Alwil.

Eduard-Kucera-Pavel-Baudis
Image Source: usatoday.com

Baudis was a graduate from the Prague University of Chemical Technology and majored in Information Technology. After graduating from the university, he started working as a Graphics Specialist at the Mathematical Research Institute. In 1986, the first computer virus came into being, and, after two years, in 1988, Baudis wrote the first antivirus program to remove it.

The other co-founder of Avast, Eduard Kucera was born in 1953 and was graduated from the Charles University.

Kucera also worked at the Research Institute for Mathematical Machines, where he met Baudis.

According to Forbes (2017), both Baudis and Kucera are the 8th wealthiest men in the Czech Republic.

Founding Avast

Working at RIMM, Pavel Baudis came across a virus named Vienna and developed the first program to remove it. The success of the program made him think of founding Alwil, a cooperative to develop antivirus, with Kucera.

In the 80’s it was prohibited to have private ownership, so the two co-founders left the Research Institute of Mathematical Machines, in order to found Alwil, under Socialist Union of Youth (the only legal private-owned business entity at that time). They developed the first software named Avast under Alwil.

In 1991, they turned the cooperative into a joint partnership, in the wake of the Velvet Revolution. Due to the Velvet Revolution, there was a huge change in the country’s economy. In 1995, the company released its first antivirus program for Windows 95, written by Alwil employee, Ondrej Vlcek . In the 90s the software became really popular, and Avast received an award from the IT security testing organization, at the Virus Bulletin.

The late 90s were not very good for the company, financially. So in 2001, the company launched a freemium program, in which the users could use its basic product, for free. By 2004, the number of free users grew to a million, and in just two years the number had multiplied twenty times.

In 2010, the company was rebranded as Avast, raising $100 million in venture capital investments. Till 2013, Avast had extended its services in 38 countries, in 43 languages and 200 million people using the software.

In 2014, Avast valued at $1 billion after CVC Capital bought an interest in Avast. The company also launched its mobile app in the same year. In 2015, it became the biggest antivirus company in the world, having the largest share in the market for antivirus software.

In 2016, Avast acquired AVG, for $1.3 billion, and in the following year, it acquired UK-based company Piriform. In May 2018, the company went public on the London Stock Exchange and valued at £2.4 billion. It was one of the biggest technology listings of UK.

Brian Armstrong : The Nerd Who Co-founded Coinbase; the Future “Google” of Crypto

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It is rare to find a single person with a technical background who also has a great sense of business. Such a person is capable of building a robust business model that will pay off really well and sustain in the changing technology and business needs. Brian Armstrong, a nerd from San Jose, who had been experimenting with various businesses, since his teens, and also had an immense interest in programming languages, ended up in building the world’s largest cryptocurrency exchange; Coinbase.

Early Life

Armstrong was born on 25 January 1983 and was brought up in the San Jose, in California. He was still in school when he developed an interest in computer programming. He started learning Java and CSS, that led him to get work from local firms from San Jose when he was still in school and created websites for them. His neighbour’s garage was his first office.

Brian Armstrong
Image Source: techcrunch.com

In 2001, after completing his school, he went to Rice University, where he completed a graduate degree in Computer Science along with another graduate degree in Economics. He also received a master’s in Computer Science from the same university.

Early Career

During his bachelor’s in Computer Science, Armstrong had done a four months’ internship as the Team Lead at IBM San Jose. There he developed tools for Network Attached Storage devices based on Java. Later, when he completed his graduate degree in Computer Science, he started working as an Enterprise Risk Management Consultant at Deloitte and Touche.

In 2003, he co-founded UniversityTutor.com. The website helped people find personal tutors in their area. On 16 May 2011, Brian joined Airbnb as the software engineer and worked there for a year.

Founding Coinbase

Armstrong was always interested in starting some business and actively thought of many ideas for that. By the end of 2010, he came across to the concept of Bitcoin. Being a technical product, it was quite amusing for him. At the same time, he got familiar to the fact that there were not many marketplaces for the exchange of bitcoin.

