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Ben Silbermann : The Co-founder of World’s Largest Professional Community

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A believer of persistence and continuous hard work, Ben Silbermann, is an American billionaire Internet entrepreneur and one of the three co-founders of Pinterest. Silbermann would have never thought that his childhood habit of collecting things, like bugs, postal stamps and baseball cards, will make him a billionaire one day. The photo sharing and pinning them onto a pinning board, on Pinterest, isn’t different from his old hobby of collecting things. And now, Pinterest has become one of the most used social media platforms that boast over 20 million users worldwide.

Early Life

Silbermann was born on 14 July 1982. He was a native of Des Moines, living with his parents Jane Wang and Neil Silbermann, both of whom were ophthalmologists. He did his schooling from Des Moines Central Academy and attended the Research Science Institute at MIT. When he was in school, he also went through a heart transplant surgery. In 2003, he received a graduate degree in political science from the Yale University.

Ben Silbermann
Image Source: Flickr

Career

After graduating, Silbermann got a chance to work with Google, as a member of the online advertising group. At the time, he became more interested in programming and conceived an idea of a startup. He discussed the matter with his friend and the future co-founder of Pinterest, Paul Sciarra, and quit his job. Sciarra started teaching Silbermann the basic programming, and both started working on an iOS app, Tote. Tote was a fail, and the two started thinking of a new idea that could help them with their startup.

Founding Pinterest

The two thought of creating an app that could help the people for keeping the necessary records in the phone, and see the things they wanted to see. The idea was great for the people who wanted to avoid filling up of their email accounts, with unnecessary catalogues. But, the timing of the idea was not that good, as at the same time the financial crisis had occurred, and nobody was ready to invest in technology startups.

Ben and Paul had meetings with many of the capitalists, but everybody was happy investing their money in gold. At last, Silbermann found out about a competition happening in NYU, which had a huge cash prize for the winners. Though the two won the second prize with no money, they were able to meet a few investors., one of whom was convinced to fund the half of the round, only if they could get the other half of the round.

Finally, they managed to arrange the money and started working on their startup project. Silbermann had met his third partner Evan Sharp, through a common friend, when Sharp was studying at the NYU. Evan and Silbermann shared a common interest of collecting things and wanted to create something related to it for their themselves.

In the startup project, Evan also joined hands with Silbermann, and in 2009, they started developing Pinterest. In March 2010, they launched the site as a closed beta, soon followed by the launch of an invitation-only open beta. Just within nine months of its launch, Pinterest had 10000 users, and in March 2011, the company launched an iPhone app. Silbermann contacted 5000 of Pinterest users, through letters, and even met a few of them in person, to receive feedback from them. Until the summer of 2011, the three founders of the company were operating the company from a small apartment.

In late October 2013, the website was valued at $3.8 billion. By October 2016, it had 150 million monthly active users, and in June 2017, Pinterest raised $150 million of funding from its investors.

Personal Life

Silbermann lives in San Francisco, California, with his wife Divya Bhaskaran and two children. Forbes estimated his net worth at $1.6 billion as of 2018. He was listed 12 among America’s Richest Entrepreneurs Under 40 (2016) and also got featured with Mark Zuckerberg on Fortune’s 40 Under 40 (2014).

Drew Houston : The Co-founder & the CEO of Dropbox

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Drew Houston is an American Internet billionaire entrepreneur, who co-founded the multi-billion company Dropbox at the mere age of 24. Once just an idea, now has more than 500 worldwide users subscribed to it. Houston a computer enthusiast, gives the credit of his success to his partner and co-founder of Dropbox, Arash Ferdowsi, and the education he received at MIT. In one of his speeches at MIT, he said that people should surround themselves with inspiring people. He said, “Surrounding yourself with inspiring people is now just as important as being talented or working hard.”

Drew Houston
Image Source: nytimes.com

Early Life

Houston was born on 4 March 1983, in Acton, Massachusetts. His father was an electrical engineer. Houston was a student at the Acton-Boxborough Regional High School. Initially, he was influenced by video games and had decided that he would become a video game tester. But as soon his father introduced him with programming, his focus diverted towards the computers. At the age of 14, while playing a video game, on his father’s Pcjr computer, he found a bug in the game and reported to the video game company, upon which he was offered a job at the same company. In 1990, he entered the Massachusetts Institute of Technology from where he earned a graduate degree in Computer Science.

