Question

In: Finance

You had to look for information regarding five recent innovations i.e. airbnb, telegram messenger, Apple, Skip...

You had to look for information regarding five recent innovations i.e. airbnb, telegram messenger, Apple, Skip the dishes and Uber.

1. Who is the founder and when did the innovation come about?
2. Why did the need arise for these innovations?

Solutions

Expert Solution

Startup/Company Year Founder
Airbnb 2008 Brian Chesky, Joe Gebbia, Nathan Blecharczyk
Telegram 2013 Nikolai Durov, Pavel Durov
Skip the dishes 2012 Andrew Chau, Dan Simair, Chris Simair, Josh Simair, Jeff Adamson
Apple 1976 Steve Jobs, Steve Wozniak, Ronald Wayne
Uber 2009 Travis Kalanick, Garrett Camp

Airbnb founders were looking to raise some extra money for their rent. Air Bed and Breakfast was the full name. Investors rejected their idea initially. They also sold cereals to raise money. Collaborative consumption was their motivator.

Telegram founder's mission was to create a an app that lets you chat secretly without anyone spying on it. Hence, better security for chatting was the need that drove its invention.

Skip the dishes founders ordered their food from local restaurants and realised that delivery system can be made more efficient. They resigned their jobs and worked on it.

Apple started as a company to sell computers. They had made a revolutionary computer Apple I and it was better than others.

Uber emerged as the founder Kalanick wanted to reduce the cab fare. The founders had already sold their previous startups for a healthy price. Hence, the revolutionary start up was born


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