How An Aussie Billionaire Went From The Housing Projects To Making Blackmagic Movie Cameras | Forbes

All of 2020 and half of 2021, I was working until 2 a.m. every day because I was writing the code that runs the company,” says Grant Petty, CEO and founder of Blackmagic Design. The 53-year-old billionaire isn’t kidding. He despises outsourcing, so he literally writes all the SQL programs that run internal processes at his 1,500-employee, $576 million (revenue) Melbourne, Australia-based company. He’s also known for starring in hour-long instructional videos for Blackmagic products like the Ursa Mini Pro 12K digital cinema camera. When the pandemic struck, Blackmagic (which manufactures all 209 of its products itself, unheard-of in the hardware business unless your name is Samsung or Sony) needed to share parts among its three factories in Australia, Singapore and Indonesia. Rather than hire someone, or even delegate the task internally, Petty rewrote the workflow software connecting inventory databases. If clubbiness, opaque accounting and exorbitant costs epitomize companies in Hollywood’s ecosystem, then Petty and his defiant, do-it-yourself approach make Blackmagic Design a tear-down-the-walls revolutionary. His 21-year-old business is best known for making low-cost professional cinema cameras, electronic switchers and other specialized gear used in television and film production. It also makes free software known as DaVinci Resolve, used for color grading, special effects and to edit video and audio. Blackmagic’s products are behind some big-budget, Oscar-nominated flicks such as Don’t Look Up and Spider-Man: No Way Home, but its primary customers are YouTubers and budget-conscious independent filmmakers. Over the past couple years, that market exploded as lockdowns caused a surge in demand for professional-quality home equipment.

Web 3.0 and the myth of a blockchain revolution

Rufus demystifies Web3.0 and the myth of the blockchain revolution by analysing problems with the tech, human psychology, and conflicting incentives.

Rufus Loveridge is a 29-year-old MBA 2023 student at London Business School. British citizen born in London, he read Russian at the University of Bristol and lived in St. Petersburg and Moscow in 2012/13. Prior to LBS, he worked in M&A for Lazard in London, covering consumer goods and industrial companies. He is also a partner in a family-owned property, education and investment company. His interests lie within entrepreneurship, EdTech, VC investing.

New 2022 graphene battery launch: 8-minute charge time. 350-mile range!

Graphene nanotechnology is set to be one of the most exciting and ground breaking technologies of the 21st century. Nanotechnology has already revolutionised medicine, construction and industry. And now graphene is about to become a reality in electric vehicle batteries, increasing energy density by 40% or more, and reducing charge times to just a few minutes. Is this the push we’ve been waiting for to move EVs into the mainstream?

Solid Hydrogen Explained (Again) – Is it the Future of Energy Storage?

Near the end of last year I published a video on solid hydrogen storage and it got a lot of questions, critiques, and push back from some of you. In some cases, rightfully so, and in other cases, not so much. Based on the more constructive critiques, the video focused too much on one company, Plasma Kinetics and their claims. It didn’t give enough context around metal hydrides in general. In trying to simplify a pretty complex topic, I oversimplified some things, which created problems. So is solid hydrogen storage actually a thing? Is solid hydrogen currently being used? And what about Plasma Kinetics? Let’s take another crack at solid hydrogen energy storage and try to address some of the shortcomings of my last video.