Republic of the Philippines

CEBU TECHNOLOGICAL UNIVERSITY - MAIN CAMPUS

M. J. Cuenco Avenue Cor. R. Palma Street, Cebu City, Philippines
Website:http://www.ctu.edu.ph Phone: +6332 402 4060 loc. 1137
College of Engineering
Electronics Engineering Department

TECHNOPRENEURSHIP
CASE STUDY 1

SUBMITTED BY:

Dakay, John Steve

Debabao, Rommel
Jumao-as, Darich Dave
Mayorga Jizsa Marie

SUBMITTED TO:
Engr. Dyanne Brendalyn M. Cavero

A premier multi-disciplinary technological university

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"There are no secrets to success. It is the result of preparation, hard work, and learning from failure."
- Colin Powell

While we have learned the concepts and principles of technopreneurship, it is time to dig into the
depths of business successes and how they can inspire us. Factually, there are many businesses worldwide,
different stories, different startups, and different styles. In this paper, we will know the stories behind these
businesses, from where they started to how it is going in the present. We will introduce 19 business successes
beginning with (1) Mr. Marc Russel Benioff, Chair, Co-CEO, Co-Founder of Salesforce, and a cloud
computing pioneer. Under Benioff's supervision, Salesforce is the #1 provider of global customer
relationship management (CRM) software and one of the world's fastest-growing corporation software
companies. Benioff launched Salesforce in 1999, and it is now a Fortune 150 company with 75,000
employees, guided by four core values — trust, customer success, innovation, and equality. The company is
known as the Most Innovative Company by Forbes, a Best Place to Work by Fortune, and the 10th Most
Admired Company in the World by Fortune. Before Salesforce, he spent 13 years at database software giant
Oracle as a protege of Larry Ellison. Salesforce was a pioneer in hosting its software online rather than
installing it in clients' computer systems. He's an angel investor in dozens of tech startups and a prolific
philanthropist. Benioff and his wife Lynne have pledged $350 million to the University of California, San
Francisco, for its children's hospitals and research. Benioff currently belongs to rank #143 on Forbes 400
and rank #275 for Billionaires in the year 2022. As of September 28, 2022, his real-time net worth is 6.4
billion. Salesforce growth is expected to grow even further while the company invests in new technologies
and sales tools. In addition, the increasing popularity of mobile salesforce apps drives salesforce growth as
businesses look for ways to increase productivity and efficiency.

(2) Mr. Jeffrey Preston Bezos is an American entrepreneur who played a vital role in the growth of e-
commerce as the founder and chief executive officer of Amazon.com, Inc., an online merchant of books and
later a wide variety of products. Under his guidance, Amazon became the most extensive retailer on
the World Wide Web and the model for Internet sales. In 1994 he quit D.E. Shaw and moved to Seattle,
Washington, to open a virtual bookstore. Working out of his garage with a handful of employees, Bezos
began inventing the software for the site. Named after the South American river, Amazon sold its first book
in July 1995. After that, Amazon quickly became an executive in e-commerce. Open 24 hours a day, the site
was user-friendly, enabling browsers to post their reviews of books and offering discounts, personalized
proposals, and searches for out-of-print books. Amazon is guided by four principles: customer obsession
rather than competitor focus, passion for invention, commitment to operational excellence, and long -term
thinking. Amazon aspires to be Earth's most customer-centric company, Earth's best employer, and Earth's
safest place to work. He now owns a bit less than 10% of the company. Bezos and his wife MacKenzie
divorced in 2019 after 25 years of marriage, and he transferred a quarter of his then-16% Amazon stake to
her. Bezos has granted more than $400 million worth of stock to nonprofits in 2022, though its unclear which
organizations received those shares. Bezos owns The Washington Post and Blue Origin, an aerospace
company developing rockets; he briefly flew to space in one in July 2021. Bezos is ranked #2 in Forbes 400
and Billionaires for 2022.

