Michael Loren Mauldin, 1994

University campuses are fertile grounds for Internet successes. Just like Facebook, search engine and Web portal Lycos was born in a university as a research project, devised by Michael Loren Mauldin. Conceived in the mid-90s, Lycos went through all the different phases of the turbulent Internet era. Hence the explosive growth after its launch, the huge take-over near the peak of the Internet bubble ($12 billion), and the more difficult times that inevitably came after the bubble burst. In 2010 Lycos was sold for $36 million to Internet marketing company Ybrant Digital.