Inspiring Success Stories….

1. Facebook —-Mark Zuckerburg

The CEO of facebook is a dropout from Harvard. On October 24, 2007, Facebook Inc. sold a 1.6% stake to Microsoft Corp. for $240 million, spurning a competing offer from online search leader Google Inc. This would indicate that Facebook had a market value of $15 billion at the time of the sale. However, most analysts believe the actual valuation of the company to be far less. The $240 million paid by Microsoft include premiums for both preferred shares and global ad placements…..He is the youngest person ever to appear on the Forbes 400.

2.Kevin Rose—Digg Founder made 60 Billion $ in 18months

Rose met Apple co-founder Steve Wozniak while he was working on The Screen Savers (Wozniak was an occasional guest on the show). One day while having lunch with Wozniak, they were talking about the old days and the groundbreaking things Wozniak did back in the late 70’s. Rose decided that he needed to “do something” and later came up with the idea of a user controlled community-based news website. In the fall of 2004, he withdrew $1000 out of his account and paid a freelance web developer $12 an hour to mock up a Web page and purchased some server space for $99 a month. He paid $1200 for the domain name, and the project began. Rose along with Owen Byrne, Ron Gorodetzky, and Jay Adelson, formed Digg, a technology news website that combined social bookmarking, blogging, RSS, and non-hierarchical editorial control. The website was officially launched to the public on December 5, 2004.

In October 2005, received $2.8 million in venture capital from major investors, including Omidyar Network, the outfit led by eBay founder Pierre Omidyar, Netscape co-founder Marc Andreessen, and Greylock partners.

In September 2008, the company received a further $28.7 million round of funding led by Highland Capital Partners.

When Rose was starting Digg, he invested $6000 into the site, which was supposed to be for a deposit on a house for him and his girlfriend at the time. As a result of this, their relationship broke down. Since this, Rose has been quoted to say that “no matter what happens with Digg, I won’t put business first again.”

3.YouTube Founders——Chad Hurley, Steve Chen and Jawed Karim

YouTube was founded by Chad Hurley, Steve Chen and Jawed Karim, who were all early employees of PayPal. Hurley studied design at Indiana University of Pennsylvania, while Chen and Karim studied computer science together at the University of Illinois at Urbana-Champaign. According to a story that has often been repeated in the media, Chad Hurley and Steve Chen developed the idea for YouTube during the early months of 2005, after they had experienced difficulty sharing videos that had been shot at a dinner party at Chen’s apartment in San Francisco. Jawed Karim did not attend the party and denied that it had occurred, and Chad Hurley commented that the idea that YouTube was founded after a dinner party “was probably very strengthened by marketing ideas around creating a story that was very digestible 

4.JACK DORSY <——— EVAN Williams

Dorsey was a student at New York University which he dropped out of and left his job as a programmer at a taxi dispatch service in 1999 to move to San Francisco.

Dorsey started his company to dispatch couriers, taxis, and emergency services from the Web.His other projects and ideas at this time included networks of medical devices and a “frictionless service market”.In July 2000, building on dispatching and inspired in part by LiveJournal and possibly by AOL Instant Messenger, he had the idea for the realtime status communication.

When he first saw implementations of instant messaging, Dorsey had wondered if the software’s user status output could be shared among friends easily. He approached Odeo, who at the time happened to be interested in text messaging.

5. Larry Page and Sergey Brin—Google

Page and Brin had the idea to license their PageRank technology to other companies to pay off their credit card debt, but none were interested. David Filo (1966–), another Stanford graduate who had started, suggested they form a search-engine company. They named their company “Google,” after the mathematical term Googol, which specified the number one followed by a hundred zeros.
They took it to Andy Bechtolsheim (1956–), a Stanford graduate and co-founder of Sun Microsystems. One of their professors set up an in an early morning meeting with Bechtolsheim. They showed him their Google demo, but Bechtolsheim had another meeting on his schedule that morning, and needed to leave. He liked their idea, however, and offered to write them a check on the spot for seed money. It was for $100,000, and was made out to “Google.” In order to deposit it, Page and Brin first needed to open a bank account with their company name on it.

6. Sabeer Bhatia —HoTMiaL

After a brief stint at Apple, Sabeer joined a startup company called Firepower Systems Inc, where he spent two years. In 1994, Sabeer started working on new ideas for the Internet and he teamed up with Jack Smith, a colleague from Apple Computer, Inc.
The two came up with the concept of a web-based database entitled Javasoft. While pursuing this idea, they subsequently realized the potential of a web-based e-mail system and thus decided to create one called HoTMaiL (the uppercase letters spelling out HTML – the language used to write the base of a webpage).In order to attract attention, the e-mail service was provided for free and revenue was obtained through the advertising on the website. Draper Fisher Ventures invested $300,000 on the project and the service was launched on July 4, 1996.
In less than six months, the website attracted over 1 million subscribers. As the interest in the web-based email provider increased, Microsoft eventually took notice and on December 30, 1997 (Bhatia’s 29th birthday), Hotmail was sold to Microsoft for a reported sum of $400 million.


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