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The 18 Coolest College Start-Ups

UserMark time15 June,2015

In the history of mankind, we will find countless names who have dared to chase their innovative aspirations challenging all the hurdles and barriers. Instead of feeling dejected with their initial failures, they gathered courage and strength from them. They proved that if you have talent and determination, no one can stop you from achieving your goal.

If you too dream big and aspire to start your own commercial venture, then the success stories of these 10 world famous entrepreneurs will inspire you.

10 Best Startups Launched by Students

1. Bill Gates and Paul Allen

Enterprise: Microsoft

Founded in: 1975

Net worth: $79.3 billion and $17.5 billion respectively

Enterprise Value: Around $282 billion

Bill Gates and Paul Allen1

These two college dropouts revolutionized the technical industry with a variety of software. From MS-DOS in the year 1981 to the latest Windows 8.1 version, each of them received enormous popularity. Bill Gates is also one of the most influential philanthropists in the world.

2. Jerry Yang and David Filo

Enterprise: Yahoo!

Founded in: 1995

Net worth: $2 billion and $3.3 billion respectively     

Enterprise Value: $34.5 billion

Bill Gates and Paul Allen1

Graduated from Stanford University, they made Yahoo! one of the most popular internet corporations throughout the globe. More than 700 million people use their search engine, mail services, chat groups, news and advertising services every month. Available in 30 languages, Yahoo! headquarters is in California.

3. Mark Zuckerberg

Enterprise: Facebook

Founded in: 2004

Net worth: $34.8 billion   

Enterprise Value: $211.16 billion

The owner of the most popular social networking site Facebook, Mark Zuckerberg is a Harvard University dropout. Originally started for Harvard students, Facebook now has a mammoth 1.4 billion monthly users. Nowadays, it is also regarded as the most promising advertorial medium.

4. Steve Huffman and Alexis Ohanian

 Enterprise: Reddit

Founded in: 2005

Net worth: $8 million together    

Enterprise Value: $240 million

Bill Gates and Paul Allen1

Roommates from University of Virginia, Steve Huffman and Alexis Ohanian started this social entertainment networking website. With a broad user base from 186 countries, Reddit is also known to make comprehensive philanthropic efforts for various causes.

5. Matt MullenWeg

Enterprise: WordPress

Founded in: 2003

Net worth: $40 million     

Enterprise Value: $1.15 billion

Matt MullenWeg

Matt Mullenweg with his associate Mike Little designed this content management system. Gradually, it evolved as the most popular blogging system worldwide. Reputed companies like Ebay, CNN, Forbes, Reuters and many more use WordPress to publish content.

6. Larry Page and Sergey Brin

Enterprise: Google

Founded in: 1998

Net worth: $30.2 billion and $29.7 billion respectively         

Enterprise Value: $327 billion

Larry Page and Sergey Brin

The most popular search engine throughout the globe, Google was founded when both of them were PhD students in Stanford University. Their services also include online advertising, cloud computing and mail services. With more than 12 billion searches a month, it is way ahead than its competitors.

7. Henry Luce

Enterprise: TIME Magazine

Founded in: 1923

Net worth: $100 million (at the time of his death)

Enterprise Value: $3.34 billion

Henry Luce

Undoubtedly the most influential news magazine of the world, TIME is regularly published from prominent cities of the world. The robust managerial skills of Henry Luce and a team of efficient journalists made it the most popular weekly magazine since its inception.

8. Michael Dell

Enterprise: DELL

Fousnded in: 1984

Net worth: $18.8 billion

Enterprise Value: $22.2 billion

Bill Gates and Paul Allen1

Michael Dell is widely regarded as one of the most successful entrepreneurs who started his business leaving his medical studies. Today his Dell Corporation is one of the largest personal computer manufacturers in the world. A well known philanthropist, he is recognized as the 41st richest person in the globe.

9. Bo Peabody

Enterprise: Tripod.com

Founded in: 1992

Net worth: $10 million

Enterprise Value: $17.45 billion

Bill Gates and Paul Allen1

Bo Peabody with his William College classmate Brett Hershey started the web hosting service Tripod.com. One of the pioneers in the dot-com business, it was the first website to use user generated content. Till today, it is one of the most popular services which help people to build professional websites. Now it functions under Lycos, the present owner of Tripod.

10. Shawn Fanning

Enterprise: Napster

Founded in: 1999

Net worth: $7.5 million

Enterprise Value: $78.4 million

Bill Gates and Paul Allen1

Shawn Fanning developed the first peer-to-peer file sharing platform, Napster. It enjoyed widespread popularity among the young generation which supported the share of music files. Later it was acquired by Rhapsody. Fanning also invested in a number of technology startup companies after that.

11. Paul Orfalea

      College: USC

      Year: Developed Kinko in the year 1970

Paul Orfalea, a student at the USC, noticed a copy machine in his college library and felt that the new technology should be accessible to everyone. Orfalea took a $5000 loan and started the same facility near college campus in 1970.His facility had a single copier, an offset press along with film processing materials. Just after five years, Kinko’s had spread across California and was serving in 24 locations.

There are many others. We have listed the most famous ones.

12. Snapchat

Founder(s): Evan Spiegel & Robert Murphy

College: Stanford University 

Year Founded: 2011

13. Insomnia Cookies

Founder(s): Seth Berkowitz

College: University of Pennsylvania 

Year Founded: 2003

14. HourlyNerd

Founder(s): Rob Biederman, Peter Maglathlin, Patrick Petitti & Joe Miller

 College: Harvard University 

Year Founded: 2013

15. iCracked

Founder(s): AJ Forsythe, Anthony Martin

College: California Polytechnic State University 

Year Founded: 2010

16. EarTop Technologies

Founder(s): Ketan Rahangdale & Jaiyu Ni

College: University of Miami 

Year Founded: 2011

 

17. AthleteTrax

Founder(s): Jon Halpern, Brian Gross, Rey Coriano

 College: George Washington University

 Year Founded: 2012

18. EnvoyNow

Founder(s): Chad Massura, Anthony Zhang, Gabriel Quintela and Nick Wang

College: University of Southern California 

Year Founded: 2014

These remarkable geniuses were either school students or budding professionals when they started their businesses. Lack of capital or lack of entrepreneurship skills could not hinder their success.

MyAssignmenthelp.com salutes these masterminds who have changed our world with their brilliance and innovativeness.

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