Founded by Stefano Vaccara

Subscribe for only $6/Year
  • Login

Editor in Chief: Giampaolo Pioli

VNY La Voce di New York

The First Italian English Digital Daily in the US

English Editor: Grace Russo Bullaro

  • English Edition
  • Letters
  • New York
  • U.N.
  • News
  • People
  • Entertainment
  • Arts
  • Lifestyles
  • Food & Wine
  • Travel
  • Sports
  • Italian Edition
No Result
View All Result
VNY
  • English Edition
  • Letters
  • New York
  • U.N.
  • News
  • People
  • Entertainment
  • Arts
  • Lifestyles
  • Food & Wine
  • Travel
  • Sports
  • Italian Edition
No Result
View All Result
VNY La Voce di New York
No Result
View All Result
in
News
March 25, 2016
in
News
March 25, 2016
0

The end of the start-up era?

The tale of a start up that decided to bet on crowdsourcing

Bianca DellepianebyBianca Dellepiane
Hyperloop start-up
Time: 5 mins read

I know, this statement seems absurd for someone starting a column on startups. Let’s just say that startups as we know them are becoming obsolete, like many other sectors, they’re being taken over by the crowd.

At least, this is the premise of one of the most revolutionary startups of our times: Hyperloop Transportation Technologies, born out of the intuition of German-born, American entrepreneur Dirk Ahlborn and Italian serial entrepreneur and investor Bibop G. Gresta.

Hyperloop is often defined as the fifth mode of transportation. It is described as a supertrain formed by futuristic capsules, traveling at sonic speed on a thin cushion of air, using magnetic attraction to whiz through nearly airless tubes suspended on earthquake-safe pylons.

Futuristic capsul of Hyperloop Supetrain
Futuristic capsul of Hyperloop Supetrain

How it all started

It began as the brainchild of visionary innovator Elon Musk, founder of Paypal, Tesla and SpaceX among others. In 2013 he published on the SpaceX’s website a White Paper on Hyperloop and encouraged anyone to build it.

Hyperloop
Dirk Ahlborn

That is when Dirk Ahlborn became enamored with the project and decided to go for it. He was also determined to develop Hyperloop the way Musk had envisioned: through Crowdsourcing the world’s most brilliant minds. Thus he issued a call to action on his site JumpStartFund. Right away 100 engineers and scientists from over 20 countries responded giving detailed feedback on the original White Paper.

At this point, Bibop G. Gresta comes into play. Bibop, is a slim, stylish, 40 something Los Angeles-based Italian entrepreneur and investor. Behind his mild-mannered appearance, lies a highly competent and driven individual who co-founded Italian incubator Digital Magics, started over 70 companies, had three successful IPO’s and was involved in many other activities ranging from software development to music producing and acting. His natural storytelling talent gives us a refreshing insight in how a multimillion-dollar project can get started.

Hyperloop
Bibop G. Gresta

Bibop met Dirk at an exclusive Santa Monica gathering of tech entrepreneurs and change-makers. “He approached me and told me, in perfect Italian, that he wanted my help to develop Hyperloop.” Says Bibop, “Initially, the project seemed just unattainable, the technology was super complicated, and he wanted to do it all through Crowdsourcing, honestly it sounded like a pipedream.”

Immediately after, Dirk sent Bibop the project which laid on Bibop’s desk, untouched for about a month. One day he started reading it and, the more he read, the more he became passionate about it: “There were contributions from researchers from SpaceX, Boeing, Tesla, Harvard, MIT…, even a 96 year old scientist who had worked with Einstein. They all wrote their names and phone numbers.” He remembers “They would say: this doesn’t work but take a look at this patent, or they’d give advice on propulsion and other stuff, basically they were providing all the information needed to proceed. So I thought, if it’s a scam it is very well orchestrated, let me call them and check it out.”

