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Promising Young Tech Entrepreneurs 2011

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by ArabCrunch

Recently, the Bloomberg Businessweek Magazine has released the annual list of the most promising technology entrepreneurs 2011. The results are based on their startups, business description and wisest funding decision.

 

Alexa von Tobel, 27

Company: LearnVest

LearnVest is the one-year-old startup that aims to educate women about finance. The company was founded and run by 27-year-old Alexa von Tobel who learned about personal finance and later dropped out of Harvard Business School to start it up. The website helps women with tips and tools for creating and sticking to a budge. In addition, it also has online “boot camps” which focus on personal finance basics, getting out of debt, cutting costs, and building wealth.

LearnVest first has $ 1.1 million in seed funding and later $ 4.5 million from Accel Partners in 2010

 

Sanjit Biswas, 29

Company: Meraki

Sanjit Biswas set up Meraki in May 2006 while he was studying at the Massachusetts Institute of Technology. The cloud networking company aims to provide hardware and software for building large scale wired and wireless networks. The company was received funding of $ 40 million from Google, Sequoia Capital, and DAG Ventures.

Sanjit Biswas

 

Dan Carroll, 29

Company: Wealthfront

Dan Carroll, who has invested to stocks at the age of 15, established Wealthfront in 2007 to advance transparency in investing. Dan Carroll once said, “Their experience building companies, connections, and insights proved very helpful, as a first-time entrepreneur navigating the muddy waters of building a company”.

Dan Carroll

 

Aaron Harris, 26, Ryan Bednar, 25, and Josh Abrams, 27

Company: Tutorspree

Tutorspree was founded to ensure all students get access to the same sort of academic help that got him into Harvard

 

Alex Rampell, 29

Company: TrialPay

TrialPay was founded in 2006 by Alex Rampell who run his own business at the age of 10. The company provides free virtual goods at online stores

 

Jared Hecht, 24; Steve Martocci, 29

Company: GroupMe

Co-founders Steve Martocci and Jared Hecht caught up with GroupMe which functions similarly to a traditional online chatroom

 

Matt Mullenweg, 27

Company: Automattic/WordPress

Mullenweg once found it difficult to write a personal blog on politics and jazz so he created Automattic, the company behind WordPress, in 2003 as an easy way to use blogging service.

Matt Mullenweg

 

Rich Aberman, 26; Bill Clerico, 25

Company: WePay

The student Rich Aberman and dissatisfied investment banker Bill Clerico co-founded the WePay which received $ 9.2 million from Highland Capital Partners

 

Alexa von Tobel LV Reel

 

Related links:

Internet Entrepreneur

The Young Entrepreneur Society

What Makes The Young Entrepreneur A Leader?

Jolie Crussel, an economic expert, is keen on analyzing the economic situations in the world. Currently, she often delivers lectures on economic solutions to students and provides advice for many firms

Tags:

young tech,young tech entrepreneur

Short URL: http://www.youngbusinessowner.com/?p=1291

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