(3) Mr. Sergey Mikhailovich Brin is an American computer scientist and entrepreneur who started,
along with Larry Page, the online search engine Google, one of the most prosperous sites on the Internet.
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After receiving degrees (1993) in computer science and mathematics at the University of Maryland, he
entered Stanford University's graduate program, where he met Page, a fellow graduate student. Both were
captivated by the idea of improving the capacity to extract sense from the data accumulating on the Internet.
They began working from Page's dormitory room to devise a new type of search technology that leveraged
Web users' ranking abilities by tracking each site's "backing links"—the number of other pages linked to
them. Brin received a master's degree in 1995, but he went on leave from Stanford's doctorate program to
continue working on the search engine. The company changed its name again in 2015 to Alphabet Inc. and
now performs as a technology conglomerate owning Google and its subordinates. Insider reports Alphabet
is structured into two parts: Google, and Other Bets, which focus on the company's other business
experiences. Some of these companies include FitBit, Waze, and YouTube. Google went public in 2004 and
began switching as Alphabet, a newly created parent company, in 2015. Brin was absent from public
Alphabet events for much of 2019; he spent his time on Alphabet's moonshot research lab X. Brin is
reportedly subsidizing a high-tech airship project. Brin is currently ranked #7 in Forbes 400 and Billionaires
for 2022, and it has 83.1 billion real-time net worth as of September 28, 2022.

(4) Mr. Michael Saul Dell is chairman and chief executive officer of Dell Technologies, an innovator
and technology leader furnishing the crucial infrastructure for organizations to build their digital future,
recast IT, and protect their most important information. Michael's story started when he launched Dell
Technologies with $1000 in 1984 at 19. Notably quoted as saying that "technology is about enabling human
potential," Michael's vision of how technology should be designed, fabricated, and sold forever changed the
IT industry. In 1992, Michael became the youngest CEO ever to earn a ranking on the Fortune 500. Known
and admired for his sharp business vision and bold moves, Michael took Dell Technologies private in 2013,
setting the stage to architect the largest technology deal in history with the combination of Dell and VMware
in 2016 and the subsequent relisting of Dell Technologies on the public markets in 2018. Michael continues
to serve as chairman of the VMware board of directors following the spin-off of VMware from Dell
Technologies in 2021. The company, first named PC's Limited, was founded in 1984 by American Michael
Dell, then a student at the University of Texas in Austin. Originally running the business from a dormitory
room, Dell started out equipping customized upgrades for PCs. The venture was ascertained profitable, and
Dell dropped out of college that same year to begin building PCs. In this year, 2022, Dell
launched PowerProtect Cyber Recovery for AWS. This new Dell AWS offering stimulates developers to
perform adaptive analysis, scan metadata and complete files, and use machine learning and forensic tools to
detect, interpret and rev recover data. Much of Dell's fortune lies in his investment firm MSD Capital, which
has stakes in hotels and invests in liquid corporate credit. In May 2017, Dell donated $1 billion to his
foundation, which focuses on child deprivation; it makes impact acquisitions and charitable assistance. Dell
ranked #16 in Forbes 400 and #24 for Billionaires in 2022.

(5) Jack Dorsey is an American businessman who co-founded Twitter. Twitter, an online social
networking service that enables users to send and read short messages called ‘tweets,’ is one of the ten most-
visited websites in the world. Dorsey is also the founder of ‘Square,’ a mobile payments company that
markets several software and hardware payments products. Born on November 19, 1976, in St. Louis,
Missouri, United States, to Marcia Smith and Tim Dorsey. He went to ‘Bishop du Bourg High School’ in St.
Louis, Missouri. He was known to be a quiet student as he suffered from stuttering. Jack was determined to
overcome his problem and hence participated in a variety of oratory competitions and was finally able to
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speak without stuttering. A computer programmer by profession, he became interested in dispatch routing
while still in his teens. He loved computers from as long as he can remember and spent hours studying the
IBM computer model available at that time. He was fascinated with the concept of coordinating taxicabs,
couriers, emergency services, and other fleets of vehicles and wanted to create a live map of his city,
displaying the vehicles in motion as small moving red dots. He was just 15 when he wrote a program for
dispatching taxis and firefighting services. He went on to study at the ‘Missouri University of Science and
Technology’ before shifting to the ‘New York University’ where he first came up with the idea for Twitter.
He dropped out before receiving his degree to follow his passion. Teaming up with his friends, he launched
Twitter in 2006.

