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Tuesday, September 23, 2025

Billionaires Who Dropped Out: When Leaving School Was Step One

Education is often painted as the golden ticket to success. For many, it is. But history shows there is also a notable group of people who left college (or never completed it) and became enormously successful entrepreneurs anyway — billionaires who bet on themselves rather than on a degree. This article looks at several of them, their journeys, what gave them the edge, and what these cases can probably not teach us.


Who They Are: Examples of Billionaire Dropouts

Here are some of the more prominent names across tech, retail, media, and beyond who dropped out of college and later became billionaires:

NameSchool(s) Dropped Out From / Level LeftWhat They Founded / Their Business Success
Bill GatesHarvard University — left after about two years. Salary.com+4Business Insider+4Moneycontrol+4Co‑founded Microsoft; played a central role in personal computing, software everywhere. Business Insider+1
Mark ZuckerbergHarvard University — dropped out in his sophomore year. Moneycontrol+1Founded Facebook (now Meta), which became one of the world’s largest social media / tech companies. Moneycontrol+2Upstox - Online Stock and Share Trading+2
Larry EllisonUniversity of Illinois at Urbana‑Champaign (and briefly at University of Chicago) — didn’t complete either. The Times of India+4Upstox - Online Stock and Share Trading+4CNBC+4Co‑founder of Oracle; huge success in database software and enterprise systems. CNBC+1
Michael DellUniversity of Texas at Austin — dropped out. Moneycontrol+3Business Insider+3Lovemoney+3Founded Dell Technologies; became a major PC / hardware company with global supply & sales. Moneycontrol+1
Jan KoumSan Jose State University — left before finishing. Business Insider+3Upstox - Online Stock and Share Trading+3CNBC+3Co‑founded WhatsApp, which became a globally used messaging app; sold to Facebook. Moneycontrol+1
Travis KalanickUniversity of California, Los Angeles (UCLA) — studied, but left to pursue business. Moneycontrol+3CNBC+3Upstox - Online Stock and Share Trading+3Co‑founder of Uber; disrupted transportation / mobility globally. CNBC+1
Oprah WinfreyTennessee State University — did attend, but left early to pursue media opportunities. Moneycontrol+1Media mogul, talk show legend, producer, investment & brand builder. Moneycontrol
Sheldon AdelsonCity College of New York — dropped out. Business Insider+1Built casino / resort / convention businesses (Las Vegas Sands etc.). Lovemoney+1
Azim PremjiStanford University — left to take over family’s business (Wipro) after his father's death. GQ India+1Transformed Wipro into a major global IT / services company; one of India’s leading philanthropists. DNA India+1
Gautam AdaniGujarat University — dropped out in his 2nd year. GQ India+1Built Adani Group, which spans infrastructure, energy, ports, commodities etc.; major player in India. GQ India
Mukesh AmbaniEnrolled in MBA program at Stanford University, but did not complete. GQ India+1Chairman of Reliance Industries; among the richest people globally; major in energy, petrochemicals, telecom etc. DNA India+1

These are just some examples. There are more, depending how broadly you count “dropouts” (some people left university early, some left after working for a bit, etc.).


Common Patterns: What Helped Them Succeed

Looking at these stories, some patterns emerge. Not all are the same, but many share certain traits or circumstances that made dropping out less risky and more fruitful:

  1. Vision / Opportunity Timing
    Many had a big idea or saw a gap (e.g. Gates & Allen with personal computing; Zuckerberg with social networking; Ellison with database software). The opportunity had to be there.

  2. Technical Skill / Domain Knowledge
    They usually were skilled, either in programming, engineering, or had experience in relevant fields. That made them capable of actually executing their visions.

  3. Willingness to Take Risk
    Leaving school comes with risks — financial, social, missing credentials, etc. These individuals were willing to take those risks.

  4. Focus and Intensity
    Many of them devoted themselves full‑time to their venture after dropping out. The dropout was not an excuse for laziness; it was a reallocation of energy.

  5. Support or Resources
    Some had family money or connections. Others had some savings, early investment, co‑founders. They weren’t always completely on their own.

  6. Adaptability, Learning Outside Formal Education
    They kept learning — from self‑study, mentors, experiments, failure. Dropping out doesn’t mean stopping learning.

