X & Y GEN

Entrepreneurs
By : Nikhil Verma
18212010
ME-IS
Entrepreneurs

JACK MA JAN KOUM

ALIBABA WHATSAPP

X-GEN
Entrepreneurs

Y-GEN
Entrepreneurs

KEVIN
SYSTROM AZHAR IQUBAL
INSTAGRAM INSHORTS
 • Chinese business magnate, investor, and
philanthropist

• Co-founder and executive chairman of the

Alibaba Group, a multinational technology
conglomerate
JACK MA

CO-FOUNDER
• As of January 2019, he is one of China's
ALIBABA richest men with a net worth of $39.1 billion,
as well as one of the wealthiest people in the
world
 A Glimpse into his Early Life
• Ma was born on 10 September 1964 in Hangzhou,
Zhejiang, China

• Began studying English at a young age by conversing with

English-speakers at Hangzhou international hotel.

• He would ride 70 miles on his bicycle to give tourists

tours of the area to practice his English for nine years.
JACK MA

CO-FOUNDER
• He became pen pals with one of foreigners, who
ALIBABA nicknamed him "Jack" because he found it hard to
pronounce his Chinese name

• Ma attended Hangzhou Teacher's Institute (currently

known as Hangzhou Normal University) and graduated in
1988 with a B.A. in English
 Business Career
• Ma applied for 30 jobs but got rejected. One of the
workplace from where he got rejected is KFC

• In 1994 he heard about internet and in 1995 went to US

along with his friends

• Made an “ugly” website and received interests from

Chinese investors
JACK MA

CO-FOUNDER
• Raised $20,000 to start first company
ALIBABA
• Company was dedicated to create websites for Chinese
companies and was named “CHINA Pages”

• Within 3 years the company had made 5,000,000

Chinese Yuan
 Business Career
• From 1998 to 1999, Ma headed an information
technology company established by the China
International Electronic Commerce Center, a department
of the Ministry of Foreign Trade and Economic
Cooperation.

• In 1999, he quit and returned to Hangzhou with his team

to found Alibaba, a China-based business-to-business
JACK MA
marketplace site in his apartment with a group of 18
CO-FOUNDER
friends.
ALIBABA
• He started a new round of venture development with
500,000 yuan.

• In October 1999 and January 2000, Alibaba twice won a

total of a $25 million foreign venture capital investment.
 Entrepreneurial Characters

MONEY INVESTMENT LEADERSHIP ATTRIBUTE

OPPORTUNITY SEEKER NEVER GIVE UP/KEEP GROWING

7
 • Jan Koum is a Ukrainian American entrepreneur and
computer programmer

• Co-founder and former CEO of WhatsApp, a mobile

messaging application which was acquired by
Facebook Inc. in February 2014 for US$19.3 billion
JAN KOUM

CO-FOUNDER • In 2014, he entered the Forbes list of the 400

WHATSAPP richest Americans at position 62, with an estimated
worth of more than $7.5 billion.

• He was the highest-ranked newcomer to the list

that year.
 A Glimpse into his Early Life
• Koum was born in Kiev, Ukraine

• He grew up in Fastiv, and moved with his mother and

grandmother to Mountain View, California in 1992,where a
social support program helped the family to get a small two-
bedroom apartment ,at the age of 16

• His father had intended to join the family later, but he never
JAN KOUM
left Ukraine, and died in 1997.Koum and his mother
CO-FOUNDER remained in touch with his father until his death
WHATSAPP
• He has worked as a cleaner in a grocery store

• By the age of 18 Koum became interested in programming.

He enrolled at San Jose State University and simultaneously
worked at Ernst & Young as a security tester
 A Glimpse into his Early Life
• He also joined a group of hackers that began in 1996
called w00w00, where he met the future founders
of Napster, Shawn Fanning and Jordan Ritter

• In 1997, Koum met Brian Acton while working at Ernst &

Young as a security tester

JAN KOUM • Later in 1997, Koum was hired by Yahoo! as an infrastructure

engineer. He quit school shortly thereafter.
CO-FOUNDER
WHATSAPP • Over the next nine years, Koum and Acton worked there
together. In September 2007 they both left Yahoo!
 The Business Idea
• In January 2009, Koum bought an iPhone and realized that
the then seven-month-old App Store was about to spawn a
whole new industry of apps.

