Young Polymaths Of The World

Young Polymaths Of The World

Apoorv Sharma | Dec 28, 2020

  • Heading an idea that competes with the contemporary eminent firms like Tesla which are producing copper-bottomed technology in the field, requires certain prodigal qualities for sure. Well, here goes the story. Austin confirms that he memorized the periodic table when he was just 2! Naturally, he shifted his attention towards computers and began writing software at the age of 10. Although he is a true digital native, the young entrepreneur does not have an account on Twitter or Instagram. However, he confesses that he learned most of what he knows from Wikipedia and YouTube. 

    At a very early age, he discovered the complex ideas behind technology. 

    I realized all the software is just limited by the hardware that it runs on. I got into the hardware side, computer systems, everything. That’s limited by the electrical work, and I got into electrical engineering and other aspects of that. Ultimately, though, I realized that all the hardware is limited by the physics that it runs on effectively, and got into the whole applied physics domain of how do we make all these new systems work in the real world. That also led me to get into optics and photonics specifically.

    says he in an interview given to Alejandro Cremades.

    Austin Russell

    Source: Forbes

    He visited the Beckman Laser Institute while being in high school. That was the time, the formal entity of Luminar was founded. Austin was just 16 at that time. The people in the institute admired his curiosity and work, and hence spring boarded him to Stanford’s School of Applied Physics. While being there, his work attracted eyeballs until he discovered about the Peter Thiel Scholarship, to which he applied and bagged, leading his way to go all-in for his company and hence dropping out of the college. His vision includes eradicating car accidents. Luminar is looking forward to work with and for tech giants like Intel, Volvo, and Daimler.

    The world has already witnessed people owning ground-breaking achievements when the world needed them. Consider the snippets of two of the most significant faces of young age entrepreneurship.

    The Already-Known Young Solution Architects

    Another popular prodigy backed by esteemed professionals like Peter Thiel and Elon Musk is the co-founder and CEO of Stripe, Patrick Collison. The company primarily offers payment-processing software and application programming interfaces for e-commerce websites and mobile applications. Collison at the age of 22, winner of the 41st Young Scientist and Technology Exhibition, started the company with his younger brother, John who was nineteen at the time. The company grew exponentially among the developer community making Collison a billionaire at the age of 26.

    Collison BrothersSource: Bloomberg

    The mobile app most popular these days along with Facebook and Instagram is Snapchat. Bobby Murphy, Evan Spiegel, and Reggie Brown were together pursuing a BS degree in Mathematical and Computational Science at Stanford. They were also members of the Kappa Sigma fraternity. Reggie Brown brought the idea for a disappearing pictures application to Evan Spiegel because Spiegel had prior business experience. Brown and Spiegel then pulled in Bobby Murphy, who had experience coding, forming Picaboo, which went to be later known as Snapchat. The idea emerged as an early success. Spiegel went on to become the CEO while Murphy became its CTO.

    The Indian Scenario

    Entrepreneurship in India is on the all-time rise. Time has changed and there are organizations, both governmental and private, helping to nurture an idea into a successful solution.

    Some of the most notable young Indian Entrepreneurs include the CEO of Zerodha, an Indian financial service company, Nikhil Kamath who started the company when he was 30. Also a former Microsoft Researcher, Bhavish Agrawal started OLA, now a $6.5 billion company, while being 25 in 2010. Ritesh Agarwal is the founder and CEO of OYO Rooms. Growing up fascinated about entrepreneurship, he moved to Delhi to continue his studies. An idea struck his mind, the decision was made, thanks to the $100,000 Peter Thiel Scholarship once again, he began working on the idea, and hence OYO was born.

    The contemporary facilities to back innovative start-ups are growing as never before. Young minds need to get out seeing the requirements in the world and acting with their wit and tech. For those who have a brilliant idea and willing to put in hard work, scholarships are waiting.

    The young generation needs to build a clear focus on a field and devote its working hours to convert the idea into reality. Singular goal and dedication are the cruces of such unparalleled success stories.

    Every generation has done something creative and made the world a better place to live in. Now is our turn to focus on this bigger goal. Hone your skills, master the field, and then try to work for real-world problems using your expertise. 

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“It’s not about how many years of experience you have. It’s about the quality of your years of experience.” Age does not restrict you when it comes to contributing to society.

It requires correct thinking patterns and action planning to achieve a humongous feat in the very early years of maturity. Exemplary young leaders surround us, some who found their passion at an early age and some who get lucky enough to see their very first idea to become a success. Although what really matters is the amount of work that they put towards a singular goal, and their ability to work without seeking any recognition in the very early days of the startup.

The world has significantly changed and even the youngest among the society are making their work count, posing solutions for various real-world problems. From Mark Zuckerberg (CEO Facebook) to Evan Spiegel (CEO Snapchat), innovation is leading society forward. Another historic event happened on 3rd December when the Wall Street Journal proclaimed a 28% increase in the shares of Luminar raising its market value to $7.8 billion. Its CEO, Austin Russell, holding one-third of those became the world’s youngest and newest billionaire at the age of 25.

