Your Tech Story

start-up

Dom Hofmann : The Founder of Vine “A 6 Second Entertainment App”

In this era, where everything is becoming instant and fast, everyone wishes that their entertainment also becomes very instant, quick. Besides, these days, in the hectic schedules, who has the time to take out an hour to watch a TV show or a live comedy show to please themselves. People wish that their source of comedy becomes shorter and shorten in the time perspective and holds enough interest that cam amuses them. Such was the vision of Dom Hoffman when he built the app Vine which turned out to be a wide success all over the world and gained a fan base very much faster than ordinary start-up apps.

So, “What makes Vine so special?” you may ask. The standout in this app was that it made short videos. And by short, I mean, indeed very short! It produced not more than 6-second videos. This was something ‘new’ to the entertainment industry, which shook it! People went nuts over Vine because it brought a sense of an innovational challenge to make fun and creative videos in a time period of just 6 seconds.

Dom, born on 27th September 1986, is what we can say a creative entrepreneur. He created ‘Vine’ with his partners, Rus Yusupov and Colin Kroll. He feels, Vine becoming the internet’s most chosen video making tool, was rather an ‘accident’. He said that they imagined the tool would help people capture small moments of their lives Dom Hofmannand share them with their friends.

Vine was founded in June of 2012 and before even the official launch, Twitter bought it 30 Million $. The microblogging site, Twitter, thought of it as the perfect combination to its ‘short’ text way of socializing. The videos made by tool were published through the Vine’s social network and could be shared on other social media platforms such as Twitter and Facebook. Vine is short of Vignette which is defined as a short impressionistic scene.

The tool was launched on 24th January 2013. In this, the videos could be surfed in accordance with theme, trending etc. It gave a tough competition to Instagram and Mobli.

“It became pretty clear as soon we launched it”, said Hofmann as the app gained a huge user base in just the span of less than 2 years. By December 2015, the tool had already surpassed 200 million active users. He (Dom), was surprised and excited about the way that people were using the app in strange ways. “Watching the community and the tool push on each other was exciting and unreal, and almost immediately it became clear that Vine’s culture was going to shift towards creativity and experimentation,” he said. Vine’s symbol displays an inverted 6 if you look at it closely.

But it eventually came to an end, when Twitter announced that it would be shutting down the Vine app on October 27, 2016. But Twitter said that viewing and downloading vines would continue. On January 20, 2017, Twitter launched an archive which contained all the previously captured vines.

Some of the reasons listed by the Vine community for the shutting down of Vine services were that Twitter’s own uncertain future in social networking and also the increasing competition from Snapchat which rolled out 10 seconds clip service to broadcast in the app itself.

Dom, even after the closing down of the app, did not close on the Vine community. He has been tweeting recently about ‘Byte’, the successor of Vine. Byte’s logo was tweeted by Dom on November 9th, 2018, and said that ‘Byte’ could be launching anytime soon in the Spring of 2019. The successor of Vine was supposed to come out early but Hofmann said that it was due to some “financial and legal issues.” He also said that ‘Byte’ would function independently and not under Twitter.

Vine was viewed by the users as both creative and monetary. Some of the famous Vine artists are Zach King, the magician who earned more than 1.4 Billion views. Other than this, Amanda Cerny, Logan Paul, Meghan McCarthy, Dwarf Mamba and KingBach. You can also check Vine compilations on YouTube.

Dom Hofmann showed us that entertainment does not need two-three hours of time. Even a small amount of time is sufficient enough to show one’s creativity and bring a smile on to people’s faces. He, in one way or the other, made us realize that happiness can be found even in the splits of seconds. The 6-second entertainment inventor is all prepped up to bring another entertainment app soon.

Mona Ataya : The Woman Who Revamped a Mother’s World And her Babies

What is the toughest job on the planet? If you ask me, I would say a mother’s job is the toughest that stands today. Bringing up a human with qualities and personality is certainly difficult. Besides, every mother in the world wants the best for her little devil, be it outfits, education or anything else.

Shopping for kids is enervating these days. Considering the prices and the choices in the market, it is very difficult to pick out the best, for your little one. One has to look for the quality, the pricing and the service that is being provided to them. Well, put these three together, and you’ve got Mumzworld.

Mumzworld is an online site for baby shopping. Yes! A whole internet site that caters only baby needs. And the mastermind behind this, Mona Ataya, shares an inspiring story out with the world.