Being a computer programmer and an economist, he was capable of conceiving a plan to create an exchange marketplace for Bitcoin. In July 2011, Brian came together with Fred Ehrsam, who worked at Goldman Sachs, to co-found Coinbase.

It was the time when a single Bitcoin priced at $10 and buying Bitcoins required serious tech chops. Coinbase was the alternative for such transactional platforms, where people could use the traditional bank accounts to purchase cryptocurrency, similar to using PayPal. The two founders got Coinbase to enter into Y Combinator startup incubator, in 2012, to raise funding for the company.

In October 2012, the two launched the company and started operations of buying and selling the cryptocurrency through bank transfers. In 2013, the company received funding worth US$5 million from the venture capital firm Union Square Ventures.

Due to the ease of use, by the year 2014, the company had a million users using its services. In the same year, the company acquired Kippt, the blockchain explorer service. It also launched the vault service for secure storage of bitcoin as well as added a feature to process Bitcoins to payment apps like Stripe, Braintree, and PayPal.

In 2015, the company launched the Coinbase Exchange, through which the professional traders could exchange the cryptocurrency. By 2016, the company had added Ethereum to its platform and also rebranded the exchange name to Global Digital Asset Exchange (GDAX). Currently, the exchange process the transaction of multiple cryptocurrencies, but has stopped the same for Ethereum, due to suspicion of the attack on the network.

The company is currently processing its wallet in 32 different companies.

Personal Life

In 2017, Armstrong was listed as Fortune 40 under 40, and later, recode under the 100 list. By the end of 2018, he was among the list of billionaires, and his net worth was estimated between $900 million and $1 billion. Currently, he serves as the CEO of Coinbase, the company having over 200 employees.

Gill Shwed : The Israeli Inventor & the Pioneer of the Cybersecurity

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Computer’s security has been the biggest issue, even if its a PC or a huge work station. Also, as the Internet is a vulnerable place, the data security has become a major concern. But thanks to those who have been working to maintain the cybersecurity, and are, continuously, providing proper protection from various threats and malware. One of such computer scientists, who are responsible for the basic computer security, is Gill Shwed. This Israeli software engineer is one of the extraordinary personalities who has a big share in the development of the cybersecurity and is considered as the inventor of the modern firewall.

Early Life

The 50 years old Israeli software engineer, Shwed, was born Jerusalem, Israel, in 1968. He was merely 13 when he grew interested in computer programming and started practising it. Being a bright student at the school, and having mastered computer programming at a young age, he was able to get enrolled at Hebrew University in Jerusalem to study computer science, at the age of 15. When he got admission into the college, he was still in the high school.

Gill Shwed
Image Source: ifi.today

Career

After completing his education, Shwed joined the Israel Defense Forces and served the Intelligence Corps Unit 8200, where he worked on securing classified networks. Soon after completing the military service, he joined an Israeli startup company Optrotech, as a software developer.

Founding Check Point

In 1993, Shwed joined his hands with Marius Nacht and Shlomo Kramer, to found a computer software and hardware company, Check Point. Nacht was his colleague from Optrotech and Kramer was a friend from his military unit.

The foundation of Check Point was based on the core technology, the stateful inspection. The first product the company launched was the FireWall-1. It then developed the world’s first VPN, the VPN-1. The two products were inspired by Shwed’s work at the military.

Soon, Check Point raised its first round of funding from the BRM Group. Just the next year, in 1994, Sun Microsystems signed an OEM agreement with CheckPoint, and HP too signed the same agreement with the company in 1995. The same year, Check Point established its head office in Redwood City, California. In the following year, the company went public on NASDAQ and raised $67 million from its IPO.

Check Point and Nokia came together in 1998. The two companies bundled their software together, i.e. Check Point’s security software and Nokia’s Computer Network Security Appliances.

