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06-12-2014, 02:17 AM
How 4 Students Got a Satellite Startup Off the Ground and $500 Million From Google
http://rack.3.mshcdn.com/media/ZgkyMDE0LzA2LzExL2UxL3NreWJveC43NWY2MS5qcGcKcAl0aH VtYgk1NzV4MzIzIwplCWpwZw/582f1ef6/df8/skybox.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=How+4+Students+Got+a+Satellite+Startup+Off+th e+Ground+and+%24500+Million+From+Google&src=http%3A%2F%2Fmashable.com%2F2014%2F06%2F11%2Fs kybox%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2014%2F06 %2F11%2Fskybox%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
Nearly seven years before Google agreed to buy his company Skybox for $500 million in cash, Dan Berkenstock had his eyes on a more modest goal: winning a $20 million prize in a Google competition.
In late 2007, Google an**unced the Lunar X Prize (http://www.googlelunarxprize.org/prize-details/rules-overview), which promised $20 million or more to the first privately funded teams that could land a rover on the moon, take some high-resolution pictures and videos and transmit them back to earth. The lofty goal of the competition was to reignite the space race (http://mashable.com/2014/02/19/google-lunar-xprize/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) for a new generation of engineers and entrepreneurs
Berkenstock, then three years into a PhD engineering program at Stanford, worked to assemble a group of students and investors to beat out the competition. "They spent about a year on it getting everything lined up," Juan Alonso, an associate professor of aeronautics at Stanford who became his academic advisor for a time, recalled to Mashable. "Dan always had a very entrepreneurial spirit to him. I remember him being very entrepreneurial, well put together and **t afraid to take risks." Read more... (http://mashable.com/2014/06/11/skybox/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Google (http://mashable.com/category/google/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Startups (http://mashable.com/startups/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Satellite Imagery (http://mashable.com/category/satellite-imagery/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/cMWdL4lm8_4
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Nearly seven years before Google agreed to buy his company Skybox for $500 million in cash, Dan Berkenstock had his eyes on a more modest goal: winning a $20 million prize in a Google competition.
In late 2007, Google an**unced the Lunar X Prize (http://www.googlelunarxprize.org/prize-details/rules-overview), which promised $20 million or more to the first privately funded teams that could land a rover on the moon, take some high-resolution pictures and videos and transmit them back to earth. The lofty goal of the competition was to reignite the space race (http://mashable.com/2014/02/19/google-lunar-xprize/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) for a new generation of engineers and entrepreneurs
Berkenstock, then three years into a PhD engineering program at Stanford, worked to assemble a group of students and investors to beat out the competition. "They spent about a year on it getting everything lined up," Juan Alonso, an associate professor of aeronautics at Stanford who became his academic advisor for a time, recalled to Mashable. "Dan always had a very entrepreneurial spirit to him. I remember him being very entrepreneurial, well put together and **t afraid to take risks." Read more... (http://mashable.com/2014/06/11/skybox/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Google (http://mashable.com/category/google/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Startups (http://mashable.com/startups/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Satellite Imagery (http://mashable.com/category/satellite-imagery/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/cMWdL4lm8_4