Career & Founding Dropbox

Along with an offer for a job at the early age of 14, he had also been a part of many startups including Bit9, Accolade and Hubspot. Houston was still in college when he thought of developing Dropbox. He wrote the first line of code for Dropbox, while he was travelling on a bus, as he had forgotten his USB drive. At the time he was frustrated with his habit of forgetting and losing those USB flash drives all the time. So he conceived the idea of creating a cloud-based system for keeping the files in it. At first, he started working on the project for his personal use, but then he realised that the product could benefit other people too.

Houston released a video regarding the idea, his college mate Arash Ferdowsi being one of the viewers of it. Ferdowsi was really impressed by the idea and contacted Houston for partnership. From here the two started working on the project together.

In May 2007, Houston founded the parent company to Dropbox, Evenflow, Inc. In the same year, the company was able to get a seed funding from venture capitalists like Sequoia Capital, Accel Partners, Y Combinator. In 2008, the company launched Dropbox at the TechCrunch Disrupt conference. Within one year, Dropbox had more than 3 million registered users. By 2011, the number of users reached 50 million, and in March 2016, it had 500 million users.

During the evolution of the company, it also went through some successful acquisitions including TapEngage, Audiogalaxy, Snapjoy in 2012, Bubbli in 2014, CloudOn in 2015, etc. In 2011, the total revenue earned by the company was over $240 million. Dropbox is considered as one of the twenty best startups of Silicon Valley.

In February 2018, Dropbox filed an IPO to be listed on the Nasdaq.

Personal Life

Houston is a huge video game lover. He also likes to sing, and during the college, he was a part of ’90s cover band. Business Week named Houston as one of the most promising players aged 30 and under. He was also named among the top 30 under-30 entrepreneurs by inc.com.

Leonard Bosack : Pioneer of the Commercialization of Routing Technology

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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

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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.

Nintendo : From a Small Card Company to World’s Largest Video Game Maker

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There might merely be a person, who has not heard of Mario. The magical mission game that engaged every single child with entertainment and amusement was not just famous among the children, but, was also the first choice of every teenager, and adult. It is also one of the best-selling video games in history.

Everybody is familiar with this amazing video game, but not every person would have heard of the name of the company that produced it. Nintendo is a name that started with the production of playing cards and ended up in becoming one of the biggest producers of video games in the world. Nintendo not only have Mario to its credits but have introduced multiple entertaining games and gaming consoles to the world.

Nintendo a Playing Card Company

Nintendo was founded by a Japanese entrepreneur, Fusajiro Yamauchi, as a playing card company in Kyoto, Japan, on 23 September 1889. At the time, the foreign card games were banned in Japan, and not from twenty or thirty years, but since 1633, almost 250 years. Many people had tried making different card games, but eventually, all of them were banned too.

nintendo
Image Source: nintendolife.com

Meanwhile, a playing card game Hanafuda was developed. The game was played with handmade cards, which instead of numbers had illustrations on it. The game escaped the ban and became popular in no time. Nintendo started making good profits with the production of those cards, and Yamauchi had to employ assistants to lower down the workload.

In 1949, the company was renamed as Nintendo Karuta Co., Ltd., and started operating outside Japan, as The Nintendo Playing Card Co. By the time, Yamauchi’s grandson had also joined the company, and in 1956, he flew to the USA, to expand the business overseas. He found out that the playing card market in the USA had quite limited potential, so he decided to take advantage of this opportunity and got the license from Disney, to print Disney cartoon characters on the playing cards.

Till 1963, the company had experimented with various other businesses as well, including taxi service, a love hotel chain, a TV network, a food company, etc. At the same time, the playing card game was also facing a drop in its popularity.

In 1966, the company entered into the toy business and with the help of maintenance engineer of the company, Gunpei Yokoi, developed the Ultra Hand, an extendable toy arm. The company produced many other toys, but it was taking a little longer for Nintendo to establish itself as one of the leading toy maker company.

In 1973, the company started developing family entertainment venues with the Laser Clay Shooting System, in which the participants used a light gun for shooting. The idea was a hit, but the company had to shut it down soon, maintaining it was way too expensive.