Upon very thorough due diligence Bibop realized that Hyperloop was real, so he called Dirk and told him: “Look, you are crazy, but I am crazier then you. This thing can be done and we will do it together, but you need money to do it.” He also needed Bibop’s keen organizational skills: in two weeks they put a plan together, founded Hyperloop Transportation Technology, bought patents, trademarks and so on. From Elon Musk’s vision, Hyperloop, was now turning into an actual startup.

Revolutionizing how startups are built

Hyperloop

In 2000, Daniel Burrus, one of the world’s leading technology forecasters and business strategists, had predicted how XXI Century global citizens will increasingly cooperate to resolve complex world problems. Hyperloop is leading the way in the practice of Crowdsourcing innovation.

Hyperloop claims that it is completely revolutionizing the concept of how startups are built: it is no more a matter of who raises (and sometimes wastes) the most capital from investors, but who can assemble the best team.

Bibop explains: “To assemble a project of this complexity and size you need the most outstanding scientists in the world. For the first time a startup is bringing together the best scientists on the planet in a Crowdsourcing mechanism. Right now we have 520 researchers and engineers from 42 countries actively working on this project, and almost 20,000 more from the community who are contributing through Crowdstorming.”

Participants are compensated with stock options in exchange of dedicating at least 10 hours a week to Hyperloop. However, Bibop says that compensation is only part of the team’s motivation, “Hyperloop is POWERED BY PASSION, because the passion we are all investing in this project is enormous.”

They also apply this Crowdsourcing method to industry partners. Among them, they drew in German vacuum pioneer, Oerlikon Leybold Vacuum, which developed technology for the  Large Hadron Collider  at CERN, and global engineering design firm Aecom.

Thanks to the crowd, great progress has been achieved in a relatively brief amount of time, and Hyperloop has already secured six orders from around the world and it has accumulated $50 million in assets, without fundraising.

Is italy part of the hyperloop movement?

“We have a good 10% of our staff in or from Italy. Italians are top notch in terms of engineering and design,” Bibop notes, “Not many people know, for example, that one of our tube teams is Italian. An entire Department at the Istituto Europeo di Design is working on the architectural components of Hyperloop’s infrastructure and the capsules’ interiors. We are also adding the students from the University of Pisa and Scuola Superiore Sant’Anna who participated in the SpaceX Hyperloop Pod Competition.”

Hyperloop
Andrea La mendola

Among their Italian team members, Bibop mentions Andrea La Mendola: “He came to Los Angeles from Turin to become a movie director and he got in touch with me. Once, I visited him on a movie set and was impressed by the way he was seamlessly managing 80+ people.” He continues: “When I learned that Andrea was an engineer, I asked him if he wanted to coordinate our engineers around the world, he accepted immediately, but it was ultimately the engineers who elected him to be their Head of Global Operations.”

Only time will tell whether Hyperloop will revolutionize transportation,  but the company has already proven that amazing things can happen, fast and well, when you get a large team of exceptional strangers to cooperate.

Leggi l’articolo in italiano

Share on FacebookShare on Twitter
Bianca Dellepiane

Bianca Dellepiane

Esperta di marketing strategico e business internazionale, sono nata in Italia e ho vissuto in Sud America prima di trasferirmi negli Stati Uniti. Dopo l’MBA ho lavorato all’Istituto nazionale per il Commercio Estero (ICE) di Los Angeles. Avendo una forte passione per innovazione ed imprenditorialità, ho poi fondato Bridges to Italy per offrire il mio network e le mie competenze in go-to-market strategy, storytelling e business development a startup italiane ed internazionali affinché possano affermarsi sul mercato USA e rendersi più appetibili per gli investitori americani.  I am a strategic advisor, international business expert and blogger. I lived in Italy and South America before moving to the US. My passion for tech, innovation, and international entrepreneurship has made me an expert in startups go-to-market strategy, storytelling and customer development. Growing up in a family of entrepreneurs, I pursued the startup life after working for the Italian Trade Commission. Since founding Bridges to Italy in Los Angeles, I have been using my entrepreneurial expertise and in-house resources to help foreign startups build their businesses at scale in the U.S.