Mona Ataya
Image Source: arabianbusiness.com

Mona, the CEO and founder of Mumzworld, launched the startup site after taking into account the daily troubles and needs of mothers, that were being ignored by the market. She stepped up and launched the site, which is now the 1st and the largest online shopping site in the Middle East for mothers and their babies.

Mumzworld services in countries like UAE, Saudi Arabia, Qatar, Kuwait, Oman, Jordan, Lebanon, and ships their products all over the world. Mumzworld has got everything related to babies and children. From diapers to clothes, feeding to toys, bathing needs to books and what not! It has also got a wide range of more than 1600 brands with big names such as Lego, Pampers, Fischer Price and Johnson&Johnson. Mumzworld promises the best price guarantee, free speedy delivery, easy returns and flexible payment options.

“A baby is the light of a mother’s eyes, and we at Mumzworld understand that every mum wants the best for her precious angel. In a remarkable breakthrough in online baby shopping, we present before you the most extensive range of baby and kids products that you could find in one place,” says the official site.

Mona started her career at Procter and Gamble (P&G) in the USA. Working there, she was involved in the soap sector. Then, after some time, she moved back to the Middle East and joined Johnson&Johnson. During her work period at Johnson’s, she launched many brands like Greiter Skin Care, ph5.5, Clean and Clear, and also, Johnson’s Suncare. She also relaunched some of the brands like Suncare and Piz Buin in Europe. In 2000, she left Johnson&Johnson and teamed up with her brother Rabea Ataya and co-founded Bayt (bayt.com), which today, is the leading job site in the Middle East and provides services all over the world to help people find the perfect jobs for them.

After becoming a mother to three boys, she turned to a full-time mother job. But this period brought difficulties for her. Soon, she began to discover gaps in the market, which could not satisfy the needs of a mother for her baby. But she wanted to tear down this inconvenience. So, in 2011 she came up with her 2nd startup, Mumzworld. She wanted to revolutionize the way mothers shop for their babies. Mumzworld had every indispensable for the need of a mother, which was also cost-effective. Since then, the site has been growing at a rapid pace. The site won many awards like ‘Small Business of The Year (2013)’, ‘Most Admired Online Retailer (2014)’, and ‘Customer Service Excellence Award’.

Mona, too, won many awards. She was listed in the ‘100 Most Powerful Arab Women’ in 2014 and 2015. She also got mentioned in ‘100 Most Powerful Arabs, next generation’.

“Endeavors have been fantastic. It has allowed us to meet and get support from super-super smart minds” quoted Mona, when enquired about the network of startups and businesses. She tips for new entrepreneurs, that in business world one has to keep on going and fundamentally believe their vision and what they are trying to achieve. ‘Being an entrepreneur is more of a mindset’ she says.

Mona says that her vision was and is to create a necessary online extension to a mother’s world. Mumzworld also keeps on enrolling itself into social initiatives, like giving out free meal vouchers and providing impoverished mothers with baby essentials.

She shares her daily routine as a typical work mom. Starting from taking her kids to school, then working in her office until her kids get free from school, and then ending it by putting all her kids to sleep by herself. She refers that the hardest job is of a full-time mother, and also that this fact cannot be denied. When asked about her inspiration, she said that her challenges were her inspirations alongside her children. Her challenges gave her the ultimate idea for success.

So, the CEO and founder of Mumzworld, Mona Ataya clearly gives us the light that even the hardships and challenges in our day-to-day life can leave life-changing impressions on us which leads our pathway to success. Mona undoubtedly is a role model and a great mentor to be followed.

Kenny A. Troutt : A Billionaire Who Once was Dirt Poor

A major Republican donor and the owner of the elite thoroughbred horse farm in Versailles, Kenny Trout is one of the richest persons in the world. The life of the American billionaire was never this easy. As a kid, he went through the financial struggle and worked hard to get at the position where he stands right now. In school, when his teacher questioned him that what he wanted to become in future, he did not know what career he would choose, but he surely knew that he wanted to become rich.

Early Life

Troutt was born in 1948 in Mount Vernon, Illinois, United States. His father worked as a bartender. He was the eldest of his three siblings. Troutt did his schooling from the Mt. Vernon Township High School, and later, graduated from the Southern Illinois University, in 1971. Belonging to a poor family, he always intended to overcome his family’s financial conditions and become rich. Due to the shortage of money, he started working at a very young age, to support his family and earn extra bucks. He even sold insurance to subsidise his studies while he was in college.

