Dan Borislow

Dan Borislow

Dan Borislow was born on September 21st, 1961

Nationality: American
Profession: Businessman
Occupation: Inventor
Birthplace: Not Available
Date of Birth: Not Available
Notable Invention: MagicJack
Company: YMAX Corp
Known For: Telecommunications

Inventor of the first Wi-Fi phone and founder of magicJack, a VoIP company that revolutionized home phone services. He also owned a professional women's soccer team.

Written by: Carlos Hernandez Carlos Hernandez

Dan Borislow: The Visionary Entrepreneur and Innovator

Dan Borislow, a renowned American entrepreneur, sports team owner, inventor, and thoroughbred horse breeder, left an indelible mark on various industries through his innovative ventures and pioneering spirit. Best known for founding TelSave, Inc. and inventing the magicJack, Borislow's entrepreneurial acumen and passion for innovation have inspired generations of business leaders and inventors.

Early Life and Education

Born on September 21, 1961, in Philadelphia, Pennsylvania, Borislow grew up with an innate curiosity and entrepreneurial drive. He attended Widener University, where he honed his business skills and laid the foundation for his future success.

TelSave, Inc. and the Rise to Prominence

In 1989, Borislow founded TelSave, Inc., a company that resold access to AT&T long distance lines. His vision and leadership propelled the company's growth, and in 1995, TelSave went public with an initial public offering of three million shares. Two years later, Borislow brokered a $100 million deal with AOL, solidifying TelSave's position as a major player in the telecommunications industry. By 1998, TelSave's sales reached $300 million, with a valuation of $2 billion by Wall Street investors.

The magicJack and VoIP Revolution

After selling his TelSave stock for approximately $300 million in 1999, Borislow embarked on a brief retirement, during which he focused on his horse racing career. However, his entrepreneurial spirit soon led him to conceive the magicJack, a small device that enabled unlimited calling from regular telephones when plugged into a computer's USB port. In 2007, Borislow launched the magicJack, which disrupted the traditional phone industry and paved the way for Voice over Internet Protocol (VoIP) technology.

Sports and Philanthropy

In 2011, Borislow purchased a controlling share of the Washington Freedom women's professional soccer team. Although his tenure was marked by controversy and lawsuits, Borislow's passion for sports and his commitment to giving back to the community were evident throughout his life.

Personal Life and Legacy

Borislow resided in Palm Beach County, Florida, with his family. Tragically, he passed away on July 21, 2014, due to an apparent heart attack. Despite his untimely passing, Borislow's legacy lives on through his innovative ventures, his contributions to the world of sports, and the countless lives he touched through his philanthropic endeavors.

Milestones and Achievements

Quotes and Memorable Sayings

"I believe in taking calculated risks and pushing the boundaries of what's possible." - Dan Borislow

Borislow's inspiring story, marked by his relentless pursuit of innovation and his commitment to making a positive impact, continues to inspire entrepreneurs, inventors, and philanthropists around the world.

Timeline
1961
Born in the USA
Dan Borislow was born on September 21, 1961, in the United States. He would go on to become a successful businessman and inventor.
1985
Founded Tel-Save
Borislow founded Tel-Save, a long-distance telephone company, in 1985, which would become a huge success.
1994
Sold Tel-Save
In 1994, Borislow sold Tel-Save to MCI Communications for $1.1 billion, making him a wealthy entrepreneur.
2001
Invented MagicJack
Borislow invented the MagicJack, a popular voice-over-internet protocol (VoIP) device, in 2001.
2014
Passed Away
Dan Borislow passed away on July 14, 2014, leaving behind a legacy as a successful entrepreneur and inventor.
Dan Borislow

Dan Borislow Quiz

What was Dan Borislow's significant contribution to the field of telecommunications?

Score: 0/5
FAQ
What was Dan Borislows business career like?
Dan Borislow was a successful entrepreneur and inventor who founded several companies, including Teligent and MagicJack. He was known for his innovative ideas and his ability to bring new products to market.
What is Dan Borislows most famous invention?
Dan Borislows most famous invention is probably the MagicJack, a device that allows users to make phone calls over the internet. The device was a huge success and helped to establish Borislow as a pioneer in the field of voice-over-internet protocol (VoIP) technology.
What awards has Dan Borislow won?
Dan Borislow has won several awards for his innovations, including the Ernst & Young Entrepreneur of the Year award and the Frost & Sullivan Award for Product Innovation.
What was Dan Borislows personality like?
Dan Borislow was known for his outgoing personality and his ability to think outside the box. He was a charismatic leader who inspired loyalty and admiration from his employees and colleagues.
What is Dan Borislows legacy?
Dan Borislows legacy is that of a true innovator and entrepreneur who changed the way people communicate. His inventions and companies have had a lasting impact on the technology industry and beyond.

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