(6) Rosalía Mera Goyenechea, at the time of her death, was the richest self-made businesswoman in
Spain and in the world. In 1975, she co-founded the Zara retail chain with her ex-husband Amancio Ortega
Gaona. The company then expanded to become the world’s largest fashion retailer. Rosalia Mera was born
in A Coruña, Galicia, Spain in 1944. She was the daughter of a father who worked at an electricity company
and a mother who ran a butcher’s shop. Mera left primary school aged 11 to work at La Maja, a well-known
clothes shop in the city, first as a night seamstress sewing up the day’s orders and then as a shop assistant.
Inditex’s flagship is Zara, the clothing brand that today has about 1,750 shops in 86 countries. Zara is a
Spanish fast fashion retailer brand. It is focused on design, production, distribution, and sales through its
extensive retail network. Zara’s products range from clothing, accessories, shoes, swimwear, beauty, and
perfumes. Zara changed the apparel industry, chiefly by speeding up its mass-market response to new designs
coming from the leading fashion houses in Paris, Milan, New York, and other cities. Zara could come up
with its own variations on those designs and have them in stores within two weeks; previously, six months
was the industry average. In 1973, Mera had returned to school to qualify as a primary school teacher and
received a diploma in health. She later studied psychology. In 1986, she launched the Paideia Galiza
Foundation, a broad-reaching charity to assist mentally and physically disabled people and develop women’s
initiatives. She worked actively in the foundation and was its main spokesperson. On 14 August 2013, Mera
was admitted to a hospital in Menorca in an ‘irreversible situation’ after suffering a stroke. She had been
transferred to the Hospital San Rafael de A Coruña where she later died of complications. She was buried in
the cemetery of the church of Santa Eulalia of Liáns, in Oleiros (A Coruña).

(7) Diane Greene serves on the board of Intuit, the MIT Corporation, and the Peninsula Open Space
Trust (POST), works actively with several private technology companies, and is on the Stanford School of
Engineering Advisory Board. Diane was a cofounder and the CEO of VMware (VMW), from 1998 to 2008,
leading the company through an IPO and to a $2B run rate. Before that, she co-founded and was CEO of a
low bandwidth streaming video company, VXtreme. She has held engineering and management positions at
SGI, Tandem, and Sybase, ran engineering for Windsurfing International, and worked as a naval architect
designing ships and large ocean structure deployment systems. Greene’s degrees include a BS in mechanical
engineering, an MS in naval architecture, and an MS in computer science from the University of Vermont,
MIT, and the University of California, Berkeley, respectively. Diane is married, has two children, and was
the 1976 National Women's Sailing Dinghy Champion. She was named among Forbes’ “America’s Top 50
Women in Tech'' in 2018 and received the 2017 Abie Award for Technical Leadership from AnitaB.org. She
has been featured as a protagonist of LinkedIn co-founder Reid Hoffman’s “Masters of Scale” podcast series,
among other successful businesspeople such as Mark Zuckerberg, John Elkann and Brian Chesky. She now
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focuses her time and energy on education and mentoring, investing in and helping female founders/CEOs
who have engineering or science backgrounds. “I want to encourage every woman engineer and scientist to
think in terms of building their own company someday,” she says.

(8) “Pony Ma,” as he is nicknamed, is the founder of Tencent, Inc., which is one of the biggest
Internet firms in China. According to the statistics of October 2014, he is the 2nd richest person in China,
and the 65th richest billionaire in the world. Ma’s nickname, Pony comes from his family name, which when
translated into English, becomes “horse.” As a teenager, Ma shifted to Shenzhen. He studied software
engineering at the Shenzhen University and graduated in 1993.After completing his studies, Ma worked at
various companies such as China Motion Telecom Development Ltd. and Shenzhen Runxun
Communications Co. Ltd. in the research and development department for Internet paging systems and
Internet calling systems, respectively. In 1998, Ma co-founded Tencent, Inc. along with 4 friends. The money
they put into starting the company mainly came from earnings at the stock market. As it happens with most
startups, Ma and his friends found the going quite difficult in the first few years after establishing the firm.
He took up various roles ranging from janitor to website designer, to keep the company afloat. Tencent
offered e-mail and internet paging services initially. In 1999, Tencent launched its internet messaging service
called QQ (originally named OICQ). To capture a greater market share, Tencent began to offer the service
as a free download. The result was that over 5 million users joined the service in 1 year. Ma could now offer
QQ users more benefits, such as ringtones and memberships. He provided more services for cellular phones
and customized some products. In 2004, Tencent became the largest instant messaging service in China. It
was given the title “China’s answer to AOL.” In June 2004, Tencent floated its initial public offering on the
Hong Kong Stock Exchange. Stock prices rapidly rose to almost 60 percent. Ma did not rest assured that
Tencent was going to continue being successful. He continued to expand while retaining the core instant
messaging business. Thus, in 2004, Tencent announced that it would be adding games to its services. This
announcement served to pull in over 1 million online gaming people in China. He looked towards e -
commerce and how it could be added to Tencent’s services. He signed a partnership deal with Google but
did not sell out. Tencent’s mobile messaging application, WeChat, had more than 200 million active users
in 2012.Tencent figures on the 2013 Forbes Asia Fab 50 list of the region’s best big companies. He was
named Innovative CEO of the year in 2015.

