"All of our free time went into this thing," Lloyd says. "It was completely different from being a freshman who had a million hours on his hands. Every hour that I had that I might have otherwise been playing Zelda 64, it was some other feature I was finishing."
The program turned out to be much more successful than they had imagined, and they expanded their efforts.
They adopted the name Transformis LLC to build legitimacy for their product, which they named Stylus. The "company's" headquarters was the students' dorm rooms; its employees consisted of the three of them and a few summer interns.
But they were still shocked when an existing company, eXcelon, offered to buy Stylus and hire them full time.
"[They] called us up and said, 'Hey, we saw your Web site," Lloyd recalls. "The CEO said, 'So, have you considered acquisition? We tried to keep as much of a poker face as possible."
As soon as the three friends sold Transformis, they went to work for eXcelon full-time, taking extended leave from the world of Harvard.
"We have golden handcuffs to work there," Lloyd says.
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