Elon Musk Zip2 Corporation
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It provided a searchable business directory that could be described as an internet version of the yellow pages telephone directory with maps included which it later made available to online newspapers.
Elon musk zip2 corporation. With a 7 share of the company musk received 22 million for the deal. Early investor ceo and product architect of tesla inc. At 24 years old musk develops zip2 with his brother kimbal using 28000 from their father.
In 1995 he founded zip2 a company that provided maps and business directories to online newspapers. Founder of the boring company. Musk launched his first company zip2 corporation in 1995 with his brother kimbal musk.
An online city guide zip2 was soon providing content for the new websites of both the new york times and. The company generates online city guides for newspaper publishers. Musk became a millionaire in 1999 at age 27 when he sold zip2 his web software company for over 340 million.
Prior to spacex elon co founded paypal an electronic payment system which was acquired by ebay in october 2002 and zip2 corporation a provider of internet enterprise software and services which was acquired by compaq in march 1999. Zip2 corporation was an online city guide that provided content for the new online versions of the new york times and the chicago tribune newspapers. Elon reeve musk frs i l n.
Elon is also a founder of the boring company an infrastructure company and of neuralink corp a company focused on developing brain machine interfaces. And co founder and initial co chairman of openaihe was elected a fellow of the royal. With a 7 share of the company musk received 22 million for the deal.
In 1995 at the age of twenty four elon musk dropped out of stanford university after just two days of classes to start his first company called zip2 corporation. He is the founder ceo cto and chief designer of spacex. The company was founded in palo alto california as global link information network in 1995 by brothers elon and kimbal musk and greg kouri.
Zip2 was a company that provided and licensed online city guide software to newspapers. Initially global link provided local businesses with an internet presence but later began to assist newspapers in designing online city guides before being purchased by compaq computer in 1999. Musk struggled to keep his new business afloat eventually selling majority control of zip2 to venture capitalists in exchange for a 36 million investment.
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