Word: founders
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...essentially the largest revision we've made in the past two or three years," Sergey Brin, Google's co-founder and president of technology, tells TIME. "It's really a significant undertaking." But with a 64% share of the search market, far ahead of rivals Yahoo! (22%) and MSN (9%), according to Hitwise, an online market research firm, why does the world's most visited site and most valuable brand need to toy with a core product that isn't broken...
...Founder and president Jason Fried, 33, decided early on that he didn't need to be in the shiny valley of Silicon to make cool software. Half his team works out of a plain-vanilla Chicago office that 37signals shares with a design studio. The other four are scattered: Portland, Ore.; Chesapeake, Va.; Caldwell, Idaho; and New York City. This tiny crew, only three of whom graduated from college, has built software that many in the world of Web 2.0 consider the best for small-business collaboration. One of its development tools, Ruby on Rails, is the backbone for dozens...
...launched, Fried says he has fended off more than 30 venture capitalists offering to fund his company. He turned them down, Fried says, because he wants to keep control instead of selling out to a larger player, as VC-funded start-ups often do. Last July, though, Jeff Bezos, founder of Amazon, bought a minority share of 37signals with his own money, setting 37signals alongside space travel in the Bezos portfolio. Fried says he was impressed with the Amazon chief's appreciation of 37signals' ethos and felt having Bezos on his team would be helpful if he ever faced obstacles...
...then served as director of the Vienna-based Investment Management and Advisory Group (IMAG), launched by Russia. In 1997, Medvedev had his first taste of hydrocarbons as vice president of Eastern Oil Company (EOC), co-owned by IMAG with Yukos. Then, late in 1997, Medvedev clashed with Yukos founder Mikhail Khodorkovsky, who eased EOC out of the deal. Eventually, however, Yukos would be broken up by the state and Khodorkovsky controversially sent to prison...
...Mansour have no names anymore. They are identifiable not by what is there now but by what used to be. In the center of the neighborhood, our armored humvee circles around the crater that once held a 20-ft.-tall statue of Abu Jaffar al-Mansour, the 8th century founder of Baghdad; it was pulverized by a homemade bomb in 2005. To keep their bearings, the troops have taken to identifying routes by the names of 1980s heavy-metal bands. We drive down Bon Jovi, where the barbershop used to be, and pass Skid Row, which had the best falafel...