Author: Tronserve admin
Sunday 19th September 2021 09:55 PM
30 Under 30 Consumer Tech 2020: Shaping How We Share, Shop And Sweat
The 2020 Forbes 30 Under 30 Consumer Technology stars are leaders who are changing the way we live for the better. This year the honorees include a wide range of businesses from workout tracking to new social media companies to a startup that’s turning people’s ashes into diamonds.
For the ninth-straight year, Forbes reporters (Biz Carson, Michael Nuñez and Brianne Garrett) reviewed hundreds of the most promising individuals in tech and also relied on the expertise of a panel of four judges: Vimeo CEO Anjali Sud, GGV managing partner Hans Tung, Lighstpeed Ventures Partner Jeremy Liew and Eero founder Nick Weaver, a 2016 Under 30 alum. The judges assessed a whittled-down group, from which we created the 2020 30 Under 30 Consumer Technology list.
Facebook and Instagram may dominate social media, but many Under 30 winners are challenging their dominance and finding new ways to connect. Brothers Alex (26) and Austen (24) Ma created TTYL, which lets people chat if they have headphones like AirPods connected. Twenty founder Diesel Peltz, 26, is helping people in the same location meet up, while Wildfire cofounders Hriday Kemburu (25), Jay Patel (25) and Vinay Ramesh (26) are helping students stay safe and in the know about what’s happening on campus around them.
This year’s Consumer Tech call-out is Devon Townsend, 29, cofounder of Cameo. A former Microsoft employee turned Vine star, he decided to build an app that lets people buy custom video messages from celebrities. One of its earliest customers sent them a video of their daughter literally crying after watching the Cameo video. “It’s the most powerful video we’d ever seen,” Townsend says. “This is really cool validation that this is something that could work.” Since its launch in 2017, Cameo has raised more than $65 million in funding and is generating “tens of millions” in sales this year with the help of tens of thousands of celebrities.
Technology is also changing the way we shop. Fetch Rewards cofounders Tyler Kennedy, 28, and Wes Schroll, 26, realized grocery store loyalty programs only rewarded people for going to the same physical store over and over again. Wisconsin-based Fetch Rewards instead gives people points based on what brands they buy, no matter where they shop. Tyler Faux, 29, of Supergreat is also changing how beauty lovers find the best products thanks to his review website.
Some list winners aren’t founders of companies but entrepreneurs within larger companies, from Uber to Google to Instagram. For example, Twitter product manager, Jesar Shah, 25, helped create Twitter Lite (a data-saving app for emerging economies), launched Bookmarks in 2018 and most recently helped lead the redesign efforts. At Uber, Nikhil Goel, 28, moved from the emerging markets team to become a cofounder of Uber Elevate and head of product, running the team that oversees its Uber Copter service.
This year’s winners show that consumer tech is continuing to innovate every part of our life with the goal of making it better than ever.