Archive for App – Page 8

We’ve all Been Cheating off of Andrew Sutherland for Years

Student’s run on Quizlet. The title doesn’t exactly reflect Sutherland’s heart for the product he founded but conveys the origins the flashcard flipping and sharing web and mobile app. As a junior in high school, Sutherland wanted to do better on a French test, so tackled this seemingly unsolvable problem with a group of friends once for us all.

With origins so humble and familiar, it’s startling that Quizlet has grown into a small company that helps tens of millions of students representing all ages prepare for their tests. That 15-year-old who aced  French test brought his brilliant solution with him to MIT where it eventually became the small San Francisco company it is today.

Sutherland demonstrates that “nailing the problem” is what’s most important when growing an idea into a business. Quizlet remains focused on serving as many students as possible with a largely free software solution. Sutherland gave up the reigns of Quizlet to a new CEO a few years ago while staying on as CTO. Relenting your control on your business may be what’s best if you want your product to continue solving the problem serves to solve.

Today, Quizlet’s mission statement is to help students practice and master whatever they’re learning while providing students and teachers with the ability to create their own content for learning and teaching.

 

Robert Nay – Bubble Ball

Robert Nay, a seemingly typical 14 year old, took the mobile game industry by storm back in 2010. He developed the app “Bubble Ball”, which is a physics-based game that involves a series of puzzles to solve and levels to beat. Robert only spent a month coding and researching before the game was introduced to the Apple app store. Within the first two weeks of its release, Bubble Ball was downloaded 2 million times. At the beginning of 2011, the app reached 16 million downloads thanks to the company Ansca Mobile, who chose it as its app of the week. At one point, Bubble Ball took the first-place spot from Angry Birds under the category of top free games in the Apple app store.

It is truly amazing how a someone so young executed on an idea he had that resulted in major success. Robert was not held back by the obstacles, but instead learned what he had to in order to bring his vision to fruition. This story sets a good example for anyone who thinks they want to pursue an idea they have but aren’t sure where to start. What truly determines if something will succeed comes down to taking action and taking on every challenge that’s ahead.

Patrick and John Collison – Stripe

How did two brothers who grew up in rural Ireland come to be some of the youngest self-made billionaires and have what could be one of the most important internet companies in the world? Patrick and John Collison were very smart from a young age. They learned to code by age ten, and loved reading. They started a few businesses early on, including one called Auctomatic, which helped sellers on eBay. It ended up selling for $5 million in 2008, when Patrick and John were 19 and 17 respectively. They both attended prestigious universities, Patrick went to MIT and John went to Harvard, but they both ended up dropping out of college and had the idea for Stripe in 2009.

Before this time, there was not really an easy way for money to be transferred over the internet. PayPal was around, but the process still had a large amount of improvement to be made. Patrick and John saw an opportunity for a better payment transaction system on the web. Stripe gives businesses seven lines of code to paste into their website, then they are able to accept payments easily.

Soon after starting Stripe in San Francisco, they ironically received investment money from PayPal founders Peter Thiel and Elon Musk, as well as Sequoia Capital and other investors. They also received money and guidance early on from Y Combinator – a famous startup accelerator in San Francisco, as well as CapitalG – Alphabet, or Google’s investment company later on. In 2016, Stripe received a $9.2 billion valuation making the brothers both billionaires, and in September 2018 they received a $20 billion valuation. They still have a lot of work to do before reaching that valuation, but it shows the large potential of the company.

Stripe has also connected with some huge clients. Companies like Facebook, Lyft, Shopify, Spotify, and SquareSpace all use Stripe to process their payments. They even have started working with Amazon on some of their transactions. Stripe now has millions of businesses using its platform, and handles billions of dollars in transactions per year. Chances are that half of the transactions a person makes online are through Stripe, whether they know it or not.

Patrick and John are constantly thinking about how to improve the lives of people around the world. In 2016 they started a platform called Atlas that helped international startups with incorporating in United States. They also love to read and be outside. Runs and other activities with their Stripe team members happen often.