(9) Dr Mohamed Mo Ibrahim is Sudanese-born British entrepreneur, who is popularly known as the
telecommunication giant of the African continent. Mo Ibrahim was born in 1946 in Sudan. His father was a
clerk by profession. The family moved to Egypt when Ibrahim was young. Academically trained as an
electrical engineer, Ibrahim stepped into the world of mobile communications immediately after completing
his graduation. Having learned the nuances of the field, he went on to establish his own company Mobile
Systems International that designed mobile networks. His magnum opus came when he founded Celtel
International. The company became one of the largest mobile communication services providers in the
African continent, catering to more than a dozen countries and millions of users. Celtel changed the way
people lived, making mobile communications a vital part of existence. Following the deal in which he sold
Celtel to Kuwait’s Mobile Telecommunication Company he diverted his energy to philanthropic works,
initializing Mo Ibrahim Foundation. The foundation aims at recognizing and rewarding excellence in Africa
Leadership through its Ibrahim Prize for Achievement in African Leadership. In 2012, he was conferred with
two awards: the Millennium Excellence Award for Actions in Africa and the David Rockefeller Bridging
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Leadership Award. In 2011, he received the Africare Leadership Award and Kiel Institute Global Economy
Prize. He is the most powerful black man in Britain and is credited with transforming a continent.

(10) Sandy Lerner is a successful entrepreneur, businesswoman, and devoted philanthropist, best
known in the technology industry as the co-founder of Cisco Systems with her partner Len Bosack. In 1986,
she and Bosack started Cisco Systems where Lerner headed up all departments except engineering. Through
Lerner and Bosack’s leadership, a corporate technical and cultural foundation was put in place, which
allowed Cisco to grow and dominate the marketplace. Many aspects of this initial foundation remain in place
at Cisco today. They led the development of ideas such as the first high-performance multi-port interface
line cards designed specifically for routers and new sophisticated routing protocols. Networks throughout
the world continue to rely on these and other innovations whose beginnings can be traced to the work of
Bosack and Lerner. Lerner’s charitable activities include working with animal welfare and animal rights
organizations, creating and improving animal shelter internetworking and various other animal causes. In
1992, Lerner established the Centre for the Study of Early English Women’s Writing and the Chawton House
Library in Hampshire, England, donating her collection of works by women writers published pre-1830. For
her various charitable efforts, Lerner has been awarded four honorary Ph.D. degrees and numerous other
awards. She currently resides in Virginia where her organic Ayrshire Farm has achieved recognition as the
first veal operation, restaurant, and butcher shop to be Certified Humane in the United States. Lerner
continues to devote her time and efforts to her work with Chawton House Library and the animal welfare
community worldwide.

(11) “Life is about creating yourself”. Robin Li was among those people who created a different
meaning for their lives. Li is a Chinese internet Entrepreneur who was born on 17th November 1968 in
Yangquan, China. He is more popular as co-founder of Baidu, a popular Chinese search engine. Robin Li
spent most of his childhood in Yangquan. His parents worked in a factory, and he has four siblings. He was
the only son to that couple. He is married to Dongmin Ma. The couple has four children. Li earned bachelor’s
degree in Science from Peking University. Later he joined University at Buffalo and received his master’s
degree in the year 1994. Li started his career in the year 1994 at IDD information services where he worked
on the online edition development for The Wall Street Journal. He worked on search engine algorithm
improvement as well. In the year 1996, while Robin Li was still working with IDD, he developed search
engine page ranking algorithm – Rankdex. This was awarded the US patent. Google was also inspired by
RankDex. He developed Baidu based on this very algorithm. He discontinued with IDD in the year 1997.
Robin joined Infoseek in the year 1997 and worked till 1999. In the year 2000, along with a biochemistry
doctor Eric Xu, he co-founded Baidu. He became the company head in August 2004. And after one year, in
2005 he introduced the company in NASDAQ. Just in few hours after introducing in NASDAQ, Baidu’s
shares price raised to 350 percent. By 2010, Baidu became the top search engine of China, and this was when
the revenues of Robin Li doubled. Almost Eighty percent of the searching in China is done using Baidu.Baidu
has almost 10,000 employees. In the year 2007, CNN recognized Li as one among the most important 50
persons in the world. According to Forbes, Robin Li has a net worth of $14.7 billion. He is the wealthiest
man in China by Forbes and 119th richest man in the world.

