At the cutting edge of tech, music and business are many successful leaders who not too long ago weren't old enough to drive or vote.
These wunderkinds were honored in Forbes' prestigious "30 under 30" lists, which highlights hundreds of top young entrepreneurs in categories from social media to science, in the 2022 rendition of the list on Wednesday. Some of the Class of '22 were as young as 14, while the average honoree was around 28 years old. Thirteen of these burgeoning business moguls were from Austin, which has seen such distinguished 30 under 30 alumni as former UT basketball player Kevin Durant get top spots on the 10-year-old list.
Here's a look at the 13 Austinites who made the cut:
Science—Celine Halioua, Loyal founder, 27
Celine Halioua, founder of Loyal and #ForbesUnder30 honoree, discusses how she created a company which helps prevent undue aging and cancer in dogs, and whose research could also potentially help humans. https://t.co/rfbFS4dq72pic.twitter.com/3MaBGnE4Eb— Forbes (@Forbes) December 1, 2021
Earning the top spot in the science category was Celine Halioua, a former University of Texas student and founder of biotech company Cellular Longevity. The company, normally called Loyal, was founded by Halioua in 2019 and aims at finding compounds that can prevent undue aging and cancer in dogs, something that Halioua hopes will one day translate into human benefits.
As the frontrunner for the Science category's Class of '22, Halioua earned a photoshoot and video interview. Like many others on the list, Halioua's youth may give her an edge up in creating new ideas and technologies.
"It's been very fun learning how to modernize an old industry," Halioua said in the interview.
Halioua, who grew up in Austin around 15 cats, rescue dogs and even pet squirrels, said her company looks to extend the lifespan of dogs, but more broadly she hopes to combat the issue of "not having free will," an opinion she formed when talking to brain cancer patients at a neuro-oncology clinic at 18.
She also said creating anti-aging medicines for dogs can be a "proving ground" for creating the first explicit anti-aging drug cleared for humans because veterinary medicines are much more likely to be approved.
There's never been a drug approved for aging for any species, dog or human," Halioua said. "My core goal in life is to get the first drug approved."
The Bay Area-based company is pre-revenue, but it's already generated over $38 million in venture capital and has its first anti-aging drug poised to reach clinical trials next year.
Science—William Gilpin, UT Austin professor, 29
Is chaos actually hard to predict? For NeurIPS this year I made a database of 131 known strange attractors, and trained state-of-the-art forecasting models on each one, to try to figure this out (1/N):— William Gilpin (@wgilpin0) October 12, 2021
Dataset + Code: https://t.co/EpK4ZfWTEFpic.twitter.com/ehvPCBhDm3
University of Texas' incoming physics professor William Gilpin knows how to find beauty—and practicality—in chaos.
Using "chaos theory to understand biological complexity," Gilpin, who was inspired by ocean waves and fluids, has revolutionized a machine learning technique for neuroscience recordings.
"Is chaos really hard to predict?" Gilpin asks in a recent viral Tweet, as he showcases his methods that have helped analyze fitness trackers and predict prices of stocks and ponds.
Sports—Megan Lindon, Austin FC marketer, 29
Ever seen Austin FC's signature Verde Van rolling around town? The mobile one-stop shop for Austin FC merchandise is the brainchild of Lindon, the senior manager of marketing who helped make the team the top-selling hub for merch across the MLS in its first year.
Lindon oversaw brand campaigns and retail partnerships, such as its jersey sponsor YETI, for the new team. Although she might not be responsible for all the hype, it's tough to tell whether Austin FC would be as recognizable nationwide without Lindon's efforts.
Really thrilled to be named a part of @Forbes 30 Under 30 Games Class of 2022, alongside some other very young talented esports folks — @scump, @onfireScarlett, and @TSMWalter, to name a few.https://t.co/3v2Wqq8hz1— Jacob Wolf (@JacobWolf) December 1, 2021
Move over, sports commentators—esports reporting is entering its golden era, and the self-proclaimed "world leader" in esports coverage is based in Austin with Jacob Wolf at the helm.
At 24, Wolf, the company's chief reporter, has already been compared to "ESPN's NBA news king Adrian Wojnarowski," according to the Forbes report. He's also won the Esports Awards Journalist of the Year title in 2018 and has been nominated five times, leads the company's news team with hard-hitting investigative pieces and has founded a production company that will co-produce a podcast set to release in 2022.
Wolf sits on the list now, but he was criticized by a Forbes reporter in the past for having "zero corner" in the esports market—a notion that was quickly shut down by Wolf and longtime esports fans alike.
Manufacturing & Industry—Topher Haddad and Winston Tri, Albedo co-founders
Good Morning Twitter! This year for Thanksgiving we've made some 10cm synthetic imagery. Let us know what you think. pic.twitter.com/MPmh93tctW— Albedo (@Albedo) November 24, 2021
"The next generation of Earth observation is coming soon," satellite imagery company Albedo's website boldly reads over a crystal-clear aerial view of an alpine forest.
