|Formerly||Global Link Information Network (1995–1996)|
|Founded||06 November 1995 (as Global Link Information Network). Renamed Zip2 on 15 August 1996 |
Palo Alto, California, U.S.
|Founder|| Elon Musk |
|Defunct||March 31, 1999|
|Fate||Purchased by Compaq Computer in 1999|
Palo Alto, California, California,
|Parent||Compaq Computer (1999–)|
Zip2 was a company that provided and licensed online city guide software to newspapers. : 61 but later began to assist newspapers in designing online city guides before being purchased by Compaq Computer in 1999.The company was founded in Palo Alto, California as Global Link Information Network in 1995, by brothers Elon and Kimbal Musk and Greg Kouri. Initially, Global Link provided local businesses with an Internet presence,
Global Link Information Network was founded in 1995 by brothers Elon and Kimbal Musk and Greg Kouri in Palo Alto, California with money raised from a small group of angel investors, : but Elon Musk later denied this. He later clarified that his dad provided around 10% of US$200,000 as part of a later funding round.plus US$6,000 from Kouri. In Ashlee Vance's biography of Elon Musk, it is claimed that the Musks' father, Errol Musk, provided them with US$28,000 during this time,
Initially, Global Link provided local businesses with an Internet presence by linking their services to searchers and providing directions. : 61 Elon Musk combined a free Navteq database with a Palo Alto business database to create the first system.
In 1996, Global Link received US$3 million in investments from Mohr Davidow Ventures and officially changed its name to Zip2.Davidow Ventures changed the fundamental strategy of Zip2 from localised direct to business sales to instead selling national back end software packages to newspapers to build their own directories. Elon Musk was appointed the Chief Technology Officer and Rich Sorkin became the Chief Executive Officer. Zip2 trademarked "We Power the Press" as its official slogan and continued to grow. Zip2 struck deals with The New York Times , Knight Ridder, and Hearst Corporation, and its collaboration with newspapers made it a major component of "the U.S. newspaper industry's response to the online city guide industry", according to the Editor & Publisher .
By 1998, the company had partnered with about 160 newspapers to develop guides to cities, either locally or at full scale. According to chairman and founder Elon Musk, twenty of those newspapers led to full-scale city guides. The New York Times reported that Zip2 also provided newspapers with an online directory, calendar, and email alongside their core offering.
Zip2 allowed for two-way communication between users and advertisers. Users could message advertisers and have that message forwarded to their fax machine. Likewise, advertisers could fax users and users could view that fax using specific URLs.
One Zip2 product was called "Auto Guide". AutoGuide connected online newspaper users with local dealership or private party car sellers.
In April 1998, Zip2 attempted to merge with CitySearch, its main competitor. While Musk initially supported the merger,he persuaded the board of directors not to proceed with it. According to The New York Times, The two companies "cited incompatibilities in cultures and technology" as the reason for the merger's failure.
In February 1999, Compaq Computer paid US$305 million to acquire Zip2. : Elon and Kimbal Musk, the original founders, netted US$22 million and $15 million respectively. : The company was purchased to enhance Compaq's AltaVista web search engine.
Digital Equipment Corporation, using the trademark Digital, was a major American company in the computer industry from the 1960s to the 1990s. The company was co-founded by Ken Olsen and Harlan Anderson in 1957. Olsen was president until forced to resign in 1992, after the company had gone into precipitous decline.
Space Exploration Technologies Corp. (SpaceX) is an American aerospace manufacturer, space transportation services and communications corporation headquartered in Hawthorne, California. SpaceX was founded in 2002 by Elon Musk with the goal of reducing space transportation costs to enable the colonization of Mars. SpaceX manufactures the Falcon 9 and Falcon Heavy launch vehicles, several rocket engines, Dragon cargo, crew spacecraft and Starlink communications satellites.
Elon Reeve Musk is an entrepreneur and business magnate. He is the founder, CEO, and Chief Engineer at SpaceX; early stage investor, CEO, and Product Architect of Tesla, Inc.; founder of The Boring Company; and co-founder of Neuralink and OpenAI. A centibillionaire, Musk is the richest person in the world as of September 2021.
X.com was an online bank co-founded by Elon Musk, Harris Fricker, Christopher Payne, and Ed Ho in March 1999. In March 2000, X.com merged with Confinity Inc., a software company based in Silicon Valley. Musk was attracted to Confinity because of its easy payment system. The merged company changed its name to PayPal. eBay bought PayPal for US$1.5 billion in 2002. In July 2015, PayPal was spun off and became an independent company.
Tesla, Inc. is an American electric vehicle and clean energy company based in Palo Alto, California, United States. Tesla designs and manufactures electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and related products and services. In 2020, Tesla had the most sales of battery electric vehicles and plug-in electric vehicles, capturing 16% of the plug-in market and 23% of the battery-electric market. Through its subsidiary Tesla Energy, the company develops and is a major installer of photovoltaic systems in the United States. Tesla Energy is also one of the largest global suppliers of battery energy storage systems, with 3 gigawatt-hours (GWh) installed in 2020.