(12) Jack Ma, originally Ma Yun, (born September 10, 1964, Hangzhou, Zhejiang province, China),
Chinese entrepreneur who was head of the Alibaba Group, which comprised several of China’s most popular
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Web sites, including the business-to-business marketplace Alibaba.com and the shopping site Taobao.com.
Ma became interested in the English language as a young boy, and during his teens he worked as a guide for
foreign tourists to Hangzhou. Ma failed the entrance exam for the Hangzhou Teachers College twice. (His
weak point was mathematics.) He was admitted on the third try, in 1984, and he graduated with a bachelor’s
degree in English in 1988. From 1988 to 1993 he taught English at the Hangzhou Institute of Electronics and
Engineering (now Hangzhou Dianzi University). On a trip to the United States on behalf of the Hangzhou
city government in 1995, Ma had his first encounter with the Internet and saw the lack of Chinese Web sites
as a great business opportunity. On his return, he founded China Pages, which created Web sites for Chinese
businesses and was one of China’s first Internet companies. He left the company two years later, however,
partly because of strong competition from the communications company Hangzhou Telecom, which had
founded a rival company, Chinese page. From 1998 to 1999 Ma was head of an Internet company in Beijing
that was backed by the Ministry of Foreign Trade and Economic Cooperation. In 2003 Ma created a new
company, the consumer-to-consumer online marketplace Taobao (Chinese: “searching for treasure”). At the
time, the American company eBay, in collaboration with the Chinese company EachNet, had a market share
of 80 percent, but Ma felt that eBay-EachNet’s policy of charging users a transaction fee was a weakness. In
2003 Ma created a new company, the consumer-to-consumer online marketplace Taobao (Chinese:
“searching for treasure”). At the time, the American company eBay, in collaboration with the Chinese
company EachNet, had a market share of 80 percent, but Ma felt that eBay-EachNet’s policy of charging
users a transaction fee was a weakness. In 2011 Ma announced that Taobao would split into three companies:
Taobao Marketplace, where individuals could buy and sell goods; Taobao Mall, an online shopping portal;
and eTao, a shopping-related search engine. In September 2014 the Alibaba Group debuted an IPO on the
New York Stock Exchange that raised $21.8 billion.

(13) Hasso Plattner was born in Berlin in 1944. Having moved to the South of Germany briefly before
high-school graduation, Hasso went on to study Communications Engineering at the Karlsruhe Institute of
Technology graduating in 1968 with a degree in engineering. That same year, he began working as a program
developer at IBM Germany in Mannheim. In 1972, merely four years later, Hasso together with four former
colleagues at IBM, founded SAP, an enterprise software company that was to become a global company
group with more than 100,000 employees worldwide today. When the company went public in 1988, Hasso
was appointed Deputy Chairman of the Executive Board and served as CEO from 1997 to 2003. In 2003,
Hasso retired from SAP’s day-to-day business and moved to the Supervisory Board as Chairman. As Chief
Software Advisor, he still advises SAP on its medium- and long-term technological orientation and strategy.
In 2005, Hasso founded the HPI Research School, an interdisciplinary doctoral program that now also has
branches at Cape Town University in South Africa, Technion in Israel, and Nanjing University in China. In
2010, the Hasso Plattner Institute of Design at Stanford University in California was founded to prepare a
generation of innovators to tackle complex challenges. In 2013, Hasso joined the Giving Pledge initiative by
Bill and Melinda Gates and Warren Buffet to donate most of his wealth for philanthropy and charity. After
signing the Giving Pledge, he established the independent not for profit Hasso Plattner Foundation in 2015.
In 2017, he opened the Museum Barberini in Potsdam, which he chose to be home to his impressionists.
Combining his love for art and his tech expertise, he initiated and co-founded the renowned Wildenstein
Plattner Institute in New York City which is dedicated to the study of art history and to fostering the
accessibility, cataloging, and digitization of archival materials that support critical research in the field. In
2016, Hasso triggered HPI’s expansion into the digital health sector. Since then, the HPI established a Digital
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Health Center in Potsdam and a sister center at the Mount Sinai hospital in New York City. Combined with
a new health data platform and research initiative (Data4Life), the aim is to help to digitize research,
treatments, and health care systems.