Stripe is impacting millions of people and businesses in how money is transferred over the internet, and in many other ways. It will be exciting to watch the company as they grow in the future and impact millions more.

Jeff Smith Smule

Jeff Smith is a co-founder of the popular app, smule. Smule is a well known app that has taken the world by storm. It is a musical app that allows users to listen and play music as well as sing along with it. According to the statistics over 350 million people across the world have used the app in the past. Which is crazy because that is 4% of the entire world’s population. Jeff Smith has also been included in other app creations that all deal with music. The man is simply inspirational to young entrepreneurs.

The College Students who Created a Sports Entertainment Empire

See the source image    When thinking about the type of person who would be coined with he term “entrepreneur”, one might envision a well-dressed, business-professional man or woman in a skyrise. While this is true in many instances, there are numerous examples of uncommon people starting uncommonly successful businesses. One prime example of this are the young entrepreneurs who began the sports entertainment dynasty that is Dude Perfect. The co-founders of Dude Perfect, at the time it began, college roommates at Texas A&M University. They created a “trick shot” video out of a backyard and it was an instant hit on YouTube, gathering an impressive 200,000 views over just one week. After this success, the group began to produce more exciting, more impressive videos of seemingly impossible trick shots.

See the source image

Through the incredible dedication of the cofounders, they edited the videos by themselves until they have the resources to outsource a full-time producer and editor. They began designing and selling online merchandise through their website and releasing iPhone applications that were downloaded by millions. I have heard two of the cofounders, (Cory and Koby Cotton) speak on how difficult it was to get Dude Perfect off the ground, and they shared how many trials they had to overcome such as low resources, sleep deprivation, and even facial paralysis. Present day, this sports phenomenon is worth more than $10 Million and that number keeps growing significantly. They are currently the seventh most subscribed YouTube channel (36 million) and have accumulated more than 7 billion views. They have worked with celebrities such as Serena Williams, Russel Wilson, Aaron Rodgers, Chris Paul, and Drew Brees. The cofounders of Dude Perfect have created a sports dynasty that is enjoyed by millions and are changing the way we think of sports entertainment all while having the time of their lives.

Ben Pasternak

Ben Pasternak, an Australian native, first became famous for his development of a brain teaser app, Impossible Rush. He developed this app when he was bored in his high school science class, because what else is there to do in a boring class? Ben believes that apps should be created by the intended target consumer. I think this is a brilliant idea, and most of the time ideas come from problems that the inventor is having themselves. Therefore, a brain teaser app with the target audience of kids should be created by kids. Most apps are created by adults for kids, but who better to know what children really want in a game, then children themselves. Sadly, Pasternak sold the app for only $200. Rush Impossible ended up over taking tinder and raking in over 130K on the first day of his release. Ben then created an app called Monkey, a randomized video chat for children, with very strict codes of conduct. It was funded by over 2 million dollars in investments. The app aimed to decrease loneliness among teens around the world by randomly connecting users from all over. He also created an app called Flogg, very similar to eBay, a bidding app build for teenagers. Ben also has some different beliefs that could make him look very smart in the future. He has never learned to drive and thinks that cars are big and ugly, and will look like locomotives do to us today in 50 years. If he could tap into the new modes of transportation, who knows where this young entrepreneur could take us.

Teal Drones: World’s Fastest Commercial Drone

George Matus was only 12 years old when he created his own flying quadcopter. As he got older he became frustrated with the drone options that were on the market. They were restrictive for they were either only racing or only for taking pictures and video. So, he created his own “wish list” of things that he wanted in a drone and went to work making prototypes. After dozens of versions of drones and hours of test flying and crashing he was able to create his dream drone at the age of 16. The drone is capable of flying faster than 70 mph and can withstand wind of up to 40 mph. The product is yet to be released but Matus has plans to release the drone next year with a starting price of $1,300. To date, Teal Drones has raised over $3 million in fundraising and has an extremely bright future ahead.