  7. Luck + External Factors
    Market conditions, timing, technology shifts, etc., often worked in their favor. Not all successes are purely meritocratic.


What These Stories Don’t Mean

While inspiring, these drop‑out‑to‑billionaire stories come with important caveats. They are, in many ways, exceptions. It’s dangerous to generalize too much. Some risks:

  • Survivorship Bias: We hear about the ones who succeeded; we don’t often see the many who dropped out and did not become billionaires. For most people, a degree still offers a lot of value (skills, credentials, fallback options).

  • Privilege Matters: Having access to early capital, mentors, networks can ease failure. Not everyone has that safety net.

  • Hard Skills vs. Credentials: Some fields (medicine, law, sciences, certain engineering roles) require formal training and certification. Dropping out is less feasible / more costly in those cases.

  • Economic & Geographic Differences: What works in Silicon Valley or large metro economies is different from rural or developing regions. Infrastructure, rules, market access vary.

  • Not Always Sustainable Paths: Billionaire status often comes after many years of growth, reinvestment, sometimes hard years. It’s not a fast or easy track.


What We Can Learn

From their stories, there are lessons both for aspiring entrepreneurs and for societies/policymakers.

  • Value of Self‑Directed Learning: Being curious, observant, willing to learn outside classes is powerful. Many successful dropouts equated formal learning with real‑world impact.

  • Importance of Execution: Ideas matter, but execution often matters more — building the product, scaling, hiring, adapting.

  • Risk & Courage: Calculated risks often precede big breakthroughs. Leaving “safe” tracks can open up possibilities.

  • Resilience: Many of them encountered failures or setbacks after dropping out. Persistence is key.

  • Using Education Selectively: For some, the academic environment was less helpful than building their business. But for others, going back or adopting structured learning helped later.


A More Balanced View: When Staying Might Be Better

While stories of dropout billionaires are compelling, for many people staying in college or completing higher education is still highly valuable:

  • Credentials often matter for employment, credibility, legal licenses, etc.

  • College can provide a structured environment to develop soft skills (critical thinking, writing, collaboration).

  • Networking: classmates, professors, alumni can provide connections & support.

  • Some fields absolutely require degrees or formal qualifications.

So, leaving is not always the better path. It depends on goal, sector, personal readiness, and access to resources.


Conclusion

The world has seen several billionaires who dropped out of college, betting instead on their ideas, passion, and ability to act. From Bill Gates to Mark Zuckerberg, from Larry Ellison to Gautam Adani, their stories remind us that formal education is not always the only path to immense success. But these cases are special. Most people will benefit much more from completing education, building skills, and using any small advantage they have.

What these examples do best is expand our sense of what’s possible — they don’t guarantee that leaving college leads to success, but they show that in certain conditions, with the right mix of idea, execution, risk, and perseverance, it can happen.

Wednesday, September 17, 2025

Gautam Adani: Dropping Out of University to Build Adani Group and Change the World

In the modern era of entrepreneurship, stories of self-made billionaires often include bold risks, unconventional paths, and relentless ambition. Among these is the remarkable story of Gautam Adani, the Indian industrialist who dropped out of college and went on to build Adani Group, one of the largest conglomerates in India—and the world. Adani’s journey from a modest background to becoming one of the world’s richest individuals is a testament to vision, timing, and the willingness to take daring leaps.


Humble Beginnings in Gujarat

Gautam Shantilal Adani was born on June 24, 1962, in Ahmedabad, in the western Indian state of Gujarat, into a Jain family of modest means. His father was a textile merchant, and though the family wasn't impoverished, they weren't wealthy either. Growing up in a traditional setting, young Gautam showed signs early on that he was more interested in business and hands-on experience than academics.

He enrolled at Gujarat University to pursue a degree in commerce, but dropped out in the second year. Unlike many, he didn’t leave academia out of disinterest or poor performance—he left because he had a vision that couldn't wait.


Early Struggles and Entrepreneurial Spark

Adani’s first foray into the business world came not through family connections or inherited wealth, but through sheer determination. After leaving university, he moved to Mumbai in the late 1970s with just a few hundred rupees. There, he worked as a diamond sorter for a trading firm, Mahendra Brothers. The job paid modestly, but more importantly, it taught him the ropes of the global trade business—negotiation, pricing, logistics, and international markets.