Check Point acquired many startups and companies, including Zone Labs (2003), Protect Data (2006), NFR security (2006), Nokia’s network security business unit (2009), Liquid Machines (2010), etc. In March 2018, Check Point along with SanDisk launched Check Point GO, a USB drive to turn a PC into a secure corporate desktop.

In 2016, the company’s revenue was estimated around US$1.741 billion and the net income at US$ 725 million. In the same year, total 3,500 employees were working in the company.

Personal Life

Shwed holds Israeli citizenship and lives in Tel Aviv, Israel. In 2002, he got featured on the cover of the billionaire issue of Forbes. He has received a doctorate degree in Science from Technion – Israel Institute of Technology, in 2005. He was named in the list of world’s 100 top young leaders by the World Economic Forum’s Global Leader for Tomorrow. He became the first recipient of Israel Prize in technology.

Apart from programming and computing, Shwed has immense interest in cooking and photography.

Robert E. Kahn: American Computer Scientist & the Co-inventor of Internet

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What is the thing in this modern world you cannot live without? Well, without any guesses it would be internet and why? Because it’s simply irresistible! At present, no one can imagine a world without the internet because it has become an integrated part of our lives. Everything we tend to do, normally, at first we check about it on the internet, so that nothing goes wrong. The Internet has got the answer for literally everything! It is no more a thing for the business only, but it has also entered into the personal lives of people. From the brightest of the ideas to the darkest of things, from social media to entertainment, it is everywhere. The Internet carries information, business, entertainment, and what not. In today’s era, almost everyone has access to the internet.

But the internet was not always a posh thing. It had its own origin, and it was Robert Elliot Kahn, who defined its origin. He is the mastermind who made our lives easier by bringing the internet into our lives. The story of Robert though looks simple but is the most inspiring one, as it shows that the knowledge, when contained properly can help one change billions of lives, as he did.

Bob_Kahn
Image Source: Wikipedia

Robert Elliot Kahn was born on December 23, 1938, Brooklyn, New York, US. He was born in a Jewish family. He did a bachelor’s degree in Electrical Engineering from New York’s City College. For his higher studies, he went on to Princeton University and received a master’s degree, in 1962, and completed a PhD, in 1964.

Kahn started working in Bell Laboratories. He also gave service as an assistant professor in Massachusetts Institute of Technology (MIT) for two years, from 1964 to 1966. Later, he joined Bolt Beranek & Newman (BB&N) as a senior scientist. BB&N was an engineering consulting firm. It was his joining of BB&N that where demonstrated the ARPANET by connecting 20 different computers at the International Computer Communication Conference.

ARPANET, the name derived from its sponsors DARPA was basically a different kind of project. ARPANET stands for Advanced Research Projects Agency. ARPANET is considered as the predecessor to the internet. It basically was a satellite packet network project. In BB&N, he was in the group that designed Interface Message Processor, which was mediate between the network and the host computers, of the institution. He further went on and organized an International Conference on Computer Communication. This also stood out as ARPANET’s public debut.

IIn 1972, Kahn left BB&N and joined DARPA’s IPTO (Information Processing Techniques Office). While working at DARPA, he faced and solved problems about the deployment of packet switching technology. However, the real problem was connecting the military network. That’s where ‘internet’ came into being and got its name, Internet- the network of networks.

In 1973, Kahn was joined by Vint Cerf, and the two started working together on the Internet’s Technical Protocol. The protocol is the basis of internet’s architect, or we can say, is the foundation of the internet. TCP/IP (Transmission Control Protocol/ Internet Protocol) are the primary structures of the internet, which permits a computer to enter a certain network.

Alongside internet, he also contributed to the US government’s Strategic Computing Initiative and coined the term ‘National Information Infrastructure’.

In 1985, he left ITPO, and joined the Corporation for National Research Initiatives (CNRI), a non-profit organization in Reston, Virginia, as the president, in 1986.

Robert was an achiever. He won many awards which included U.S. National Medal of technology presented by former President Bill Clinton, in Dec 1997, ACM Alan M. Tuning award in 2004 (biggest award in Computer Science) and Presidential Medal of Freedom in 2005, presented by former President George Bush.

