Intriguing stories behind the world’s top Internet brands

Most of us are familiar with the success stories of famous companies that exceeded the limits of ambition and innovation, creating a better world for the present and future generations.  In fact, these brands and their founders have altered life as we know it and introduced new experiences, enhanced services, and generally changed the way we do things—especially online.

If we go beyond the stories of the world’s top internet brands, we’ll see a variety of some interesting facts and anecdotes that will teach us alternative lessons to achieve success in life: strive to be different, learn from your mistakes, and champion creativity in everything you do.


Image source: theenterprisedaily.com

Amazon
One perfect example is how the company’s founder Jeff Bezos started Amazon in his own garage in 1994. He described his motivation as what he called, “regret minimization framework”—to compensate for the mistake of not initially participating in the Internet business boom way back. Trapped in the dilemma between quitting his stable job and opening an online bookstore, he sure made the right decision—and this time, without any regrets.


Image source: businessinsider.com

Dropbox
Dropbox’s creation was a product of an MIT student’s forgetfulness. According to its founder Drew Houston, he was a typical absent-minded student who always have the trouble of forgetting his USB memory drive and instead of just thinking of a simple solution of setting up a reminder or making a to-do list, he envisioned something greater—a cloud-based file sharing service—and millions of students and workers around the world couldn’t be more grateful.


Image source: livemint.com

Google
Larry Page on the other hand was a brilliant and a not-so-forgetful Ph.D student who managed to turn a student dissertation on the structure of the World Wide Web and used his understanding of how web pages are linked to each other in a remarkable way: by believing that there is something valuable about the nature and the number of these links, he created a company that will soon amaze and connect the world—Google.


Image source: suitelife.com

AirBnb
Airbnb—an online marketplace for low-cost short-term lodging—was not founded by computer geniuses, but by artists and designers who were struggling to afford the rent for their loft apartment. To address their dilemma and with the sole intent of just “making a few bucks,” Brian Chesky and Joe Gebbia set up three air mattresses in their living room and turned them into bed and breakfast. It was a timely move as a major event in their hometown was expected to fill up hotels quickly, forcing other guests to look for alternatives. Computer scientist Nathan Blecharczyk saw the opportunity to make a sustainable business out of the concept, and airbedandbreakfast.com (now airbnb.com) was soon launched. A few years later, the online hospitality company has already amassed more than three million listings providing accommodation to over 150 million customers worldwide.

Apparently, the Internet has become the single most powerful catalyst to changing the way we interact and do business. In fact, digitalization has become so big and mainstream that almost everything now is connected to the ‘cloud.’ The aforesaid Internet brands are already among the most valuable companies in the world, and many more are expected to emerge in the coming years—all of which may have something unique and meaningful to bring to the table. Asset management companies, such as LOM Financial, see these technological breakthroughs as game changers and are increasingly a staple in many investment portfolios. The industry is booming, but its peak is yet to come.

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