Kenny Troutt
Image source: dmagazine.com

Career

After completing his graduation, with continues hard work, he co-founded Excel, a long distance phone service, along with his business partner Steve Smith, in 1988. Smith’s interest in the network marketing business, helped the two to start the company, as he had found much more scope in the same. Just in nine years, the company had earned revenue in billion dollars. Excel became the fastest growing company in the U.S., even faster than Microsoft. In 1996, it went public in the New York Stock Exchange under the symbol ECI, becoming the youngest company ever to join the NYSE.

In the month of June, the very next year, Excel acquired the Telco Communications Group, followed by a merger with Teleglobe, in November 1998. The merger between the two companies brought lots of fortune to the two co-founders of Excel. Troutt and Smith became billionaires overnight.

Troutt retired as CEO on September 20, 1999, and was replaced by Christina Gold. Currently, Troutt serves as the chairman of Mt. Vernon Investments.

Personal Life

Troutt is married to Lisa E. Copeland and has three children with her. The family lives in their 13000 square foot grand estate in Dallas Texas. At present, he owns a 2,400-acre thoroughbred horse breeding and racing farm in Versailles, Kentucky, named WinStar Farm. In 2014, his net worth was estimated to be approx. US$1.5 billion.

Leonard Bosack : Pioneer of the Commercialization of Routing Technology

The ousted co-founder of Cisco Systems, who is known for pioneering the widespread commercialization of local area network (LAN) technology, is an American computer scientist, who linked 5,000 computers across a 16-square-mile (41 km2) campus area, at the time when it even connecting the computers of two different buildings was an unheard thing.

Early Life

Bosack was born in 1952, in Pennsylvania. He completed his school education from La Salle College High School in 1969 and joined the Wharton School in the University of Pennsylvania to get a bachelor’s degree. After graduating, Bosack joined DEC as a hardware engineer. But, as he had applied in the Stanford University for higher education, he left his job, to join the university to pursue computer science, as soon he got accepted in the university.

Leonard Bosack
Image Source: therichestimages.com

In 1981, while studying at the Standford University, he was appointed as the support engineer for a project to connect all of Stanford’s mainframes, minis, LISP machines and Altos. At the university, he met his future wife and partner, Sandy Lerner. Lerner was working as the director of computer facilities for the Stanford University Graduate School of Business. The two started dating, and the couple got married in 1980.

Founding Cisco

While working as the support engineer for Standford University, Bosack, along with his wife, started experimenting on the same, secretly at his home using Stanford’s network. The two worked as partners and invented an Advanced Gateway Server; the revised version of the Stanford router built by William Yeager and Andy Bechtolsheim. To commercialise the router, they founded Cisco Systems and received the license for selling the router. The company was named on after the city San Francisco.

The router was able to effectively connect different hardware, like an Apple Macintosh, Unix workstation as well as an IBM mainframe, supporting multiple protocols. According to the legends, the Bosack and Lerner had invented the first such router to connect the computers of two different buildings of Stanford University, that used different networks, so that they could share emails through it.

For the first two years of the company, Bosack operated it from the garage of his house, and the medium of marketing was word of mouth. Despite, he was able to get contracts worth $200,000, only in the first month of starting the company. As the company was growing, Bosack appointed Greg Satz and Richard Troiano, for programming and for sales for the company, respectively.

In the year 1988, venture capitalist Don Valentine of Sequoia Capital invested $2 million in the start-up, and the company focused on the bigger commercial market. In 1990, the company went public, generating $70 million annual revenue. Sequoia Capital, having a share in the company, appointed John Morgridge as the new CEO of the company. The step was taken to increase the company growth. The joining of the new CEO also made Bosack and Lerner quit the company. At the time they left the company, they had two-thirds of the stakes in Cisco, which they sold for about $170 million dollars.

Personal Life

Bosack and Lerner got divorced in 1990. Currently, Bosack is retired and living in his home state of Pennsylvania. For his contribution to the field of computer science, he won the Computer Entrepreneur Award in 2009. For a long period of time, he held a significant position in the companies like AT&T Bell Labs and Digital Equipment Corporation. He also played a key role in the development of emerging network technology driven by the U.S. Department of Defense. He also gets the credits for creating new in-line fibre optic amplification systems, capable of obtaining unprecedented data transmission latency speeds of 6.071 milliseconds over 1231 kilometres of fibre.