Two under-30 entrepreneurs—Topher Haddad and Winston Tri—set out to create commercially-available satellite imagery that has nine times better resolution than what's out now. From that, Austin-based Albedo was born.
After raising $10 million in a seed round by Initialized Capital, the company is gearing up to launch its first satellites in 2023.
Venture Capital—Brandon Allen and Marcus Stroud, TXV Partners co-founders
Austin can't have its startup-savvy culture without its venture capitalists, something Princeton graduates Brandon Allen and Marcus Stroud know all too well.
Now 27 and 28, the former Princeton roommates formed TXV Partners in 2019 and haven't looked back since, investing over $20 million into businesses including fitness app Future Fit and the similarly-named fitness startup Future as well as Data.World, Oura, Kambr and Trax. The duo, which has since tacked on another partner, has been focused on local businesses for years and will continue to do so as they boost Texas' best exercise startups.
Retail and eCommerce—Benjamin Smith, Disco founder, 28
Everything is better in a set. 🎁 — Disco™ (@letsDiscoskin) November 27, 2021
If you're not shopping our biggest sale of the year, you're missing out. Get 30% off site-wide + free shipping on all orders. pic.twitter.com/kBmI56ZjMu
Men need skincare, too—even if they sometimes aren't comfortable enough to address it.
That's the issue that Austinite Benjamin Smith hopes to tackle with his skincare line Disco, which provides sets and products from anti-aging cream to cleansers to help men feel their most "dapper."
Smith, who struggled with acne throughout early adulthood, strayed from the overly-masculine packaging of many men's beauty products and instead opted for a sleek, simple look that can be seen online and at Nordstrom. The company has been featured in GQ and the Wall Street Journal and is expected to see $10 million in revenue at the end of 2021 after an original $5 million in funding.
Finance—Jeron Davis, RLJ Equity Partners, 28
Forbes 30 under 30 in Finance should be renamed Forbes 30 under 30 in Blockchain!— nicola 💾 (@iamnotnicola) December 1, 2021
Although he's based in Maryland, Jeron Davis has found success as a senior associate at RLJ Equity Partners, a firm founded by Austin billionaire Robert L. Johnson.
Davis is a former investment banker at Citigroup Global Markets, Inc., where he made a$4.6 billion leveraged buyout of Petco and a $2.2 billion sale with CenturyLink. With RLJ, Davis made a $60 million LBO of Pro-Vac and $31 million TechMedia buyout.
Education—Chandler Bolt, Self Publishing School founder, 28
Investor and Self Publishing School founder Chandler Bolt holds a five-year company and has helped 6,000+ writers publish their own books—and he's just 28.
His company, which helps writers work—from creating a writing timeline to arranging speaking engagements after publishing—charges $6,000 to bring writer's works into fruition.
The Austin-based Self Publishing School has been an INC 5000 company for three years in a row among the fastest-growing private companies in the U.S. But Bolt's not stopping there, he's also published six books of his own, hosts two podcasts, and has a YouTube channel about the self-publishing process.
Energy—Thomas Sherman and Daniel Vassallo, CRCL Solutions co-founders
💡ATI Company Spotlight: CRCL Solutions💡— ATX Tech Incubator (@ATI_UT) September 9, 2021
Congrats to CRCL Solutions for winning a National Science Foundation SBIR award! CRCL will investigate how AI can be used to improve atmospheric modeling for the renewable energy industry.
For more, visit: https://t.co/SVKzscHxL4
Texas' renewable energies are growing fast—but when the wind turbines aren't turning, it can hard to predict how much the state will be able to use.
Using artificial intelligence, CRCL Solutions founders Thomas Sherman and Daniel Vassallo are helping power traders reduce risk and increase profitability by forecasting usage of ERCOT's solar and wind energies. Eventually, the duo hopes to help create carbon neutrality by erasing some risks from the fluctuating renewable energy market.
And their efforts are gaining national attention: so far, they've received funding from the National Science Foundation and the Austin Energy Incubator.
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President Joe Biden signed the CHIPS and Science Act into law on Tuesday, a move that the White House says will unlock hundreds of billions more in semiconductor investment across the country.
Part of that investment could make waves in Central Texas, where semiconductor companies have laid the groundwork for more plants and jobs as a global shortage of semiconductors continues.
For example, Samsung already had a $17 billion semiconductor factory in Taylor on the way. Then in July, documents filed with the state showed that the tech giant is considering 11 chipmaking facilities in the Austin area that it’d build over the next two decades. The proposed $192.1 billion investment would bring more than 10,000 jobs.
