April 25, 2025
Before Anatoly Yakovenko became the founder of Solana — one of the fastest and most innovative blockchain platforms on the planet — he watched his first startup collapse.
You may wonder why Anatoly Yakovenko didn’t succeed. It wasn’t because he lacked vision. It wasn’t because he didn’t work hard enough. It was simply because the world wasn’t ready yet.
In the early 2000s, while still a student at the University of Illinois, Anatoly launched Alescere — a VoIP startup riding the early wave of internet innovation.
At the time, VoIP (Voice over Internet Protocol) was cutting-edge. The potential was massive. Alescere had promise.
But then the Dot-com bubble burst — and Alescere with it. Three years of building. Gone. To most, that looked like failure. To Anatoly, it was a lesson.
Anatoly didn’t quit. He doubled down. He joined Qualcomm, working on 3D cameras, AR/VR, and mobile operating systems. Later, he moved on to Mesosphere and Dropbox, gaining critical experience in large-scale infrastructure and distributed systems.
Every role sharpened his skills. Every failure added perspective. He was quietly preparing for something bigger.
With a toolbox full of experience — and the hard-earned wisdom from his early failure — Anatoly turned his attention to blockchain.
His vision: a high-performance, scalable, developer-friendly platform. That vision became Solana.
Today, Solana is one of the most active ecosystems in Web3, used by builders and innovators around the globe.
Anatoly didn’t succeed despite failure. He succeeded because of it.
That early startup — the one that never made it — gave him the foundation, the resilience, and the clarity to build something that truly mattered.
If you’re building something and it’s not working yet — don’t stop. Every step counts.
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