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Successful Companies Founded By College Students
Facebook and Google are the most well known examples of successful companies started by college students. However, there are many such businesses which began on college campuses and turned into successful and iconic companies. Here is a list of five such companies which were founded by college students.
Successful companies founded by college students
1) Time
Time is a reputed American weekly magazine founded in 1923. Its founders, Britton Hadden and Henry Luce, were classmates at Yale University when they founded the Magazine, making Time the first weekly news magazine in the United States. Now, after 96 years since its foundation, Time is still a popular weekly magazine with a readership of 26 million worldwide.
2) Dell
Dell is a multinational computer technology company which develops and sells computer related products. The Company was founded by Michael Dell in 1984, while he was a student at the University of Texas at Austin. Michael Dell started his business from his dorm room and after making profits from it, dropped out of college to devote his time to build his company. The success of Dell Technologies Inc., made Michael Dell one of the richest people in the world, with a net worth of $ 35 billion.
3) The Onion
The Onion is a satirical digital media company which was conceived by University of Wisconsin students Tim Keck and Christopher Johnson in 1988. The duo initially started a satirical weekly magazine called The Onion, inspired by an onion sandwich. Short on funds just like many other college students, the duo began their business with a loan from Keck’s mother. The Company has grown from just a weekly magazine to a huge and beloved digital media organization.
4) Insomnia Cookies
Inspired by midnight cravings for cookies, Insomnia Cookies was founded by a University of Pennsylvania student, Seth Berkowitz. Berkowitz started baking cookies in his dorm room and started selling them to other students at his college. After the demand grew, Berkowitz branched to other campuses. Insomnia Cookies became a popular chain of bakeries in the United States of America and is present in over 150 locations nationwide.
5) Reddit
Reddit was founded as a social news site in 2005 by the University of Virginia students and roommates Steve Huffman and Alexis Ohanian. The duo struggled in the initial days of the startup, before securing a funding from Y Combinator. Reddit gradually became a popular site and is adored by many because of its unique and interesting features. The site is now dubbed as the “front page of the internet,” with a net worth of $ 1.8 billion.
The success of these founders and their companies shows students with great potential can utilize the resources colleges provide and create a successful career for themselves.
The success story of which of these companies inspired you the most? Comment below and let us know.
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