(14) Named one of "America's Best Leaders" by U.S. News and one of TIME's 100 "Innovators for
the 21st century," Linda Rottenberg is considered among the most dynamic experts’ entrepreneurship,
corporate innovation, leadership. A frequent keynote speaker at Fortune 500 companies, and subject of
multiple Harvard and Stanford business school case studies, Rottenberg has won acclaim for her pioneering
work. ABC and NPR declared her "the entrepreneur whisperer;" Tom Friedman dubbed her the world's
"mentor capitalist;" Business Insider named her "Ms. Davos;" and for years she was known as "La Chica
Loca" (the crazy girl) for insisting that entrepreneurs existed outside of Silicon Valley, in emerging and
growth on and markets. As co-founder and CEO of Endeavor, Rottenberg has led the global entrepreneurship
movement for two decades. Headquartered in New York, with 60 offices spanning the globe, Endeavor
rigorously selects, mentors, and co-invests in innovators with the greatest potential to grow their businesses
and move the needle of their economies. In 2013, Endeavor brought its proven entrepreneur scale-up model
to several U.S. cities. Currently, the 1,400+ Endeavor Entrepreneurs, candidates, provide 650,000 jobs and
generate $10BN+ in annual revenues. Today, Rottenberg also leads Endeavor Catalyst LP Funds I and II,
rules-based funds totaling over $100M that Screened from Over 50,000 invest in Endeavor Entrepreneurs.
Rottenberg is also the author of the New York Times bestseller, "Crazy is A Compliment: The Power of
Zigging When Everyone Else Zags," published in October 2014. In that book, she argues that
entrepreneurship isn't just for young techies in hoodies. Whether you work at a Fortune 500 company, a non -
profit, a mom-and-pop, or a startup, everybody needs the mindset to think and act like a change-maker. We
all need to be nimble, adaptive, daring, and maybe even a little crazy, or risk being left behind. Rottenberg
has been profiled in the Wall Street Journal, Forbes, The Economist, Financial Times, and more, and has
appeared on GMA, Today Show, NPR, CNN, Fox News, Fox Business, and Bloomberg News. Dell featured
her in its "Take Your Own Path" ad campaign; Veuve Clicquot named her Businesswoman of the Year. A
graduate of Harvard University and Yale Law School, Rottenberg lives in Brooklyn with her husband, author
and New York Times columnist Bruce Feiler, and their identical twin daughters.

(15) Gil Shwed, considered the inventor of the modern computer firewall, founded Check Point
Software in 1993 with Shlomo Kramer and Marius Nacht. CEO Gil Shwed founded Check Point Software
Technologies Ltd. (NASDAQ: CHKP) in 1993. From our inception, we had a vision of making Internet
communications and critical data secure, reliable, and available everywhere. Since then, we have grown to
be one of the largest pure-play security vendors globally and provide industry-leading solutions to protect
customers from all types of cyberattacks. Mr. Shwed has received numerous accolades for his individual
achievements and industry contributions, including the Israel Prize for his contributions to the Israeli tech
industry and philanthropy, an honorary Doctor of Science from the Technion – Israel Institute of Technology,
an honorary Doctor of Science from Tel Aviv University, the World Economic Forum’s Global Leader for
Tomorrow for his commitment to public affairs and leadership in areas beyond immediate professional
interests, and the Academy of Achievement’s Golden Plate Award for his innovative contribution to business
and technology. Check Point is presently focused on what it calls "fifth generation cyber security," or “Gen
V.” It identifies the fifth generation as focused on large-scale and fast-moving attacks across mobile, cloud
and on-premises networks that easily bypass the conventional, static detection-based defenses being used by
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most organizations today. On 23 July 2020, Aryaka confirmed an alliance with Check Point Software
Technologies to optimize the SD-WAN system operated by Aryaka Cloud-First, and Check Point
CloudGuard Link and CloudGuard Edge to provide optimized protection and SD-WAN as-a-Service