DELLO STESSO AUTORE

Colto-App-Catriona-Wallis-team

Colto, or How an Aussie Woman Entrepreneur Made It in Italy

byBianca Dellepiane
Colto-App-Catriona-Wallis-team

Colto: l’app italiana per bambini fondata da un’australiana

byBianca Dellepiane

A PROPOSITO DI...

Previous Post

La condanna di Karadzic e le “viltà cristiane” di Srebrenica

Next Post

Pasqua e cuddhura: i dolci degli italoamericani

DELLO STESSO AUTORE

Qoowear

QOOWEAR: Italian Innovation Keeps You Warm

byBianca Dellepiane
Qoowear

QOOWEAR, l’indumento italiano che ti tiene caldo

byBianca Dellepiane

Latest News

Italiano rapito a Manhattan: spunta video in cui ride con i rapitori (e cucina crack)

Italiano rapito a Manhattan: spunta video in cui ride con i rapitori (e cucina crack)

byCristiano Palladino
Italiano rapito a Manhattan: spunta video in cui ride con i rapitori (e cucina crack)

Italian Man Abducted in Manhattan Seen Laughing, Cooking Crack with Captors

byCristiano Palladino

New York

Italiano rapito a Manhattan: spunta video in cui ride con i rapitori (e cucina crack)

Italiano rapito a Manhattan: spunta video in cui ride con i rapitori (e cucina crack)

byCristiano Palladino
Italiano rapito a Manhattan: spunta video in cui ride con i rapitori (e cucina crack)

Italian Man Abducted in Manhattan Seen Laughing, Cooking Crack with Captors

byCristiano Palladino

Italiany

Italy on Madison, la facciata della sede dell’Italian Trade Agency trasformata per tre giorni in una casa italiana.

Erica Di Giovancarlo (ITA): “Italian lifestyle è un modo di vivere”

byMonica Straniero
Il Prosecco italiano conquista i cuori delle donne USA

Il Prosecco italiano conquista i cuori delle donne USA

byAndrea Zaghi
Next Post
dolci pasquali

Pasqua e cuddhura: i dolci degli italoamericani

La Voce di New York

Editor in Chief:  Giampaolo Pioli   |   English Editor: Grace Russo Bullaro   |   Founded by Stefano Vaccara

Editor in Chief:  Giampaolo Pioli
—
English Editor: Grace Russo Bullaro
—
Founded by Stefano Vaccara

  • New York
    • Eventi a New York
  • Onu
  • News
    • Primo Piano
    • Politica
    • Voto Estero
    • Economia
    • First Amendment
  • People
    • Nuovo Mondo
  • Arts
    • Arte e Design
    • Spettacolo
    • Musica
    • Libri
    • Lingua Italiana
  • Lifestyles
    • Fashion
    • Scienza e Salute
    • Sport
    • Religioni
  • Food & Wine
  • Travel
    • Italia
  • Mediterraneo
  • English
  • Search/Archive
  • About us
    • Editorial Staff
    • President
    • Administration
    • Advertising

VNY Media La Voce di New York © 2016 / 2025 — La testata fruisce dei contributi diretti editoria d.lgs. 70/2017
Main Office: 230 Park Avenue, 21floor, New York, NY 10169 | Editorial Office/Redazione: UN Secretariat Building, International Press Corps S-301, New York, NY 10017 | 112 East 71, Street Suite 1A, New York, NY 10021

VNY Media La Voce di New York © 2016 / 2025
La testata fruisce dei contributi diretti editoria d.lgs. 70/2017

Main Office: 230 Park Avenue, 21floor, New York, NY 10169 | Editorial Office/Redazione: UN Secretariat Building, International Press Corps S-301, New York, NY 10017 | 112 East 71, Street Suite 1A, New York, NY 10021