By the early 1980s, Adani returned to Ahmedabad and joined his brother's plastics business, which was involved in importing polyvinyl chloride (PVC). This venture introduced him to the world of import-export—a space where his instincts and understanding of global markets began to shine.


The Birth of Adani Enterprises

In 1988, Gautam Adani founded Adani Exports, later renamed Adani Enterprises, the flagship company of the Adani Group. The company began as a commodities trading business, dealing in agricultural and power commodities. The timing was perfect: India was liberalizing its economy, loosening state controls, and opening up to private enterprise and global trade.

Adani’s ability to sense opportunity and act quickly allowed his company to grow rapidly. He began to diversify the business into infrastructure, logistics, and energy, identifying sectors that were not only lucrative but also essential for India's long-term economic development.


Building an Empire: Adani Group

Over the next three decades, Gautam Adani transformed a modest trading firm into a multinational conglomerate spanning ports, energy, airports, logistics, agribusiness, real estate, data centers, and more.

Here’s a look at some of the group’s key verticals:

1. Ports and Logistics

Adani's most prominent achievement is perhaps his transformation of Mundra Port in Gujarat from a small, undeveloped port into India’s largest commercial port. Operated by Adani Ports & SEZ Limited, it serves as a critical node in India's supply chain infrastructure.

Today, Adani Ports is India’s largest private port operator with a network of ports across the country.

2. Energy

Adani Power and Adani Green Energy are key players in India’s thermal and renewable power sectors, respectively. The group is one of India’s largest private power producers and is investing heavily in solar and wind energy, aligning with global climate goals.

3. Airports

In recent years, the Adani Group has ventured into aviation infrastructure. It now operates several of India’s major airports, including those in Mumbai, Ahmedabad, and Lucknow, positioning itself as a leader in one of the world’s fastest-growing aviation markets.

4. Renewables and the Green Transition

Perhaps one of the most ambitious moves by the Adani Group has been its pivot towards green energy. In line with global climate commitments and India's renewable energy goals, Adani has pledged to become the world’s largest renewable energy producer. The company has invested billions in solar panel manufacturing, wind power, and green hydrogen.


Vision and Controversy

Gautam Adani is a figure of both admiration and controversy. His close alignment with political power, particularly the government of Prime Minister Narendra Modi, has drawn criticism from political opponents and environmental activists. Critics argue that the group’s rapid expansion has come at the cost of environmental regulations and public interest.

In early 2023, U.S.-based short-seller Hindenburg Research published a scathing report accusing Adani Group of stock manipulation and accounting irregularities. The report triggered a dramatic crash in the group’s listed companies, wiping out over $100 billion in market value in weeks. Adani strongly denied the allegations and responded with a 400-page rebuttal.

Despite the turmoil, Gautam Adani remained focused. Over the following months, the group reduced debt, sold stakes in some assets, and refocused its strategy to reassure investors and protect its long-term vision. By late 2023 and into 2024, Adani Group shares began recovering, and the group resumed its investments, especially in clean energy and infrastructure.


A Self-Made Billionaire

As of 2025, Gautam Adani remains one of the richest individuals in Asia, frequently toggling between the top 10 and 20 richest people in the world, depending on market fluctuations. His net worth, which has crossed $80 billion at various points, is built not on inherited assets or tech ventures, but on core infrastructure—ports, power, logistics, and green energy.

Adani’s story stands out in a world dominated by tech billionaires. While many modern tycoons made fortunes in software or social media, Adani built his empire in the real economy—moving goods, building airports, supplying power, and fueling economic growth.


Lessons from Gautam Adani’s Journey

Gautam Adani's life offers several powerful lessons for aspiring entrepreneurs and business leaders:

1. Formal Education Is Not Everything

Adani's decision to drop out of university didn’t prevent him from learning. He sought real-world education, embracing the grit and grind of global trade. His journey shows that success often comes from curiosity, discipline, and risk-taking, not just degrees.

2. Timing Is Everything

Adani's rise coincided with India’s economic liberalization. His ability to identify underdeveloped sectors like ports and logistics and invest ahead of the curve gave him a lasting competitive edge.

3. Think Long-Term

Unlike many who chase short-term gains, Adani’s focus has always been on long-term, capital-intensive projects—power plants, ports, and now renewable energy parks. These assets take years to build but offer sustained returns.

