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Re: BeauBeau post# 17221

Friday, 02/07/2014 2:26:02 AM

Friday, February 07, 2014 2:26:02 AM

Post# of 70075
Kerry Driscoll is a woman and apparently she made millions off a text messaging software at age 26.

At age 12 she was a fleeing refugee on a tiny boat with her mother trying to avoid pirates. As rations were running out around day 5, they were rescued by a shipping vessel. This woman has luck on her side, everyone should read the article, its pretty fascinating.

Their idea was for small bar-code scanners that could be built into cell phones so that consumers could aim their phones at products and get a text message back with product information and price comparisons. Telcos weren't interested in the bar-code part but were impressed with the high-speed text-messaging capabilities -- these were pre-American Idol-voting days, and mass text messaging seemed a novel idea. Le and Do sold licenses for the software and stuck in a clause that would allot them a modest-sounding five cents for every message handled by the system. Within a few years, their software was handling 150 million messages a month; you do the math. In 2003, Le and Do sold the company, which they had owned outright. They were 26, rich, and looking for a new -- and bigger -- idea.




http://www.inc.com/magazine/20081201/reality-bites.html