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Rajat Suri
Rajat Suri is a Canadian-American entrepreneur. He is the co-founder and CEO of Presto. Education In 2007, Suri received a bachelor's in chemical engineering and economics from the University of Waterloo. He was a Ph.D./M.B.A. candidate at Massachusetts Institute of Technology (MIT) until he dropped out to pursue a career as an entrepreneur. Career Zimride / Lyft Suri was a co-founder of Zimride, which later became Lyft and grew to be the second-largest ridesharing company in the United States. Presto In 2008, while trying to split a bill with his friends, Suri was inspired to create a product that allowed restaurant customers to order and pay through a tablet. In October 2008, he founded Presto, then known by its legal name E la Carte in Massachusetts. The company is a major player in the customer-facing technology market for full-service and quick-service restaurants. Presto Technologies, Inc. On November 10, 2021, Suri announced that Presto entered into a definit ...
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Presto (restaurant Technology Platform)
Presto is a technology platform for the restaurant industry developed by Redwood City–based E la Carte. The company targets the customer-facing technology market for full-service and quick-service restaurants. Their products consist of computer vision, speech recognition, AI, tabletop tablets, and server tablets. As of October 2019, customers include Applebee's, Chili's, Outback Steakhouse, Denny's, Checkers, and Red Lobster. History Presto, then known by its legal name E la Carte, was founded by Rajat Suri in October 2008 in Massachusetts. Suri was a graduate student at MIT when he created the first E la Carte product, a tablet that allows restaurant customers to order and pay through a tablet. He left his graduate program to become a waiter in order to learn more about the restaurant industry. Previously, Suri was a cofounder of Zimride, now known as Lyft. E la Carte was accepted into Silicon Valley–based seed accelerator Y Combinator in 2010. The same year, Suri move ...
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Thornlea Secondary School
Thornlea Secondary School is a public high school, in the Regional Municipality of York, that opened in 1968 and is located in Markham, Ontario, Canada, in the Thornhill neighbourhood, on the northeast corner of Bayview Avenue and Willowbrook Road, just south of Highway 407. The school began in 1968 as an educational experiment. The curriculum was varied and specialized, following a trimester system, and students were encouraged to address their teachers by their first names and focus on independent learning. Around 1980 this model gave way to a more traditional academic environment. Academic life Alongside traditional disciplinary staples such as English, mathematics, science (chemistry, physics, and biology), physical education, and social science (divided evenly between history and geography), Thornlea also offers courses in the fine arts, music (vocal, choral, orchestral, wind ensemble and jazz), drama, Introduction to business studies (General, marketing, and accounting), ...
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University Of Waterloo
The University of Waterloo (UWaterloo, UW, or Waterloo) is a Public university, public research university located in Waterloo, Ontario, Canada. The main campus is on of land adjacent to uptown Waterloo and Waterloo Park. The university also operates three satellite campuses and four affiliated school, affiliated university colleges. The university offers academic programs administered by six faculties and thirteen faculty-based schools. Waterloo operates the largest post-secondary co-operative education program in the world, with over 20,000 undergraduate students enrolled in the university's co-op program. Waterloo is a member of the U15 Group of Canadian Research Universities, U15, a group of research-intensive universities in Canada. The institution originates from the Waterloo College Associate Faculties, established on 4 April 1956; a semi-autonomous entity of Wilfrid Laurier University, Waterloo College, which was an Affiliated college, affiliate of the University of West ...
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Massachusetts Institute Of Technology
The Massachusetts Institute of Technology (MIT) is a Private university, private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of modern technology and science. In response to the increasing Technological and industrial history of the United States, industrialization of the United States, William Barton Rogers organized a school in Boston to create "useful knowledge." Initially funded by a land-grant universities, federal land grant, the institute adopted a Polytechnic, polytechnic model that stressed laboratory instruction in applied science and engineering. MIT moved from Boston to Cambridge in 1916 and grew rapidly through collaboration with private industry, military branches, and new federal basic research agencies, the formation of which was influenced by MIT faculty like Vannevar Bush. In the late twentieth century, MIT became a leading center for research in compu ...
