2012 Entrepreneur of the year is…Israeli and a woman

Pink-haired, Israeli MIT-grad Limor Fried was just named Entrepreneur Magazine’s Entrepreneur of 2012. Limor Fried — who’s colloquially known as Lady Ada — runs adafruit Industries, aΒ $4.5 million company with 25 employees and produces some cool gadgets. Israeli entrepreneurs go global The lip-pierced engineer received her masters from MIT and the Media Lab. In many ways, she embodies the modern Israeli entrepreneur. She’s intellectually curious — a tinkerer at heart. She lives the lifestyle and products she sells. She’s every bit one of the crowd she sells to. According to the article: [bra_blockquote align=””]Last year New York City-based Adafruit did a booming $10 million trade in sales of DIY open-source electronic hardware kits, so-called because project designs are free and publicly accessible, and customers are encouraged to modify or “hack” the final product. In addition to MintyBoost ($19.50), the online catalog includes in-house designs like the iNecklace ($75), a pendant shaped like an Apple gadget’s “on” button, complete with a pulsing LED light; and third-party products that have earned the “Adafruit seal of approval,” like the MaKey MaKey ($49.95),...

Read More