(16) Tulsi Tanti is the Founder, Chairman and Managing Director of Suzlon Group, an Indian MNC
and a prominent player in the global renewable energy sector. A visionary and world-renowned expert on
clean energy, he champions the cause of affordable and sustainable energy. He is also a firm believer in
creating sustainable businesses and economies through energy independence and security. Tulsi Tanti leads
the strategic growth initiatives of the businesses of Suzlon Group which provide a full spectrum of green
power solutions. The group has a market capitalization of over USD 1.5 billion and an international presence
across 18 countries in 6 continents. In 1995, founder Tulsi Tanti was managing a 20-employee textile
company. Due to the erratic availability of power locally, and its rising costs, the highest business
expenditure after the raw materials was electricity] The cost of electricity also offset any profits made by the
company. After providing electricity for his own company, Tanti moved into wind energy production to
secure the textile company's energy needs and founded Suzlon Energy. After attaining a leadership position
in wind power generation, Suzlon was listed on the Bombay Stock Exchange and the National Stock
Exchange. Its IPO was oversubscribed by 15 times, a testimonial to the company’s leadership as a renewable
energy player. In 2005, Suzlon achieved a new milestone in its growth by crossing the 1GW installed
capacity mark in India. Its new and improved WTG suites, such as the 2.1MW generator, facilitates better
and efficient harnessing of wind power. In just over a decade since it was formed, Suzlon achieved the super
brand status –a testament to its leadership and technological innovation. Suzlon became the only power
company in India, the sole renewable energy company in Asia and the lone wind power company in the
world to achieve this status. It also ranked #5 in the world among WTG manufacturers in terms of installed
capacity. On 17 January 2017, Suzlon Energy achieved 10,000 megawatts installed wind energy milestone
in India. Suzlon's 10,000 MW of wind installation is capable of powering over 5 million households per
annum and offsets approximately 21.5 million tons of carbon dioxide (CO2) emission annually which is
equivalent to planting over 1500 million trees.

(17) Muhammad Yunus is internationally recognized for his work in poverty alleviation and the
empowerment of poor women. Professor Yunus has successfully melded capitalism with social
responsibility to create the Grameen Bank, a microcredit institution committed to providing small amounts
of working capital to the poor for self-employment. From its origins as an action-research project in 1976,
Grameen Bank has grown to provide collateral-free loans to 7.5 million clients in more than 82,072 villages
in Bangladesh and 97% of whom are women. Over the last two decades, Grameen Bank has loaned out over
6.5 billion dollars to the poorest of the poor, while maintaining a repayment rate consistently above 98%.
The innovative approach to poverty alleviation pioneered by Professor Yunus in a small village in
Bangladesh has inspired a global microcredit movement reaching out to millions of poor women from rural
South Africa to inner city Chicago. His autobiography, “Banker to the Poor: Microlending and the Battle
Against World Poverty,” has been translated into French, Italian, Spanish, English, Japanese, Portuguese,
Dutch, Gujarati, Chinese, German, Turkish and Arabic.

(18) Niklas Zennström (born February 16, 1966, Sweden), a Swedish e-commerce entrepreneur who,
with Janus Friis, created various Internet businesses, notably KaZaA, Skype, and Joost. Zennström earned a
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bachelor’s degree in business administration and a master’s degree in engineering physics and computer
science from Uppsala University in Sweden. In 1991 he began working at Tele2, a Swedish
telecommunications firm, and in 1997 he hired Friis to head customer service at the Danish branch of Tele2
that Zennström managed at that time. The pair soon began collaborating on their own business ventures,
starting with the ISP Get2Net and a Web portal, Everyday.com. In 2000 Zennström and Friis created KaZaA,
a second-generation peer-to-peer (P2P) file-sharing application that they distributed for free, though it was
notoriously loaded with adware (typically, software that generates pop-up ads), spyware (programs that
monitor users’ actions), and other malware applications that were secretly installed on users’ computers;
exactly how much revenue this generated for the company is unknown. KaZaA sought to achieve the
popularity of Napster, a first-generation P2P file-sharing application that in 2001 was ordered shut down
following legal challenges in the United States from music and film companies concerned with the software
being used for computer piracy. Although Zennström and Friis had hoped to avoid the problems encountered
by Napster, their company was sued almost immediately in Dutch courts for copyright infringement. Ordered
in November 2001 to ensure that no copyrighted material was shared using KaZaA, the company was sold
quickly to various interests, including the Australian company Sharman Networks. Subsequent lawsuits in
the United States and Australia resulted in settlements of more than $100 million paid by Sharman,
Zennström, and Friis. Their experience with P2P led Zennström and Friis to develop other P2P ventures in
2001, including Joltid, a provider of traffic-optimization and network-management software and the holder
of the pair’s networking patents, and Altnet, a P2P wholesale network. In 2003 they introduced Skype, a
Voice over Internet Protocol (VoIP) application that offered free basic telephone service—including long-
distance and international calls—through the Internet, with the firm’s earnings coming from fees levied on
services (such as voice mail, call waiting, and downloaded ring tones) and imposed on calls placed to land-
based telephones. By 2005 Skype had more than 50 million users, principally in Europe and Asia. During
negotiations in 2005 with eBay (an online auction Web site) about the possibilities of using Skype to facilitate
negotiations between eBay customers on more expensive items, discussions about selling Skype to eBay
developed. The deal was soon consummated, with the partners remaining on board and eBay agreeing to pay
them as much as $2.6 billion; more would be paid if Skype subsequently met various performance
benchmarks. Zennström and Friis made further headlines in 2006 by being named to Time magazine’s list of
the 100 most influential people. However, by 2007 the partners had stepped down. Two years later eBay
announced plans to sell Skype, and Zennström and Friis expressed interest in reacquiring the company. They
quickly followed up by declaring that the technology behind Skype was leased through Joltid and that they
did not plan on renewing the lease. Subsequent maneuvering resulted in Skype’s sale in late 2009, with
majority ownership going to an investor group; Zennström and Friis acquired a minority stake. In 2011 the
American company Microsoft Corporation bought Skype for $8.5 billion.