Bosack along with his ex-wife Lerner, founded a charitable organisation, with the 70% of the money they received after selling their Cisco stocks. The foundation works towards animal welfare and finances various science projects.

Dave Winer : American Software Developer & the Fore-father of Blogging

Publishing is what Winer was always interested in. An MS in Computer Science, he detested computers and the engineering culture at the school level and became familiar with computers only when he went to the college. Winer is a New York-based American software developer and entrepreneur, who is best known for his writing and his contributions to outliners, scripting, content management, and web services. For his writing, he has earned titles like “protoblogger” and is counted among “most influential web voices” of Silicon Valley.

Early Life

Dave Winer was born on 2 May 1955, in Brooklyn, New York City. His father Eve Winer was a PhD and a school psychologist. His mother Leon Winer was also a Ph.D., and a former professor of the Columbia University Graduate School of Business. In 1972, he completed his high school from the Bronx High School of Science. In high school, he started an underground newspaper. Later, he joined the Tulane University in New Orleans and graduated in Mathematics in the year 1976. He then completed an MS in Computer Science from the University of Wisconsin–Madison, in 1978.

Early Career

After completing his education, Winer started working in the computer time-sharing business, in the Empire State Building on the thirty-ninth floor. Later, he moved to Silicon Valley and joined a leading software company at the time, Personal Software, Inc., as the lead developer. The company worked on a software product VisiCalc, and he began to work on his own product idea named VisiText. While in the company, he came to the conclusion that the company did not ship what it produced. At the same time, the company started working on a commercial product around an “expand and collapse” outline display, an outliner software product.

winer
Image Source: Wikipedia

In 1981, he left Personal Software and founded his own company named Living Videotext, where he further worked on the outliner. In 1983, he released ThinkTank for Apple II, which was based on VisiText, followed by the release of ThinkTank for IBM PC and Macintosh, etc.

In 1987, Winer sold Living Videotext to Symantec. The deal paid him a fortune, and he worked with the newly formed Symantec’s Living Videotext division for the next six months.

UserLand

The next year, in1988, Winer founded another company named UserLand Software and was appointed the CEO of the company. Under the name of the company, he released a system-level, outliner-based scripting language, Frontier, for Mac. In the mid-90s, Winer became interested in online publishing while helping automate the production process of the strikers’ online newspaper. He started working towards online publishing and developed a website for himself the ‘Scripting News’, in February 1997. Scripting News is described as “one of the web’s oldest blogs.”

In the same year, he started Frontier’s NewsPage, supporting Scripting News. Later, he, along with Microsoft, developed the XML-RPC protocol, resulting in the formation of SOAP, that he co-authored jointly with Microsoft’s Don Box, Bob Atkinson, and Mohsen Al-Ghosein. In the same year, he developed an XML syndication format for his Scripting News weblog in order to provide his readers with much more timely information.

During the same time, RSS was created for use on the My.Netscape.Com portal, preceded by several trials at web syndication that did not obtain much popularity. In July 1999, Dan Libby produced a new version of RSS, RSS 0.91 incorporating elements from Dave Winer’s news syndication format. In April 2001, Netscape dropped RSS support from My.Netscape.Com and Winer, along with RSS-DEV Working Group, published a modified version of the RSS 0.91 specification on the UserLand website. With a set of changes, Winer also released RSS 0.92 in December 2000 and RSS 2.0 in September 2002.

By 1999, Winer had become the leader in blogging tools and a leading evangelist of weblogs. The InfoWorld named him one of the “Top Ten Technology Innovators” in February 2000.

DaveNet

In November 1994, Winer originated DaveNet, to replace the standard news channels of the software business. DaveNet distributed newsletters over email and stored the goofy and informational web archives on it. Few of his newsletters included complaints against Apple’s management. The HotWired also published his censored columns from DaveNet, between June 1995 and May 1996. DaveNet won the Cool Site of the Day award in March 1995 but was discontinued in 2004.