Keep reading the article to unveil the life story of the novel inspiration of youngsters. Get to know about his other accomplishments and finally discover various established young entrepreneurs including the Indian ones.

Meet the World’s Youngest Billionaire

Austin Russel is the man behind the Lidar Company Luminar. The 25-year-old engineer and entrepreneur is the CEO of Luminar, the autonomous vehicle sensor, and software company. The vision is to make an efficient Lidar technology that creates a 3D map of the environment in real-time, even in the dark. The company’s prestige can be calculated by the interest of the celebrated investors, which include Peter Thiel, the co-founder of PayPal and one of the earliest investors of Facebook, The Westle Group, Canvas Ventures and many more! 

Luminar’s device uses longer-wavelength light than other sensors, allowing it to spot dark objects twice as far out. At 70 miles per hour, that is three extra seconds of warning. 

—Jamie Condliffe Courtesy: MIT Technology Review

Twitter image of the Luminar's market value

Heading an idea that competes with the contemporary eminent firms like Tesla which are producing copper-bottomed technology in the field, requires certain prodigal qualities for sure. Well, here goes the story. Austin confirms that he memorized the periodic table when he was just 2! Naturally, he shifted his attention towards computers and began writing software at the age of 10. Although he is a true digital native, the young entrepreneur does not have an account on Twitter or Instagram. However, he confesses that he learned most of what he knows from Wikipedia and YouTube. 

At a very early age, he discovered the complex ideas behind technology. 

I realized all the software is just limited by the hardware that it runs on. I got into the hardware side, computer systems, everything. That’s limited by the electrical work, and I got into electrical engineering and other aspects of that. Ultimately, though, I realized that all the hardware is limited by the physics that it runs on effectively, and got into the whole applied physics domain of how do we make all these new systems work in the real world. That also led me to get into optics and photonics specifically.

says he in an interview given to Alejandro Cremades.

Austin Russell

Source: Forbes

He visited the Beckman Laser Institute while being in high school. That was the time, the formal entity of Luminar was founded. Austin was just 16 at that time. The people in the institute admired his curiosity and work, and hence spring boarded him to Stanford’s School of Applied Physics. While being there, his work attracted eyeballs until he discovered about the Peter Thiel Scholarship, to which he applied and bagged, leading his way to go all-in for his company and hence dropping out of the college. His vision includes eradicating car accidents. Luminar is looking forward to work with and for tech giants like Intel, Volvo, and Daimler.

The world has already witnessed people owning ground-breaking achievements when the world needed them. Consider the snippets of two of the most significant faces of young age entrepreneurship.

The Already-Known Young Solution Architects

Another popular prodigy backed by esteemed professionals like Peter Thiel and Elon Musk is the co-founder and CEO of Stripe, Patrick Collison. The company primarily offers payment-processing software and application programming interfaces for e-commerce websites and mobile applications. Collison at the age of 22, winner of the 41st Young Scientist and Technology Exhibition, started the company with his younger brother, John who was nineteen at the time. The company grew exponentially among the developer community making Collison a billionaire at the age of 26.

Collison BrothersSource: Bloomberg

The mobile app most popular these days along with Facebook and Instagram is Snapchat. Bobby Murphy, Evan Spiegel, and Reggie Brown were together pursuing a BS degree in Mathematical and Computational Science at Stanford. They were also members of the Kappa Sigma fraternity. Reggie Brown brought the idea for a disappearing pictures application to Evan Spiegel because Spiegel had prior business experience. Brown and Spiegel then pulled in Bobby Murphy, who had experience coding, forming Picaboo, which went to be later known as Snapchat. The idea emerged as an early success. Spiegel went on to become the CEO while Murphy became its CTO.

The Indian Scenario

Entrepreneurship in India is on the all-time rise. Time has changed and there are organizations, both governmental and private, helping to nurture an idea into a successful solution.

Some of the most notable young Indian Entrepreneurs include the CEO of Zerodha, an Indian financial service company, Nikhil Kamath who started the company when he was 30. Also a former Microsoft Researcher, Bhavish Agrawal started OLA, now a $6.5 billion company, while being 25 in 2010. Ritesh Agarwal is the founder and CEO of OYO Rooms. Growing up fascinated about entrepreneurship, he moved to Delhi to continue his studies. An idea struck his mind, the decision was made, thanks to the $100,000 Peter Thiel Scholarship once again, he began working on the idea, and hence OYO was born.

The contemporary facilities to back innovative start-ups are growing as never before. Young minds need to get out seeing the requirements in the world and acting with their wit and tech. For those who have a brilliant idea and willing to put in hard work, scholarships are waiting.

The young generation needs to build a clear focus on a field and devote its working hours to convert the idea into reality. Singular goal and dedication are the cruces of such unparalleled success stories.

Every generation has done something creative and made the world a better place to live in. Now is our turn to focus on this bigger goal. Hone your skills, master the field, and then try to work for real-world problems using your expertise. 

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