4. Resilience Matters

Whether it was business setbacks, controversies, or the 2023 Hindenburg crisis, Adani’s ability to bounce back shows remarkable mental resilience and strategic adaptability.


Conclusion

Gautam Adani’s story is one of the most compelling business tales of the 21st century. From dropping out of university to building a global infrastructure empire, he has redefined what it means to be a visionary entrepreneur in India and beyond. His journey reflects the changing face of the Indian economy—bold, ambitious, and globally connected.

While challenges and criticisms remain, one thing is certain: Gautam Adani has already changed the world, especially the infrastructure of the developing world, and he’s not done yet.

Wednesday, September 10, 2025

Larry Ellison: Dropping Out of University to Build Oracle and Change the World

In the world of technology and entrepreneurship, stories of college dropouts achieving extraordinary success have become almost mythical. Among the most iconic is Larry Ellison, the co-founder of Oracle Corporation—a man whose decision to walk away from academia helped pave the way for one of the most influential companies in the history of enterprise software. From humble beginnings and a rebellious nature to becoming one of the richest individuals in the world, Ellison’s journey is a compelling narrative of vision, risk-taking, and unrelenting ambition.

Humble Beginnings

Larry Ellison was born in the Bronx, New York, in 1944 to a single, unwed Jewish mother. When he contracted pneumonia at nine months old, his mother gave him to her aunt and uncle in Chicago to raise. Ellison would later describe his adoptive father, Louis Ellison—a government clerk—as a man who constantly discouraged him and doubted his potential.

Despite this turbulent upbringing, Ellison displayed a sharp intellect and curiosity. He enrolled at the University of Illinois but dropped out after his second year due to the death of his adoptive mother. He later gave university life another shot at the University of Chicago, where he studied physics and mathematics, but once again, he dropped out after just one term.

The Non-Traditional Path

Dropping out of university twice might sound like a failure in conventional terms, but for Ellison, it was the beginning of a different kind of education—one shaped by experience, self-teaching, and a deep passion for technology. He moved to Berkeley, California, during the rise of the computer revolution, taking on odd programming jobs and immersing himself in Silicon Valley's emerging tech scene.

He worked at several companies, including Amdahl Corporation and Ampex, where he participated in building one of the first IBM-compatible mainframe systems. It was during this time that Ellison came across a research paper by Edgar F. Codd, an IBM scientist, who had proposed the theory of a relational database management system (RDBMS). This concept would become the foundational idea behind what would eventually become Oracle.

The Birth of Oracle

In 1977, along with partners Bob Miner and Ed Oates, Ellison founded Software Development Laboratories (SDL), which would later be renamed Oracle Corporation. With just $2,000 of his own money and a vision to commercialize Codd’s RDBMS concept, Ellison set out to change the way businesses handled data.

Their first product, Oracle Version 2 (there was no Version 1), was released in 1979 and was the first commercial SQL-based RDBMS. It ran on mainframes, mini-computers, and eventually personal computers—something IBM had not fully developed at the time. This gave Oracle a significant first-mover advantage.

By the early 1980s, Oracle's database systems were being adopted by major government agencies and large corporations. Ellison’s relentless salesmanship and ability to pitch big ideas helped Oracle grow rapidly, even when its financial footing was shaky. He was a CEO who believed in selling the vision first and building the product to match it—an approach that sometimes caused friction but often paid off.

Aggressive Growth and Competition

Under Ellison’s leadership, Oracle grew aggressively, becoming one of the fastest-growing companies in the world during the 1980s and 1990s. The company went public in 1986, and despite experiencing near-collapse in 1990 due to accounting issues and over-aggressive sales tactics, it rebounded stronger than ever.

Ellison built a corporate culture around boldness, risk-taking, and competition. He admired companies like Apple and admired Steve Jobs, but he also had a fierce rivalry with other tech giants, especially IBM, SAP, and later Microsoft. Oracle consistently pushed the boundaries of database technology, adding new capabilities and acquiring smaller firms to enhance its offerings.

In the 2000s and 2010s, Oracle shifted gears under Ellison’s guidance, moving from a purely database-focused company to a diversified enterprise software giant. Acquisitions like PeopleSoft, Siebel Systems, BEA Systems, and Sun Microsystems expanded Oracle's footprint into hardware, middleware, and cloud infrastructure.

