Top Serial entrepreneur | Understanding of Serial entrepreneur
Serial Entrepreneurs come up with innovative concepts to launch a company based on them. They forgo the stability of a wage-earning career and carry out their own efforts. Serial Entrepreneurs repeatedly take up this opportunity.
Serial Entrepreneurs come up with innovative concepts to launch a company based on them. They forgo the stability of a wage-earning career and carry out their own efforts, taking all the dangers in anticipation of big rewards.
A Serial Entrepreneurs repeatedly takes up this opportunity. When a specific company has been created, it delegates the obligation to manage its activities and goes on to other projects. They may even be selling earlier businesses.
Serial entrepreneurs frequently enjoy windfall benefits as their businesses are acquired at large discounts or manage to earn money without any work on their side.
#Andreas von Bechtolsheim:
The co-founder of Sun Microsystems was influential in creating the company — founded in 1982—a billion dollar corporation. In 1995, he left Sun and set up Granite Systems to manufacture network switches. It was offered to Cisco Systems for $220 million in a year. In 2001, he founded a server infrastructure business named Kealia, which was sold to Sun Microsystems in 2004, giving it back to the Sun management team. In 2005, he co-founded Arista Networks, a high-speed networking business. He has co-founded HighBAR ventures, a venture capital investment group that has invested in a variety of technology start-ups. He was one of Google's early founders, raising $100,000 in 1998 before Google, Inc. was even formed as a corporation. Its net wealth in 2018 is about $6.7 billion.
#Sir Richard Branson:
The Virgin Company Industry Empire Base goes back to 1970, when 20-year-old Richard Branson began a mail order record business. Today, the Virgin Company controls more than 200 independent firms, each of which is owned by separate owners. Its diversified set of businesses spans a wide range of products and services. For every good business under the Virgin name, such as Virgin Atlantic and Virgin Music, there are several other failed Virgin companies, such as Virgin Cola, Virgin Brides, Virgin Liquor and Virgin Clothes.
Drury is a technology-oriented serial capitalist based in New Zealand. In 1995, he set up Glazier Systems, which focused on software development and consulting services. He finally sold it for $7 million in 1999. After that, he created AfterMail, which was purchased by Quest Software for $15 million in 2006. In 2006, he set up Xero, a software-as-a-service ( SaaS) firm. He also co-founded a corporation named Pacific Fiber, which sought to create an internet cable linking the United States with Australia and New Zealand, but it did not succeed. In 2017, he sold $95 million worth of Xero 's stock and switched from CEO to non-executive director in March 2018.
#Janus Friis and Niklas Zennström:
These billionaire Scandinavian founders have a variety of technology companies to their credit. The peer-to - peer file sharing programme named Kazaa was their brainchild, but the duo came to the fore with Skype, the first popular computer-to - computer voice and video call programme. Skype was sold to eBay, Inc. for $2.6 billion in 2005. Zennstrom joined Skype in 2007, before selling $8.5 billion to Microsoft in 2011. Zennstrom is currently based on Atomico, a venture consortium that has invested in more than 50 technology firms. Janus Friis went on to explore Starship Developments in 2014.
Hamoui, who dropped out of the MBA programme at the Wharton School at the University of Pennsylvania, has set up four different companies. The most popular among these was Admob, a mobile advertisement network portal. Admob was sold to Google for $750 million in 2009. Other ventures include Fotochatter, a mobile photo-sharing network, and Maybe, Inc., acquired by LinkedIn in 2013. He is currently a partner of the venture capital firm Sequoia.
The US corporate tycoon with a total value of $2.6 billion is credited with the creation of three multi-billion dollar firms, both members of Fortune 500. These include Waste Management, Inc., founded in 1968, with a single garbage truck; Blockbuster video in 1987, which became the leading film rental chain; and AutoNation in 1996, which became the largest automotive dealer in the U.S. He operated three sporting franchises: the Miami Dolphins, the Florida Marlins and the Florida Panthers. He was also active in the creation of six prominent NYSE-listed firms. Huizenga died at 80 years of age on 22 March 2018.
Josh Kopelman began his entrepreneurial career in Wharton. In 1992, he created Infonautics Corp., which was successfully published in 1996. Over the next two years, he created a variety of online companies, including Half.com for used books and music gadgets, and TurnTide, an anti-spam device. Half.com was bought by eBay less than a year after it launched, and TurnTide was purchased by Symantec Corp. within six months. Josh Kopelman is currently the managing director of First Round Capital, which has been financing Internet companies for the last 20 years. In 2018, the New York Times listed third-largest venture capitalist. Its assets include Mint.com and StumbleUpon.
Michael Rubin is a well-established internet and sports serial entrepreneur with an estimated net value of $3 billion in 2018. Well before he went to college, Michael Rubin had acquired a chain of five ski shops in his hometown of Lafayette Hill, Pa. Later, he set up KPR sports, a sports equipment company that received $50 million in revenue by 1995. His 1998 company, Global Sports, subsequently renamed GSI Commerce (a billion dollar e-commerce company), was acquired by eBay for $2.4 billion. After, eBay sold three consumer divisions back to Rubin, who combined them together to create Kynetic today. This includes Fanatics, Inc. (Sports Apparel Vendor), Rue La La (Flash Sales Site) and ShopRunner (Member Service Platform devoted to online shoppers). Michael Rubin has also invested in the 76-strong Philadelphia basketball team and the New Jersey Devils hockey team.
#The Samwer Brothers:
Entrepreneurship is not only about original ideas; it's about stealing best strategies and doing them well. Centered in Germany, the Samwer brothers — Alexander, Marc and Oliver — established Alando, which was considered to be an eBay imitation. It was finally sold to eBay for $50 million in 1999. The next venture, called Jamba! Established in 2000, it provided mobile SMS content, including ringtones, online games, online dating and mobile phone insurance. It's Jamba! It was sold to VeriSign for $270 million in 2004. In 2007, they formed Rocket Internet SE, a parent company used to recreate established multinational companies in local markets. It is now successfully involved in the financing of start-ups for various internet companies, including Foodpanda, Home24, Spotcap and HelloFresh. Samwers were also early Facebook investors in 2008. The net value of each Samwer brother is at least $1.2 billion.
This prominent American philanthropist, media leader and producer, well known for her award-winning talk show, "The Oprah Winfrey Show," began her career as a local TV anchor. In 1986, Harpo Producers, Inc., which had the rights to the Oprah Winfrey Show from 1988 onwards, formed the base of its entrepreneurial projects. By the end of the 1990s, she was the wealthiest woman in the show business, with a net worth of $2.8 billion in 2018. She is a co-founder of Oxygen, a cable channel, and founded the Oprah Winfrey Network (OWN) in 2011. She publishes O, Oprah Magazine, and has written five books.