(19) Mark Zuckerberg, in full Mark Elliot Zuckerberg, (born May 14, 1984, White Plains, New York,
U.S.), American computer programmer who was cofounder and CEO (2004– ) of Facebook, a social
networking Web site. After attending Phillips Exeter Academy, Zuckerberg enrolled at Harvard University
in 2002. On February 4, 2004, he launched thefacebook.com (renamed Facebook in 2005), a directory in
which fellow Harvard students entered their own information and photos into a template that he had devised.
Within two weeks half of the student body had signed up. Zuckerberg’s roommates, Dustin Moskovitz and
Chris Hughes, helped him add features and make the site available to other campuses across the country.
Facebook quickly became popular as registered users could create profiles, upload photos and other media,
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and keep in touch with friends. It differed from other social networking sites, however, in its emphasis on
real names (and e-mail addresses), or “trusted connections.” It also laid particular emphasis on networking,
with information disseminated not only to each individual’s network of friends but also to friends of
friends—what Zuckerberg called the “social graph.”

In the summer of 2004 the trio moved their headquarters to Palo Alto, California, where Zuckerberg
talked venture capitalist Peter Thiel into giving them seed money. Zuckerberg dropped out of Harvard to
concentrate on the fledgling company, of which he became CEO and president. In May 2005 Facebook
received its first major infusion of venture capital ($12.7 million). Four months later Facebook opened to
registration by high-school students. Meanwhile, foreign colleges and universities also began to sign up, and
by September 2006 anyone with an e-mail address could join a regional network based on where he or she
lived. About that time Zuckerberg turned down a $1 billion buyout offer from Yahoo!, but in 2007 Facebook
struck a deal with Microsoft in which the software company paid $240 million for a 1.6 percent stake in
Facebook; two years later Digital Sky Technologies purchased a 1.96 percent share for $200 million. In 2008
Zuckerberg’s new worth was estimated at about $1.5 billion. After Facebook’s initial public offering (IPO)
of stock in 2012, Zuckerberg’s net worth was estimated at more than $19 billion. In the early 2020s,
Facebook was the most popular social network in the world with three billion users. Meta Platforms, the
parent company of Facebook, also owned the popular photo- and video-sharing network Instagram and the
instant-messaging services WhatsApp and Facebook Messenger. Other widely used social networks included
YouTube for sharing videos, Snapchat for temporary sharing of videos and images, and Telegram for instant
messaging. China was home to several of the world’s most popular social networks, such as the instant
messaging services Weixin (WeChat outside China) and Tencent QQ, and the short-video-sharing service
Douyin (TikTok outside China).

All business success comes from a brilliant idea, and for us students and future innovators, we must
not think little of our thoughts and turn them into reality. No idea is wrong; it depends upon our techniques
on how we make it bloom and use it in alignment for the betterment of the community. We must also adapt
to change; since change is the only permanent thing in this world, let's use it to reach the summit of our
dreams. In this fast-paced world, we must be strong to cope for our ideas and businesses to prosper. It is also
essential in business, the partnership with others. In collaboration, it would be able to widen our scope and
network in which we will find people with the same interests that will surely help our ventures to grow.

In conclusion to the case, the cited entrepreneurs started their business success differently. They
contain different styles, strategies, and categories. But one thing is common: their goal is to acquire triumph
through utilizing technology combining entrepreneurship. They make a fortune from their skills, abilities,
intelligence, and will to help others. That mindset is what we need to possess in this time where technology
is evolving to be more beneficial to everybody making our lives convenient and accessible. Still, we must
remember that all businesses undergo challenges and grinds. As they say, you always pass failures on your
way to success but never be unmotivated by failures; instead, use them to improve and be adequate.

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