Success in Video Games

In 1974, Nintendo managed to get the rights to distribute the commercial home video game console, Magnavox Odyssey, in Japan. By 1977, the company started the manufacturing of Color TV-Game home video game consoles. It also produced arcade games with EVR Race.

In 1981, with the release of Donkey Kong, Nintendo experienced real success. The next release from Nintendo was a handheld video game, that was also an immediate hit.

In 1985, Nintendo launched a platform video game named the Super Mario Bros., a successor to the 1983 arcade game, Mario Bros., for the Famicom, and in North America and Europe for the Nintendo Entertainment System. Along with Super Mario Bros., Nintendo holds the credit of many other famous games including NES, Game Boy, SNES, Nintendo 64, and Game Boy Advance SP.

In 1995, Nintendo announced that it had sold one billion game cartridges worldwide. At the same time, Nintendo bought 25% shares in another video game development company Rare and developed a CGI game through this partnership. The game was an instant success and became the second best-selling game in the SNES library.

Next big release from Nintendo was the Nintendo DS and Wii, between which, the Wii console became the best seller and was released in 2006. Among the handheld video games, the Nintendo DS Lite is the best-selling handheld console of all time.

Barry Lam : Founder & Chairman of World’s Largest Maker of Laptop Computers

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Success is with those, who work hard towards their goals. The time, the personal computers were just introduced, the Taiwan based visionary entrepreneur, Berry Lam, saw the future scope of the notebook Pcs. He worked hard and used his more than 15 years of experience, in the manufacturing industry, to convert his vision into a successfully running business, and now, he is leading the number one laptop manufacturing company of Taiwan.

Early Life

Barry Lam was born in 1949 in Shanghai, China. His father worked as an accountant for the Hong Kong Club, so he spent his childhood in Hong Kong. He went to Taiwan, to pursue a degree in electrical engineering from National Taiwan University. He also received the master’s degree in the same field, from the same university.

barry-lam
Image Source: forbes

Career

Soon after Lam completed his master’s degree, along with his former classmates, in 1973, he founded a manufacturing business of the handheld calculators, naming the company Kinpo Electronics. Lam was appointed as the president of the company, and in his leadership, the company emerged as one of the largest contract manufacturers of calculators.

Founding Quanta Computer

In the early 80s, with the increasing popularity of personal computers, Lam founded scope in notebook computer manufacturing and became interested in the same field. In 1988, he left Kinpo to found Quanta Computer, along with one of his colleagues, C. C. Leung, with a capital of less than US$900,000.

In the beginning, it had two production lines that were handled by 60 employees at its office in Shilin Street, Hong Kong. Lam, the visionary entrepreneur wanted to become more than just a supplier. With Quanta, he offered combinations of features for its every product, which the client could choose from. Through Quanta he produced functional and powerful, yet lightweight products.

With the success of the company, Lam established its headquarter in Taiwan and also established the Quanta Research and Development Center there. The Center is focused on creating next-generation innovative products and works in collaboration with institutions such as MIT, National Taiwan University and Academia Sinica.

In 2001, Quanta Computer was recognised as the largest notebook manufacturer worldwide and had a 50% increase in the production. In 2002, the company established its plant in China. Under the One Child One Laptop project, in 2007, Quanta took orders for one million laptops and became the original design manufacturer for the OLPC XO-1.

In 2008, Quanta was named as Taiwan’s second largest private manufacturing enterprise, with an annual turnover of NT$777 billion reported in 2007. In the same year, the share of Quanta in the worldwide market was estimated to be 31%. The major clients of Quanta Computer include Apple Inc., Dell, HP, Amazon, Cisco, Lenovo, LG, BlackBerry, Sony, Sun Microsystems, Toshiba, and Verizon Wireless, etc.

Currently, there are 70,000 employees working for Quanta Computer worldwide, and it has expanded its businesses into network systems, mobile communication, automotive electronics, etc.

Personal Life

Currently, Barry Lam is serving as the chairman of the company. He was named the Entrepreneur of the Year 2005 by Ernst and Young. In 2006, he was awarded the Second Class Bright Star Medal’ by the Taiwan Government. He was listed as the 296th richest person in the world and 5th richest in Taiwan with a net worth of US$4.2 billion, in 2012. In the same year, he received an Honorary Doctorate, from the National Tsing Hua University.