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How a Robbery Led to a Business Idea Enjoy the beach or pool without getting burned by theft.

By Paula Andruss

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Photos Courtesy of AquaVault
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Entrepreneurs: Jonathan Kinas, Avin Samtani and Rob Peck had their valuables stolen from lounge chairs at a South Beach, Miami, resort in 2011. The friends came up with an idea that would turn their misfortune into opportunity.

"Aha" moment: "We tucked our things into our sneakers and went for a swim, and when we came back, everything was gone," Kinas recalls. "When we realized several other people at our resort had the same problem, we said, "We need to invent something to prevent this.'"

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