File-Sharing Tool Received Student Business Award

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Old 17-May-2011
Red face File-Sharing Tool Received Student Business Award

inus, an entirely new platform for file-sharing, has been created by a Babson College senior, whose career started when he was 9. John Xie created his first website as a child, and a web hosting company as a teenager.

Minus is a new tool for sharing pictures, documents, audio and video files, and actually all types of files by simply dragging them from the desktop or a folder into their browsers. The sharing can also be committed though Minus desktop or mobile applications. The client was developed by John Xie in cooperation with Carl Hu, a principal engineer at Amazon.com. Both of the application founders admitted that their goal was to simplify file-sharing and develop the simplest and easiest experience for Internet users. John Xie also revealed that Minus has collected a database of over 1/3 million users, 1 million uploads and 1 billion hits since the application was launch back in October 2010. Minus even managed to win the Babsonís Student Business of the Year Award in April 2011, which brought him $5.000 cash prize. Thus, the application made its first step into the world of file-sharing, delivering simplicity and minimalism to Internet users throughout the globe for free.

However, the program founders admit that itís yet too early to forecast the future of their creation. John Xie is now planning to focus on the application full-time after his graduation this month. The nearest plans of the founders are to focus on user growth, and they are looking forward to it.

Xieís hosting company, called Cirtex Corp., was started with capital of less than $20, but today it already servicing over 100,000 domain names and generating over $1,000,000 in profit every year. John Xie said that he always liked the idea of entrepreneurship and has been constantly pursuing big ideas about technology. However, his business was mostly an adventure for him. For example, Cirtex, launched by Xie at the age of 13, was more playing around and enjoying himself and what he did rather than a business or a job. Indeed, John Xie confessed that the web hosting company was more poking around and learning things in business as you go. As all his projects, Minus application was also creating things out of nothing, while having a lot of fun.

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