The Founder of the Internet, Robert E. Kahn’s (aka Bob Kahn) story shows us that success doesn’t come overnight and it takes patience and hard work. Your work is the baby steps to success. We should never constraint ourselves just because we don’t see results just after.

Robert is an inspiration to the whole world.

Adam Neumann : The CEO & Co-founder of WeWork

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Startups have become a trend these days. Every day we hear about several new innovative ideas, which are brought up in the market, with a pure desire to succeed. The masterminds see the industry as an empty canvas, on which, they want to paint with their own colours. They don’t want to work under some other person’s rules, but they aspire to make their own set of rules.

If you are also a startup genius, there are always 3 questions roaming around in your head. First, ‘Where to get the funding from?’, second, ‘Where to get the workforce from?’ and third, ‘If I get the workforce, from where to start working?’ Alongside, you also need the information and the contacts to get in the community of independent business. Well, the first question depends on your hard work, but when it comes to the second and the third questions, WeWork will get the job done, because Adam Neumann, the co-founder of the company, does everything to provide you with the best of everything.

Adam neumann
Image Source: Forbes

Adam Neumann, the CEO and co-founder of WeWork, was born in Israel, in 1979. He was seven when his parents’ relationship came to an end, and they got divorced. His mother specialised in medical science and moved to the U.S., in 1986. Adam and his sister Adi also moved with her to the United States. After 4 years, the family shifted back to Israel and settled in Kibbutz Nir Am. Adam joined the Israel Navy and served as an officer, for 5 years. As his sister was pursuing a career in modelling, in New York City, she became the reason for him to move to the city after his service in the Israel Navy.

He then graduated from Brauch College, New York. He met Miguel Mckelvy through a mutual friend, and that’s when things took a turn. They both had many similar thoughts about connecting companies to each other and to build a community.

In 2008, they both co-founded Greendesk, in Brooklyn. Greendesk still continues to operate and provides eco-friendly office spaces for any business need, no matter if you are a team or an individual. After Greendesk, Adam switched and started to run a business, which made baby overalls. In 2010, both Adam and Miguel came up with another idea, ‘WeWork’.

When asked about the basic need and the idea of WeWork, Adam said “The truth behind WeWork is that we never saw co-working spaces. I owned a baby clothing business, and there was an empty building. I talked to Miguel. We talked about different things we could do to make that building better. And when we actually got to talking about it, I said that this is my third business, it’s a very difficult thing to start a new business, and if we could create an environment, where entrepreneurs and small businesses can come in, have a space, share services, and help each other to be more successful, then it would be a great product.”

First network lab that WeWork set up was SoHo, New York, in 2011. Soon, the company grew. As of now, it has more than 10 million sq. ft of real estate! It has drawn some big money investments from ‘Goldman Sachs’ and ‘Softbank’. WeWork has more than 5000 employees. Working at WeWork means that you’ll get to play an arcade room and enjoy the free beer!

The company has established its offices in more than 77 cities, in 23 countries, like India, Germany, France, Spain, UK. It has helped more than 20,000 companies, including big names, like Microsoft, Spotify, Facebook, Starbucks, Pinterest etc. It has also given a push-start to startups like Meetup, Consumer, Hack Hands etc.

In January 2019, WeWork was rebranded as The We Company. The corporation is giving a tough competition to real-time Real Estate. It is the biggest property holder in Manhattan (5.3 million sq. ft). Neumann himself has a worth of $4.1 billion (Reported by Forbes) with his company valued at more than $20 billion.

Adam Neumann and his company exhibit the value, a community can hold. It gives a vivid message that a team is better than you standing alone. When problems are tackled by teams, it brings a sense of unity and a better understanding. By being in the community, you are surrounded by geniuses and masterminds, very much available to lend you help whenever you need. Adam, clearly brought a more than needed product into the market to make your offices a better place and ‘you’ a part of the community in easy ways.