Podcasting

Winer was receiving more requests for audio blogging features in the RSS from his readers and other bloggers, upon which he decided to include a new functionality in RSS 0.92, named the enclosure, that would transfer the address of a media file to the RSS aggregator. On January 2001, he first demonstrated this new feature in his Scripting News weblog, by enclosing the song Grateful Dead in it. With a built-in aggregator for both “send” and “receive” components in Userland’s weblogging product, Radio Userland, many of its users started doing audio blogging on it. In February 2004, Ben Hammersley suggested the word ‘Podcasting’ for ‘Audioblogging’.

Along with UserLand, Scripting News and Podcast, Winer also shares the credits for BloggerCon and Weblogs.com followed by some web authoring tools, including OPML Editor, River2 aggregator, Fargo, Dropbox-based outliner, etc.

Personal Life

Currently, Winer is living in New York. In June 2002, Winer underwent life-saving bypass surgery and had to step down as CEO of UserLand. He has been working as a successful writer in Silicon Valley and is referred to as one of the most prolific content generators in the web history. In 2003, he worked as a fellow at Berkman Center for Internet & Society, Harvard Law School and was the visiting scholar at NYU School of Journalism between 2010-12.

In 2002, he was named among the ‘InfoWorld Top Ten Technology Innovator’. In 2001, he was awarded the ‘Chosen Tech Renegade’ by Wired for work on SOAP with Microsoft.

Patrick Collison : Co-founder of Stripe & the Youngest Self-made Billionaire

Learning has nothing to do with the age, whether you are 8 or 80, if you are learning some good stuff, it is going to pay you off in some unusual way. Like Patrick Collision’s interest in computer programming, that he grew at a tender age, led him to become the youngest self-made billionaire. He established one of the leading software companies, at an age when most of the people are still in high school or attending the college.

Early Life

Patrick Collison was born on 9 September 1988, to Lily and Denis Collison, in Dromineer, County Tipperary. He is the eldest of his two brothers John Collison and Tommy Collison. He was just eight when he started learning computers at the University of Limerick. His interest in computers, later, led him to study programming languages at the age of ten.

pattrick collison
Image Source: businessinsider.com

At the age of fifteen, Collison took part in the 40th Young Scientist and Technology Exhibition, where he won the runner-up’s trophy for his project on artificial intelligence named after his idol Issac Newton. The very next year, on 14 January 2005, he again participated in the same competition and won the first prize, for a project on a LISP-type programming language. He was awarded a €3,000 cheque and a trophy of Waterford Crystal presented by President Mary McAleese.

Collison completed his high school education from Gaelscoil Aonach Urmhumhan, Tipperary, Ireland. Later, he joined the Castletroy College in Castletroy, County Limerick.

Career

After graduating from Castletroy College, Collison entered the Massachusetts Institute of Technology, from where he soon dropped out to co-found a software company named ‘Shuppa’, with his younger brother John. As they could not raise funding for the company in Ireland, the two approached a few investors from the Silicon Valley and moved to California after Y Combinator showed interest in the start-up.

The two joined hands with other two Oxford graduates, Harjeet and Kulveer Taggar, and merged the company into Automatic.

In March 2008, at the age of 19, Collison sold the company to a Canadian company named Live Current Media, and both the brothers became millionaires overnight. In the month of May, in the same year, Collison accepted the position of director of engineering in the company’s Vancouver branch.

Founding Stripe

While in high school, Collison and his brother started building iOS apps. During this time Collision discovered that it is much easier to earn money through those apps, rather charge for things online and get the payment. This brought an idea of the development of a payment app into Collison’s mind, and after getting inspired by the working model of virtual hosting provider Slicehost, he built a prototype of his payment app.

In 2010, the Collison brothers built and released the first version of the app named as dev/payments, which later was renamed to Stripe. Initially, they tested the app with their friends and collected the feedback from them. Soon, people started talking about the app and Collison had a long waiting list for the app users. In the same year, the Stripe managed to receive a seed funding from Y Combinator. In the following year, it also received funding from venture capitalists Peter Thiel, Sequoia Capital, and Andreessen Horowitz, worth $2 million. Again in 2012, Stripe was funded with an $18 million Series A investment led by Sequoia Capital at a $100 million valuation.

Till September 2011, Stripe was running on an extensive beta. At the time the company became public and received a $20 million Series B investment.

Personal Life

Currently, Collison is working as the CEO of Stripe and lives in San Francisco, California. In November 2016, the Collison brothers became the world’s youngest self-made billionaires. The two were also featured on a young Irish person’s rich list aired on an RTÉ television in the Christmass edition 2008.