Ashlee Vance is an American business columnist and author. His biography of Elon Musk, entitled Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future, was released on May 19, 2015.
Kimbal Reeve Musk is a South African restaurateur, chef, and entrepreneur. He owns The Kitchen Restaurant Group, a family of community restaurant concepts located in Colorado, Chicago, Cleveland, Memphis, and Indianapolis. He is the co-founder and chairman of Big Green, a 501(c)(3) nonprofit that has built hundreds of outdoor classrooms called "Learning Gardens" in schoolyards across America. Musk is also the co-founder and chairman of Square Roots, an urban farming company in Brooklyn, N.Y., growing food in hydroponic, indoor, climate controlled shipping containers. Musk currently sits on the boards of Tesla Inc. and SpaceX. He was on the board of Chipotle Mexican Grill from 2013 to 2019. He is the younger brother of billionaire businessman Elon Musk and a major Tesla shareholder.
Stripe is an Irish-American financial services and software as a service (SaaS) company dual-headquartered in San Francisco, United States and Dublin, Ireland. The company primarily offers payment processing software and application programming interfaces (APIs) for e-commerce websites and mobile applications.
Michael Serbinis is a Canadian entrepreneur, engineer and angel investor based in Toronto, Ontario, Canada.
A Hyperloop is a proposed high-speed mass transportation system for both passenger and freight transport. The term was invented to describe the modern open-source project. Hyperloop is described as a sealed tube or system of tubes with low air pressure through which a pod may travel substantially free of air resistance or friction. The Hyperloop could potentially move people or objects at airline speeds while being energy efficient compared with existing high-speed rail systems. This, if implemented, may reduce travel times compared to train and airplane travel over distances of under approximately 1,500 kilometres.
Jen Lewin is an interactive artist with a studio based in New York City who specializes in large scale installations in public spaces, usually combining elements such as light, sound and complex engineering. Her interactive light installation The Pool debuted in 2008 and has been exhibited across the globe, in cities such as Singapore, Sydney, Denver, Montréal and Prague, and in events such as South By Southwest and Burning Man.
Tesla Energy is the clean energy subsidiary of Tesla, Inc., headquartered in Fremont, California, that develops, manufactures, sells and installs photovoltaic solar energy generation systems, battery energy storage products, as well as other related products and services to residential, commercial and industrial customers.
Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future is Ashlee Vance's biography of Elon Musk, published in 2015. The book traces Elon Musk's life from his childhood up to the time he spent at Zip2 and PayPal, and then onto SpaceX, Tesla, and SolarCity. In the book, Vance managed to get regular interviews with Musk, those close to him, and those who were with him at the most important points of his life; Musk had no control over the biography's contents.
OpenAI is an artificial intelligence (AI) research laboratory consisting of the for-profit corporation OpenAI LP and its parent company, the non-profit OpenAI Inc. The company, considered a competitor to DeepMind, conducts research in the field of AI with the stated goal of promoting and developing friendly AI in a way that benefits humanity as a whole. The organization was founded in San Francisco in late 2015 by Elon Musk, Sam Altman, and others, who collectively pledged US$1 billion. Musk resigned from the board in February 2018 but remained a donor. In 2019, OpenAI LP received a US$1 billion investment from Microsoft.
This is the corporate history of Tesla, Inc., an electric vehicle manufacturer and clean energy company founded in San Carlos, California in 2003 by American entrepreneurs Martin Eberhard and Marc Tarpenning. The company is named after Serbian inventor Nikola Tesla
The Boring Company (TBC) is an American infrastructure and tunnel construction services company founded by Elon Musk. Its current and proposed projects are designed for intra-city ("loop") transit systems, although the company has stated that current tunnels are being built so they could support eventual transition to Hyperloop-based transportation on longer inter-city routes.
The Tesla Cybertruck is an all-electric, battery-powered, light-duty truck announced by Tesla, Inc. Three models have been announced, with EPA range estimates of 400–800 kilometers (250–500 mi) and an estimated 0–100 km/h (0–62 mph) time of 2.9–6.5 seconds, depending on the model.
Escobar Inc is a company registered in Guaynabo, Puerto Rico tied to various scams involving selling smartphones and flamethrowers with Escobar Inc branding without delivering the products to customers. It was established on April 20, 2015. The company is known for its association with Roberto de Jesús Escobar Gaviria, the brother of Pablo Escobar, and various scams involving selling phones.
PlainSite is a US based website dedicated to legal data transparency advocacy developed in conjunction by Think Computer Corporation and the charitable organization Think Computer Foundation, all of which is owned and operated by Aaron Greenspan. PlainSite provides both free and paid access to legal documents and information about the US legal system on a variety of subjects and caselaw. The website previously collected legal documents via the Free Law Project's RECAP archive until the archive adopted a fee-based approach.
One thing he claims is he gave us a whole bunch of money to start, my brother and I, to start up our first company [Zip2, which provided online city guides to newspapers]. This is not true," Musk says. "He was irrelevant. He paid nothing for college. My brother and I paid for college through scholarships, loans and working two jobs simultaneously. The funding we raised for our first company came from a small group of random angel investors in Silicon Valley.