Wednesday, August 18, 2010

Famous entrepreneurial success stories on the Internet

Becoming an entrepreneur is something many people only dream of, but the following people went above and beyond; becoming some of the most famous names of today, only because of the internet.

-Sergey Brin, Google.

Sergey Mihailovich Brin is the co-founder of Google, and the president of technology at Google. He has a net worth of an estimated 11 billion US dollars. Sergey met met future Co-president of Google, Larry Page, at Stanford University. While originally they did not get along, it was when they found a common interest in receiving information from data sets that they went to work on their first paper. The paper entitled "The Anatomy of a Large-scale Hypertextual Web Search Engine" is now the tenth most accessed scientific paper at Stanford University.

The couple originally tried to sell the Google search engine idea, but it failed. They in turn raised $1 million in investment money to start their own company. October 2004, the company released their first quarterly results as a public company, with a revenue of $805.9 million.

-Bill Gates, Microsoft.

Bill gates is the co-founder of Microsoft, and the richest man in the world, worth an estimated 46 billion US dollars. At Harvard University, Bill Gates and Paul Allen, worked together on creating a new version of Basic programming language for the Altair 8800 person computer. The computer company that allowed Bill and Paul to use their computers, were so impressed with their work, that they licensed the software. It was because of this that Bill and Paul formed the company Microsoft.

Their first big break was from the MS-DOS, their first operating system, developed for the first IBM personal computer. MS-DOS soon took hold of the market after Bill and Paul convinced other manufacturers to standardize their systems to run MS-DOS. Microsoft would not have another huge success until the 1990's, when they developed Windows 3.0. Following Windows 3.0, Microsoft developed Windows 95, 98, 2000, Millennium Edition, XP, Vista, and their latest Windows 7.

-Steve Jobs, Apple.

Steven Paul Jobs is the co-founder and CEO of Apple Computer Co, and sits on the board of directors for Pixar. In 1976 longtime friend Steve Wozniak showed Jobs a computer that he had designed for himself. Jobs convinced Wozniak to start up a company with him. On April 1st 1976, the two founded Apple Computer Company. Apple created three computers with limited success, the Apple I, Apple II, and Apple III. In the same year that Apple III was released, Apply Computer Co. became a publicly traded company on the stock market.

In 1983, John Sculley from Pepsi became Apples CEO, and in 1994, they released the Macintosh Computer. It was the release of the Macintosh that skyrocketed Apple's success, causing them to leave behind the Apple III line. From then on Apple would continue releasing highly successful operating systems, and be only matched by Microsoft. Even though Steven Jobs' net worth is the the billions, his reported yearly salary is $1 for tax reasons.

21 comments:

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  18. This comment has been removed by a blog administrator.

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