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Bachelor's Degree
A bachelor's degree (from Medieval Latin ''baccalaureus'') or baccalaureate (from Modern Latin ''baccalaureatus'') is an undergraduate degree awarded by colleges and universities upon completion of a course of study lasting three to six years (depending on the institution and academic discipline). The two most common bachelor's degrees are the Bachelor of Arts (BA) and the Bachelor of Science (BS or BSc). In some institutions and educational systems, certain bachelor's degrees can only be taken as graduate or postgraduate educations after a first degree has been completed, although more commonly the successful completion of a bachelor's degree is a prerequisite for further courses such as a master's or a doctorate. In countries with qualifications frameworks, bachelor's degrees are normally one of the major levels in the framework (sometimes two levels where non-honours and honours bachelor's degrees are considered separately). However, some qualifications titled bachelor's ...
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The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ...
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Zimride
Zimride by Enterprise Holdings was an American carpool program that matched inter-city drivers and passengers through social networking services. It was offered to universities and businesses as a matchmaking service.Car Sharing and Pooling: Reducing Car Over-Population and Collaborative Consumption
. ''Stanford University''. April 9, 2012.
Sullivan, Colin

''New York Times''. July 29, 2009.
Raymond, Rose

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Lyft
Lyft, Inc. is an American company offering ride-hailing services, motorized scooters, and bicycle-sharing systems in the United States and Canada. Lyft sets fares, which vary using a dynamic pricing model based on local supply and demand at the time of the booking and are quoted to the customer in advance, and receives a commission from each booking. Lyft is the second-largest ridesharing company in the United States after Uber. History Lyft was launched in the summer of 2012 by computer programmers Logan Green and John Zimmer as a service of Zimride, a long-distance intercity carpooling company focused on college transport that they founded in 2007 after Green shared rides from the University of California, Santa Barbara campus to visit his girlfriend in Los Angeles and was seeking an easier way to share rides. In May 2013, the company changed its name from Zimride to Lyft. In July 2013, Lyft sold the original Zimride service to Enterprise Holdings, the parent com ...
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Ridesharing Company
A ridesharing company (or ridehailing service) is a company (or service offered by a company) that, via websites and mobile apps, matches passengers with drivers of vehicles for hire that, unlike taxis, cannot legally be hailed from the street. The vehicles used in ridesharing/ridehailing service are called app-taxis or e-taxis. Ridesharing companies were founded beginning in the 2010s, after the proliferation of the Internet and mobile apps. In the 2020s, a few companies began offering rides in Robotaxi, self-driving taxis. The legality of ridesharing companies by jurisdiction varies; in some areas they are considered to be illegal taxi operations, while in other areas, they are subject to regulations that can include requirements for driver background checks, fares, caps on the number of drivers in an area, insurance, licensing, and minimum wage. Studies have shown that ridesharing companies have created net jobs and improved the efficiency of drivers of vehicles for hire du ...
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Massachusetts
Massachusetts ( ; ), officially the Commonwealth of Massachusetts, is a U.S. state, state in the New England region of the Northeastern United States. It borders the Atlantic Ocean and the Gulf of Maine to its east, Connecticut and Rhode Island to its south, New Hampshire and Vermont to its north, and New York (state), New York to its west. Massachusetts is the List of U.S. states and territories by area, sixth-smallest state by land area. With a 2024 U.S. Census Bureau-estimated population of 7,136,171, its highest estimated count ever, Massachusetts is the most populous state in New England, the List of U.S. states and territories by population, 16th-most-populous in the United States, and the List of states and territories of the United States by population density, third-most densely populated U.S. state, after New Jersey and Rhode Island. Massachusetts was a site of early British colonization of the Americas, English colonization. The Plymouth Colony was founded in 16 ...
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Special-purpose Acquisition Company
A special-purpose acquisition company (SPAC; ), also known as a blank check company or a blind-pool stock offering, is a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus taking the private company public through a procedure which requires less regulatory filings and has less safeguards for investors than the initial public offering (IPO) process. According to the U.S. Securities and Exchange Commission (SEC), SPACs are created specifically to pool funds to finance a future merger or acquisition opportunity within a set timeframe; these opportunities usually have yet to be identified while raising funds. In the U.S., SPACs are registered with the SEC and considered publicly traded companies. The general public may buy their shares on stock exchanges before any merger or acquisition takes place. For this reason they have at times been referred to as the "poor man's private equity funds." The majority of companies ...
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Nasdaq
The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc. (which the exchange also lists; ticker symbol NDAQ), which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. Although it trades stock of healthcare, financial, media, entertainment, retail, hospitality, and food businesses, it focuses more on technology stocks. The exchange is made up of both American and foreign firms, with China and Israel being the largest foreign sources. History 1972–2000 Nasdaq, Inc. was founded in 1971 by the National Association of Securities Dealers (NASD), which is now known as the Financial Industry Regulatory A ...
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