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Zip2 Corp. was a company that provided and licensed online city guide software to newspapers. The company was founded in Palo Alto, California as Global Link Information Network, Inc. on November 9, 1995, by Greg Kouri and brothers Elon and Kimbal Musk.
Global Link Information Network rebranded to Zip2 on August 15, 1996. In February of 1999, Zip2 was acquired by Compaq for US$305 million, and would become defunct on March 31, 1999. Community content is available under CC-BY-SA unless otherwise noted.
- 1995: Zip2. Along with his brother, Musk founded Zip2, an online business directory, as an online alternative to the standard paper yellow pages. (Google would not launch until 1998.)
- 1999: X.com. Musk invested some of his windfall from the Zip2 sale into his next venture: X.com, an online bank, launched with three other co-founders. X.com’s business model was innovative for its time, in that it incentivized sign-ups and eased the process of transferring funds digitally, with no need for mail or traditional banking infrastructure.
- 2000: PayPal. X.com merged with software company Confinity just one year later, forming PayPal, a secure online payments platform with a foundation in payments conducted for PalmPilots.
- 2002: SpaceX. Musk next set his sights on a lofty goal: space exploration, and the future colonization Mars. In the past 20 years, SpaceX has dealt with a series of rocket launch failures and Starship explosions.
Jun 19, 2018 · Self-made billionaire Elon Musk and his brother, Kimbal, couldn't afford an apartment when they founded web software company Zip2, in 1995.
Jun 21, 2024 · Zip2, former American technology company (1995–99) that was the first enterprise founded by Elon Musk. It provided a searchable business directory that could be described as an Internet version of the yellow pages telephone directory with maps included.
Apr 24, 2022 · Zip2 was Elon and Kimbal Musk’s business that they created at the start of the dot com era. The Musk brothers saw a business opportunity that would allow companies to advertise online. After expanding the company with help of venture capital firms, the Musk brothers sold Zip2 for a huge profit.
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Jun 16, 2022 · Elon Musk might be the only person in the world whose biggest failure in life made him a millionaire. Zip2, the serial entrepreneur’s first venture, sold for $307 million in 1999, earning Musk $22 million for his 7% share of the company when he was only 27-years-old.