The Visionary and the Maverick

What sets Larry Ellison apart from other tech billionaires is not just his success but his style of leadership. Known for his arrogance, charisma, and lavish lifestyle, Ellison often made headlines for his sharp tongue and bold predictions. He wasn't afraid to criticize competitors publicly, challenge industry orthodoxy, or bet heavily on new trends—such as the shift to cloud computing, which Oracle initially resisted but later embraced fully.

Despite his brash demeanor, Ellison possessed a deep technical understanding of Oracle’s products, often getting involved in product development and strategic direction. His ability to combine technical insight with business strategy made him a rare breed in the executive world.

Dropping Out, but Never Stopping

Ellison’s story challenges the conventional wisdom that success depends on following traditional academic or career paths. He didn’t have a computer science degree. He wasn’t formally trained in business. Yet he built a company that powers virtually every Fortune 500 company and handles vast swaths of global data infrastructure.

Oracle today is a multi-billion-dollar enterprise, and Ellison—though he stepped down as CEO in 2014—remains its Chief Technology Officer and Chairman, deeply involved in its long-term strategy and product innovation.

His decision to drop out of university was not a failure; it was a pivot—one that allowed him to forge his own educational journey, driven by curiosity and an intense work ethic. Ellison often remarks that the formal education system was too rigid for him and that real learning happened when he started building and solving problems in the real world.

Legacy and Impact

Larry Ellison's legacy is enormous. He didn’t just build a company; he helped shape the backbone of modern enterprise computing. From global banks and governments to hospitals and online retailers, Oracle's systems are used to manage mission-critical data and applications.

He also redefined what it means to be a tech CEO—flamboyant, outspoken, yet deeply hands-on. His journey has inspired generations of entrepreneurs to think big, defy convention, and pursue bold visions even when the odds seem impossible.

Beyond business, Ellison has become a major philanthropist and investor in areas like healthcare, education, and clean energy. He owns the Hawaiian island of Lanai, where he is experimenting with sustainable living and eco-technology. His Ellison Medical Foundation has donated hundreds of millions to biomedical research and aging-related diseases.

Conclusion

Larry Ellison’s story is not just about building a tech empire—it’s about defying expectations, embracing risk, and having the courage to follow your own path. Dropping out of university didn’t stop him; it set him free. It gave him the space to discover what he truly loved and the drive to pursue it with everything he had.

In doing so, he didn’t just change his own life—he changed the world of technology forever.

Wednesday, September 3, 2025

Mark Zuckerberg: Dropping Out of Harvard to Build Facebook and Change the World

In the pantheon of modern tech innovators, few names are as instantly recognizable as Mark Zuckerberg. As the co-founder and CEO of Facebook (now Meta Platforms, Inc.), Zuckerberg didn’t just build a company—he helped shape the fabric of 21st-century communication, commerce, and culture. His decision to drop out of Harvard University to pursue the development of Facebook is now legendary, often cited as a defining example of the risk-taking spirit that characterizes Silicon Valley entrepreneurship.

But what makes Zuckerberg’s story especially compelling is not simply that he left an Ivy League education behind. It’s that he had a vision so powerful—and a platform so scalable—that it altered how billions of people interact with each other and the world. The road from a college dorm room to a global empire wasn’t easy, but it was transformative.

Early Life and Harvard Beginnings

Mark Elliot Zuckerberg was born on May 14, 1984, in White Plains, New York. Raised in nearby Dobbs Ferry, he demonstrated an early talent for computers and programming. By the time he was in middle school, he had already created messaging systems and simple games. His father, a dentist, encouraged his curiosity by hiring a private computer tutor to supplement his learning.

In 2002, Zuckerberg entered Harvard University, where he studied psychology and computer science. He was a member of the elite Kirkland House and was known among his peers for his programming abilities. During his sophomore year, he created programs like CourseMatch, which helped students pick classes based on others' selections, and Facemash, a controversial website that allowed users to compare students’ photos and vote on who was more attractive.

Though Facemash was shut down by the university for privacy violations, it planted the seed for what would become his defining innovation: Facebook.