CNBC: George Matus, founder and CEO of Teal

 

Article Link: https://www.cnbc.com/2016/08/12/meet-the-18-year-old-entrepreneur-who-built-the-worlds-fastest-drone.html

 

ReThink to End Cyberbullying

High school is a scary place, a time full of exploration and fun, but also a time of insecurity and anxiety. In today’s technologically led world, cyber bullying has become more and more prominent. 9/10 High Schoolers that are being cyber bullied do not report it, thus leading to higher suicide and depression rates. That is why 17 year old Trisha Prabhu started ReThink,”A patented technology that effectively detects and stops online hate before the damage is done” (ReThink).

Trisha Prabhu, creator of Rethink, an app to stop cyberbullying

Trisha who has been coding since she was 10 has always wanted to make a difference. She wanted to leave her footprint in the world by creating something that can make life better for people. “This app is now used in over 1,000 schools worldwide, the app been downloaded thousands of times on Google Play and the App store, and has been introduced to over 1.3 million students in Michigan as a part of their OK2SAY cyberbullying awareness program” (Chicagoinno). This app uses an algorithm that can trace hurtful speech and will ask the writer if they want to Rethink their post due to the potential harm.

This Chicago-born student has made a difference for so many people. After launching the app in 2014 she has found that 93% of the time users notified will change their post before putting it out into the web. This kind of an impact is huge, especially in a time where social media plays a key role in the formation of children’s lives.

Entrepreneurs can learn from Trisha by taking the talents they have and combining it with the passions they have to better the world around them. Trisha received $100,000 from the Shark Tank investors and is stopping cyber bullying one post at a time.

Trisha Prabhu, creator of Rethink, an app to stop cyberbullying

Beebe, Lisa. “ReThink: How Trisha Prabhu Created an App to Stop Cyberbullying.” Like A Boss Girls, 16 July 2018, likeabossgirls.com/rethink-how-trisha-prabhu-stops-cyberbullying-at-its-source-and-gets-100k-on-shark-tank/.

Hustad, Karis. “14 Illinois Teen Entrepreneurs To Watch.” Americaninno.com, www.americaninno.com/chicago/chicago-and-illinois-teen-entrepreneurs-to-know/.

Inc. “ReThink -.” ReThink – Before the Damage Is Done, www.rethinkwords.com/.

Social Media Tycoon

        Evan Spiegel is someone who has accumulated great wealth at a young age through the popular multimedia messaging app Snapchat. Being a California native, he grew up surrounded by all sorts of innovation and developments. Evan attended Stanford University to study product design, which eventually led him to come up with the concept of Snapchat. This idea received lots of criticism from his peers, but Evan decided to pursue it with two of his peers by creating a prototype. It was first named “Picaboo”, which would later be renamed Snapchat. He then decided to leave Stanford to focus on Snapchat fulltime. From 2012 to 2018, the daily active users went from 1 million to a staggering 400 million. Spiegel reached billionaire status by his mid-twenties and is now worth $1.8 billion. This goes to show how someone’s age does not limit them to achieving a high level of success. Perseverance and vision were very integral to Evan’s pursuit for achieving big things, even when his peers thought the idea was bad.                                                                                 

 

Young Tech Brothers for Good

The country of India has been one of the hottest emerging markets and with that has come the rise of many young entrepreneurs as technology and the overall wealth of the country has been on the rise.

Shravan and Sanjay brothers age 17 and 15 are the youngest of these entrepreneurs in the country of India. They are the brain behind the company GoDimension. It is a simple technological solution for the digital world. Not to mention, the digital world and digital banking has been given the credit for a lot of India’s wild economic growth. They have a vision to do good for society. Their latest app GoDonate helps facilitate the donation of food to local charities that would otherwise go to waste. I do believe we had a student in the Elevator Pitch competition who hoped to do something like this to negate the waste that is created in the restaurant industry.

These two individuals have a mission and a vision to make this world a better place. After developing 11 apps and 60,000 downloads across 60 countries the two brothers were listed in 2017 Forbes 30 under 30.