\u201cThe CHIPS Act will supercharge our efforts to make semiconductors here in America. It will make cars, appliances, and computers cheaper and lower the costs of everyday goods. And, it will create high-paying manufacturing jobs across the country.\u201d— Joe Biden (@Joe Biden) 1659828240
Micron Technology is another giant that could make a multi-billion regional investment.
At the start of the year, Micron Technology was reportedly considering a new plant in neighboring Caldwell and Williamson counties, though California, North Carolina and Arizona were also being reviewed as potential sites for the plant.
On Tuesday, Micron announced plans to invest $40 billion between now and 2030 for chip manufacturing in the U.S.
In a public video statement, CEO Sanjay Mehrotra noted how semiconductors are essential to many tools that are a part of everyday life such as computers, smartphones and cars.
“Today is a proud moment for the global Micron team and a strong step forward for American high tech manufacturing leadership,” Mehrotra said. The company said specific plans for the investment will be made available in the coming weeks.
\u201cToday, we announced plans to invest $40 billion in the U.S. through the end of the decade to build leading-edge memory #manufacturing. Our investment will create 40k American jobs and strengthen U.S. supply chains. Watch this space! #jobs #innovation https://t.co/WPePuDVJs6\u201d— Micron Technology (@Micron Technology) 1660050842
Recently, the city has made efforts to train Austin residents for the kind of roles companies like Micron and Samsung would try to fill. A couple of months ago, the city announced a “hire local” plan with Workforce Solutions to help people in fields like manufacturing and information technology get training to move up in their careers.
The bipartisan bill includes $52 billion in semiconductor subsidies. Nationwide, these incentives could create thousands of jobs and multiple fabs, the Semiconductor Industry Association estimates. Some of that could happen in the Austin area from companies looking to expand.
NXP Semiconductors is weighing a $2.6 billion expansion and Infineon Technologies is looking at a $700 million expansion. Respectively, those two could add 800 and 100 jobs.
Central Texas has a reputation as a major hub for semiconductors, and the competition with other areas could ramp up in the coming years as others like Qualcomm and Intel consider new facilities. Dallas-based Texas Instruments also celebrated the passing of the CHIPS Act.
“TI has an exciting manufacturing investment roadmap and these provisions will be meaningful to the development of our 300-mm water fabs in Texas and Utah,” the company said in a Tuesday Twitter post.
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It’s slowly but surely becoming easier to buy a house in Austin.
According to the Austin Board of Realtors, the median house price in the Austin-Round Rock metropolitan area is $537,475 as of July. Take a look at what that price range can get you.
This two-story brick home is the biggest on the list, with four bedrooms and two-and-a-half bathrooms across 2,156 square feet in Round Rock. Characterized by its sky-high ceilings, large windows and newly updated fixtures, the home has a spacious backyard with mature trees, a wooden deck, a lounge area and close proximity to a nearby greenbelt.
This listing is held by Drew Griffin with Compass.
This recently updated three-bedroom, two-bathroom home was built in 1983 but fits in perfectly with the design standards of today. On top of newly-updated floors, roof and windows, this home comes complete with a floor-to-ceiling stone fireplace, a spacious open floor plan and plenty of natural light. The biggest gem of this house is its vaulted and covered back patio, which gives way to a large backyard on a corner lot. At 1,280 square feet, the home is just a few minutes away from The Domain and Q2 Stadium.
This listing is held by Jennifer Buterick and Nicole Marburger with Compass.
Another retro find, this 2,098-square foot home has character to go around and is looking for a caretaker who will love it as much as the last. With four bedrooms and two bathrooms, the house has plenty of room for a home office and is colorfully painted throughout, including bright blue kitchen cabinets. On a third of an acre, this home comes with 12 fruiting trees in the backyard, solar panels, rain-catching barrels and a converted garage with living space.
This listing is held by Niki Duncan with Compass.
This three-bedroom, two-bathroom South Austin home has a wide-open floor plan and sparkling white interiors. The vaulted ceiling in the living room gives height to the room while the fireplace will keep you warm. An airy master suite comes with double pedestal sinks and two walk-in closets, so you don’t have to worry about sharing space with your partner. Enjoy the Texas weather with a private yard, screened-in porch, and fire pit.
This listing is held by Michelle Hendrix and Khani Zulu with Compass.
A retro-on-the-outside, single-story home was built in 1973 but has been given a full modern update on the inside. The three-bedroom, two-bathroom, 1,676-square foot home is situated on a half acre of land, complete with an above-ground pool and covered porch to keep you shady during the oppressive heat. Inside, you’ll walk directly into an open living and dining area, which features a floor-to-ceiling tiled fireplace, that leads to the breakfast nook, and kitchen with mosaic-tiled backsplash and a built-in wine rack.
This listing is held by Derek Peterson with Compass.