Dan Borislow
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Daniel M. Borislow is an American entrepreneur,[1] inventor,[citation needed] and thoroughbred horse breeder.[2]
Borislow was born in Philadelphia, Pennsylvania on September 21, 1961 to Dr. Bernard Borislow and Roberta Ritchie. He is the third of four children, with three brothers, David, Michael, and Andrew.
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[edit] Biography
From May 1989 through January 1999, Borislow was the CEO and Director of Tel-Save Holdings [3] (now owned by Cavalier Telephone). Tel-Save resold access to AT+T lines. Borislow took the company public in 1995 and built his own long distance network by deploying five Lucent 5E switches in the United States.[4] In 1997, Tel-Save negotiated exclusive marketing rights with America Online to sell long-distance service to AOL users[5][1]. At its peak Tel-Save (later Talk America) had over four million customers, was signing new customers at the rate of 100,000 per month, and had a market capitalization of nearly $2 Billion[1]. But the company's fortunes turned, and Borislow departed following an annual loss of over $200M in 1998.[1] In 2005, Talk America was acquired by privately-held Cavalier Telephone & TV for $251 million. Prior to founding Tel-Save, Borislow was "a former cable TV installer"[1] in Philadelphia.
Following the sale of his company stock in 1999, he moved to Palm Beach, Florida and focused his attention on thoroughbred horse breeding and ownership. He has had many successful race horses, including entrants in the Kentucky Derby, Breeder's Cup, and Queen's Plate[2].
A Bachelor of Sciences graduate of Widener University, he also has an honorary doctorate in Information Technology and serves on the university’s Board Of Trustees.[6]
Borislow lives in Palm Beach, Florida and Brigantine, New Jersey with his wife and two children.
[edit] magicJack
Borislow is the inventor of "magicJack",[citation needed] a consumer telecommunications device. In January 2008, PC Magazine reviewed magicJack and named it as an Editors' Choice.[7]. In April, 2008, BoingBoing published a highly critical review of the device[8]. In May, 2008, Telephony published an interview and update on the company. [9]
[edit] External links
[edit] References
- ^ a b c d e Munk, Nina (2004). Fools Rush In: Steve Case, Jerry Levin, and the Unmaking of AOL Time Warner. HarperCollins. ISBN 0060540354.
- ^ a b National Thoroughbred Racing Association.
- ^ EdgarOnline, Certificate of Incorporation of Tel-Save Holdings, Inc.
- ^ 1999 SEC Filing for Tel-Save (sec.edgar-online.com)
- ^ Mills, Mike, "AOL Deal Would Empower Long-Distance Firm Tel-Save", Washington Post, June 19, 1998, p. F3.
- ^ Widener Univerity Board of Trustees list
- ^ YMax magicJack. Jan, 2008. PC Magazine
- ^ MagicJack net-phone: swollen pustule of crappy terms of service and spyware. Cory Doctorow, BoingBoing.
- ^ MagicJack attacks