Bill Gross founded Idealab in 1996 and has seen the technology incubator create more than 150 companies and execute more than 45 IPOs and acquisitions. Gross started Solar Devices, a solar energy products company, while he was in high school, and patented a new loudspeaker design while in college at Caltech. He also has created many well-known software products and companies, including the Magellan search program; Knowledge Adventure, an educational software publisher; and online interactive city guide CitySearch. Idealab-fostered UberMedia launched GoTo.com in 1998, providing the first bid-based, pay-per-click search engine, which became a key to monetizing the internet. The company was later renamed Overture Services and was acquired by Yahoo in 2003 for a reported $1.6 billion. Idealab’s latest project is Edisun Microgrids, a renewable energy technology company. Gross serves on the boards of trustees of Caltech and the ArtCenter College of Design.