25-Year-Old Luminar Founder Set to Become Billionaire Through SPAC Deal
Well, now there's Russell -- 25-year-old Austin Russell, to be exact. This enterprising young man dropped out of Stanford in 2013 to found Luminar, a tech start-up developing light detection and ranging (LIDAR) technology for the self-driving vehicle industry. Like many other automotive tech companies in recent months, Luminar is set to go public through a reverse merger with special purpose acquisition corporation (SPAC) Gores Metropoulos (NASDAQ: GMHI).
