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Hate Losing Your Stuff? You'll Love Tile. A tracker for missing items finds big bucks

By Michelle Goodman

Opinions expressed by Entrepreneur contributors are their own.

Tile

Like most people, Nick Evans and Mike Farley hated to lose things. So the engineers applied their professional knowledge to their personal problem. What if they could use mobile technology to ensure they never misplaced their keys, wallet or phone again?

The two friends started developing Tile—a lost-item finder and mobile app—in late 2012, leaving their full-time software jobs to do so. "Mike and I wanted to take a simple, universal problem and put together a simple, elegant solution for it," says Evans, who serves as Tile's CEO.

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