Bill T. Gross
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William T. Gross (born 1958) is an American businessman.


Early life

Gross grew up in Encino, California and graduated with a
Bachelor of Science A Bachelor of Science (BS, BSc, SB, or ScB; from the Latin ') is a bachelor's degree awarded for programs that generally last three to five years. The first university to admit a student to the degree of Bachelor of Science was the University o ...
in
mechanical engineering Mechanical engineering is the study of physical machines that may involve force and movement. It is an engineering branch that combines engineering physics and mathematics principles with materials science, to design, analyze, manufacture, ...
from the
California Institute of Technology The California Institute of Technology (branded as Caltech or CIT)The university itself only spells its short form as "Caltech"; the institution considers other spellings such a"Cal Tech" and "CalTech" incorrect. The institute is also occasional ...
.


Career

He founded GNP Loudspeakers (now GNP Audio Video), an audio equipment manufacturer; Starship Video, a video arcade, GNP Development Inc., acquired by
Lotus Software Lotus Software (called Lotus Development Corporation before its acquisition by IBM) was an American software company based in Massachusetts; it was "offloaded" to India's HCL Technologies in 2018. Lotus is most commonly known for the Lotus 1- ...
; Knowledge Adventure, an educational software company, later acquired by
Cendant Cendant Corporation was an American provider of business and consumer services, primarily within the real estate and travel industries. In 2005 and 2006, it broke up and spun off or sold its constituent businesses. Although it was based in New Y ...
; and the
business incubator Business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale range of services starting with management training and office space and ending with venture c ...
Idealab Idealab (formerly known as idealab!) is a startup studio based in Pasadena, California, U.S.A. History Idealab was founded by Bill T. Gross (not to be confused with the founder of PIMCO, Bill H. Gross) in March 1996. Prior to Idealab, Gross foun ...
in March, 1996, of which he serves as Chairman of the Board and Chief Executive Officer. Gross serves on the boards of numerous companies. He is a member of the Board of Trustees of the
California Institute of Technology The California Institute of Technology (branded as Caltech or CIT)The university itself only spells its short form as "Caltech"; the institution considers other spellings such a"Cal Tech" and "CalTech" incorrect. The institute is also occasional ...
and of the
Art Center College of Design Art Center College of Design (stylized as ArtCenter College of Design) is a private art college in Pasadena, California. History ArtCenter College of Design was founded in 1930 in downtown Los Angeles as the Art Center School. In 1935, Fred ...
. One company founded by Gross, GoTo.com, Inc., provided an Internet search engine which relied upon sponsored search results and
pay-per-click Pay-per-click (PPC) is an internet advertising model used to drive traffic to websites, in which an advertiser pays a publisher (typically a search engine, website owner, or a network of websites) when the ad is clicked. Pay-per-click is usually ...
advertisements. GoTo.com was later renamed Overture Services Inc. and was then acquired by
Yahoo! Yahoo! (, styled yahoo''!'' in its logo) is an American web services provider. It is headquartered in Sunnyvale, California and operated by the namesake company Yahoo Inc., which is 90% owned by investment funds managed by Apollo Global Mana ...
to provide their
Yahoo! Search Marketing Yahoo! Native (formerly known as Yahoo! Advertising, Yahoo! Search Marketing and Yahoo! Gemini) is a native "Pay per click" Internet advertising service provided by Yahoo. Yahoo began offering this service after acquiring Overture Services, Inc. ...
products. In 1996, Gross purchased the domain name answers.com, which was later sold to NetShepard and then to GuruNet. In 2004, Gross created the SNAP search engine which introduced a new hyperlink previewer, Snap Shots. In 2010, Gross founded and launched TweetUp, a search engine for
Twitter Twitter is an online social media and social networking service owned and operated by American company Twitter, Inc., on which users post and interact with 280-character-long messages known as "tweets". Registered users can post, like, and ...
that promotes the best tweeters on any topic. TweetUp was renamed to "PostUp" to reflect its inclusion of
Facebook Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dust ...
and
LinkedIn LinkedIn () is an American business and employment-oriented online service that operates via websites and mobile apps. Launched on May 5, 2003, the platform is primarily used for professional networking and career development, and allows job se ...
status updates. On January 24, 2011, PostUp acquired popular Twitter client app UberTwitter—after previously purchasing Echofon (for iPhone/iOS) and Twidroyd (for Android OS)—and renamed itself UberMedia.


Solar energy

A Gross company, Energy Innovations, is working on development of a rooftop concentrated
photovoltaic Photovoltaics (PV) is the conversion of light into electricity using semiconducting materials that exhibit the photovoltaic effect, a phenomenon studied in physics, photochemistry, and electrochemistry. The photovoltaic effect is commercially ...
solar collector for flat-roofed commercial buildings. They completed the world's largest corporate solar installation at Google's headquarters in 2006. During 2010, Gross was the CEO of
eSolar eSolar is a privately held company that develops concentrating solar power (CSP) plant technology. The company was founded by the Pasadena-based business incubator Idealab in 2007 as a developer of CSP plant technology. The company aims to deve ...
, a company that aims to make renewable energy cost-competitive with fossil fuel energy using CSP technology. eSolar builds an individual 46 MW power unit on 200 acres and can scale up to 500 MW or larger capacity with multiple units. Gross also founded Heliogen, a clean energy company backed by
Bill Gates William Henry Gates III (born October 28, 1955) is an American business magnate and philanthropist. He is a co-founder of Microsoft, along with his late childhood friend Paul Allen. During his career at Microsoft, Gates held the positions ...
. The company has discovered a way to use artificial intelligence and a field of mirrors to reflect so much sunlight that it generates extreme heat above 1,000 degrees Celsius.


References


External links

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"A solar energy system that tracks the sun" (TED2003)
*
"The single biggest reason why start-ups succeed" (TED2015)
{{DEFAULTSORT:Gross, Bill 1958 births Living people American computer businesspeople American technology chief executives American technology company founders Businesspeople in information technology California Institute of Technology trustees California Institute of Technology alumni Businesspeople from Los Angeles