The Birth of Facebook

In February 2004, Zuckerberg launched “Thefacebook” from his dorm room at Harvard, along with co-founders Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. Initially, the social networking site was limited to Harvard students, but its popularity spread rapidly to other Ivy League campuses and eventually to universities across the U.S. and Canada.

Unlike previous social networks like Friendster or MySpace, Facebook offered a cleaner design, a real-identity model, and a more exclusive, curated feel. It encouraged users to connect based on real-life relationships, rather than anonymous online personas. The power of this model quickly became apparent.

With the site’s rapid growth, Zuckerberg and his team realized they had something far bigger than a campus tool—they had a scalable platform with global potential.

The Decision to Drop Out

By mid-2004, the demand and responsibility of running Facebook began to outweigh the demands of academic life. Zuckerberg made the pivotal decision to drop out of Harvard and relocate to Palo Alto, California, to focus on building the company full-time.

It was a bold move, especially considering the prestige of a Harvard degree. But Zuckerberg believed in the product—and more importantly, in its potential to redefine communication at a global level.

We had this concept—we wanted to help people connect and share,” he would later say. “We just kept moving forward, one step at a time.

Facebook’s Meteoric Rise

In California, Facebook attracted early investors like Peter Thiel, co-founder of PayPal, who injected $500,000 into the startup. The company grew rapidly, opening up to high school students, then to employees at select companies, and finally, in 2006, to anyone over the age of 13 with a valid email address.

The rest, as they say, is history.

By 2012, Facebook had reached 1 billion users. That same year, it held one of the largest tech IPOs in history, raising $16 billion and giving the company a valuation of over $100 billion.

Zuckerberg, who remained CEO, became one of the youngest self-made billionaires in the world. He also became one of the most influential figures in tech, wielding significant control over how information is shared and consumed on a global scale.

Changing the World—For Better or Worse

Mark Zuckerberg’s decision to drop out and build Facebook didn’t just lead to personal success—it ushered in a new era of digital communication and social interaction. Facebook (now part of Meta) has connected billions of people, helped small businesses grow, revolutionized political campaigns, and created entirely new modes of interaction—from livestreaming to marketplace commerce.

However, Zuckerberg’s legacy is not without controversy.

Facebook has come under intense scrutiny for issues related to privacy, data misuse, algorithmic bias, mental health, and the spread of misinformation. The Cambridge Analytica scandal, in which the data of millions of users was improperly accessed for political targeting, was a major turning point. Congressional hearings and global investigations followed, casting Zuckerberg into the public spotlight as both a genius innovator and a polarizing figure.

In response, Zuckerberg has pledged greater transparency and responsibility. In 2021, Facebook was rebranded as Meta, signaling a shift toward building the “metaverse”—a new vision of virtual and augmented reality experiences that could define the next phase of the internet.

The College Dropout Myth and the Reality

Zuckerberg’s story is often romanticized as proof that you don’t need a college degree to change the world. While it’s true that he dropped out of Harvard, it's also important to recognize the unique set of factors that made his success possible: access to elite education and networks, early exposure to computing, strong financial backing, and impeccable timing.

For most people, dropping out of college does not lead to billionaire status. Zuckerberg himself has acknowledged this, stating that while college isn’t for everyone, education and learning are essential.

Ironically, in 2017, Harvard awarded Zuckerberg an honorary degree when he returned to give the commencement address. In his speech, he reflected on purpose, innovation, and social responsibility, urging graduates to build things not just for profit, but for the betterment of humanity.

Legacy and Looking Forward

As of 2025, Mark Zuckerberg continues to lead Meta and push the boundaries of technology. His ambition now lies in building immersive virtual environments that could redefine work, play, and social connection in the coming decades.

Whether or not the “metaverse” becomes the next big thing, Zuckerberg’s impact on the first two decades of the 21st century is undeniable. By dropping out of Harvard to build Facebook, he didn’t just create a successful company—he changed how the world communicates.

And while that change has brought both connection and controversy, Zuckerberg’s story remains a testament to what can happen when vision, timing, and courage intersect.


Conclusion

Mark Zuckerberg’s journey from Harvard dropout to tech mogul is one of the defining stories of the digital age. By choosing to leave the traditional path behind, he embraced the uncertain world of startups—and ended up creating one of the most powerful platforms in history. His legacy is still being written, but one thing is certain: that dorm-room decision changed the world.