Limor Fried (aka Ladyada) founder of Adafruit was named Entrepreneur of 2012 by the Entrepreneur Magazine. We really appreciate everything the Adafruit team does to carve out a space for the Open Hardware industry. Congratulations to Limor!
With $10,000 her parents had allocated for her tuition, Fried bought a bulk quantity of parts and began assembling and selling her kits, making about $10 on each unit. In the beginning, running the company consisted of shipping a couple of packages a day from the 24-hour post office next door to her dorm. As orders increased, she hired friends; before she knew it, she was designing a new project every week around newfangled components like gyrometric sensors, solar panels and thermal printers.