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
La Voce di New York
Gestisci Consenso
Per fornire le migliori esperienze, utilizziamo tecnologie come i cookie per memorizzare e/o accedere alle informazioni del dispositivo. Il consenso a queste tecnologie ci permetterà di elaborare dati come il comportamento di navigazione o ID unici su questo sito. Non acconsentire o ritirare il consenso può influire negativamente su alcune caratteristiche e funzioni.
Funzionale Always active
L'archiviazione tecnica o l'accesso sono strettamente necessari al fine legittimo di consentire l'uso di un servizio specifico esplicitamente richiesto dall'abbonato o dall'utente, o al solo scopo di effettuare la trasmissione di una comunicazione su una rete di comunicazione elettronica.
Preferenze
L'archiviazione tecnica o l'accesso sono necessari per lo scopo legittimo di memorizzare le preferenze che non sono richieste dall'abbonato o dall'utente.
Statistiche
L'archiviazione tecnica o l'accesso che viene utilizzato esclusivamente per scopi statistici. L'archiviazione tecnica o l'accesso che viene utilizzato esclusivamente per scopi statistici anonimi. Senza un mandato di comparizione, una conformità volontaria da parte del vostro Fornitore di Servizi Internet, o ulteriori registrazioni da parte di terzi, le informazioni memorizzate o recuperate per questo scopo da sole non possono di solito essere utilizzate per l'identificazione.
Marketing
L'archiviazione tecnica o l'accesso sono necessari per creare profili di utenti per inviare pubblicità, o per tracciare l'utente su un sito web o su diversi siti web per scopi di marketing simili.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Visualizza preferenze
{title} {title} {title}
La Voce di New York
Gestisci Consenso
Per fornire le migliori esperienze, utilizziamo tecnologie come i cookie per memorizzare e/o accedere alle informazioni del dispositivo. Il consenso a queste tecnologie ci permetterà di elaborare dati come il comportamento di navigazione o ID unici su questo sito. Non acconsentire o ritirare il consenso può influire negativamente su alcune caratteristiche e funzioni.
Funzionale Always active
L'archiviazione tecnica o l'accesso sono strettamente necessari al fine legittimo di consentire l'uso di un servizio specifico esplicitamente richiesto dall'abbonato o dall'utente, o al solo scopo di effettuare la trasmissione di una comunicazione su una rete di comunicazione elettronica.
Preferenze
L'archiviazione tecnica o l'accesso sono necessari per lo scopo legittimo di memorizzare le preferenze che non sono richieste dall'abbonato o dall'utente.
Statistiche
L'archiviazione tecnica o l'accesso che viene utilizzato esclusivamente per scopi statistici. L'archiviazione tecnica o l'accesso che viene utilizzato esclusivamente per scopi statistici anonimi. Senza un mandato di comparizione, una conformità volontaria da parte del vostro Fornitore di Servizi Internet, o ulteriori registrazioni da parte di terzi, le informazioni memorizzate o recuperate per questo scopo da sole non possono di solito essere utilizzate per l'identificazione.
Marketing
L'archiviazione tecnica o l'accesso sono necessari per creare profili di utenti per inviare pubblicità, o per tracciare l'utente su un sito web o su diversi siti web per scopi di marketing simili.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Visualizza preferenze
{title} {title} {title}
No Result
View All Result
  • Home
  • New York
  • Onu
  • News
    • Primo Piano
    • Politica
    • Economia
    • First Amendment
  • Arts
    • Arte e Design
    • Spettacolo
    • Musica
    • Libri
  • Lifestyles
    • Fashion
    • Scienza e Salute
    • Sport
    • Religioni
  • Food & Wine
    • Cucina Italiana
  • Travel
    • Italia
  • Video
  • English
    • Arts
    • Business
    • Entertainment
    • Food & Wine
    • Letters
    • Lifestyles
    • Mediterranean
    • New York
    • News
  • Subscribe for only $6/Year

© 2016/2022 VNY Media La Voce di New York

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?