• He visited his friend Alex Fishman and the two talked for
hours about Koum's idea for an app over tea at Fishman's
kitchen counter.
JAN KOUM • Koum almost immediately chose the name WhatsApp
because it sounded like "what's up", and a week later on his
CO-FOUNDER
WHATSAPP
birthday, February 24, 2009, he incorporated WhatsApp Inc.
in California
 Entrepreneurial Characters

SELF MOTIVATOR PASSION DRIVEN

PERSISTENT NEVER GIVE UP/KEEP GROWING

13
 • Kevin York Systrom is an American computer
programmer and entrepreneur.

• He co-founded Instagram, the world's largest photo

KEVIN SYSTROM sharing website, along with Mike Krieger.
CO-FOUNDER
INSTAGRAM • Kevin was included on the list of America's Richest
Entrepreneurs Under 40 2016.
 A Glimpse into his Early Life

• Systrom was born in 1983 in Holliston, Massachusetts. He is

the son of Diane (Pels), a marketing executive at Zipcar

• Systrom attended Middlesex School in Concord,

Massachusetts, where he was introduced to computer
programming.
KEVIN SYSTROM
• His interest grew from playing Doom 2 and creating his own
CO-FOUNDER levels as a child.
INSTAGRAM

• Systrom attended Stanford University and graduated in 2006

with a bachelor's degree in management
science and engineering.
 A Glimpse into his Early Life
• He spent the winter term of his third year in Florence, where
he studied photography.

• He got his first taste of the startup world when he was

chosen as one of twelve students to participate in
the Mayfield Fellows Program at Stanford University.

• The fellowship led to his internship at Odeo, the company

KEVIN SYSTROM that eventually gave rise to Twitter
CO-FOUNDER
INSTAGRAM
 Career
• Worked as a Google Employee for two years

• After leaving Google he worked on BURBN (a location

recommendation startup) and pitched it to Baseline
Ventures and Andreessen Horowitz at a party.

• Within 2 weeks of quitting his job, he received

US$500,000 seed funding round from both Baseline
KEVIN SYSTROM Ventures and Andreessen Horowitz.
CO-FOUNDER
INSTAGRAM • While in San Francisco, Systrom and Mike Krieger built
Burbn, a HTML 5 check-in service, into a product that
allowed users to do many things: check into locations, make
plans (future check-ins), earn points for hanging out with
friends, post pictures, and much more
 Career
• However, recalling their studies in Mayfield Fellows Program,
Krieger and Systrom identified that Burbn contained too
many features and the users did not want a complicated
product

• They decided to focus on one specific feature, photo-

sharing

KEVIN SYSTROM • The development of Burbn led to creation of Instagram

CO-FOUNDER
INSTAGRAM • In 2010, Systrom co-founded the photo-sharing and, later,
video-sharing social networking service Instagram with Mike
Krieger in San Francisco, California which has 1 million hits
over a year
 Entrepreneurial Characters

LEADERSHIP/TEAM BUILDER PASSION DRIVEN

PROBLEM SOLVER INNOVATOR

20
 • Azhar Iqubal is 23 years old Indian Millionaire.

• In 2013, Azhar Iqbal, along with his college friends

created a Facebook Page called “News In Short”.

AZHAR IQUBAL • They aggregated news and other content such as

videos, & blogs, and summarizes them in 60 words.
CO-FOUNDER
INSHORTS
• Their app has notched three million downloads and
$24 million in funding from investors including Tiger
Global in first round
 Entrepreneurial Characters

BUSINESS MINDSET PASSION DRIVEN

PROBLEM SOLVER INNOVATOR

24
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