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Dec 07, 2016 12:58 PM EST

Tesla’s Elon Musk: The Most Admired Leader in Tech for 2016

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Fortune reports the results of this year's State of Startups survey conducted by First Round Capital. The poll participated in by 700 startups and tech companies from around the world named the CEO and co-founder of Tesla Motors, Elon Musk as they person they admire the most.

Elon Musk who topped the tally of 125 names got 23% of the votes is followed by Amazon's Jeff Bezos who came in as a distant runner up with 10%. Third on the roll is Facebook's Mark Zuckerberg with 6% and Apple's late Steve Jobs came in at fourth with 5%.

First Round Capital is a venture capital based in New York and has stakes in Uber, TaskRabbit and BlueApron. The State of Startups survey covered a multitude of things startups are concerned about like investors and funders as well as growth opportunities.

This is the second year for both the survey and Elon Musk being chosen as the most admired tech leader. While the respondents were not asked to reveal reasons behind their choice, it is assumed that his visionary ideas and dedication and leadership to bring these ideas to fruition that inspires people in general, not just entrepreneurs, that makes him most admirable.

Musk is always in the front and directly involved with the ambitious projects of his companies. His ideas have always been revolutionary. Musk founded X.com which later on merged with PayPal. He then started another company called Zip2.

At present, Musk is co-chairman of OpenAI, founder and CEO of SpaceX; co-founder, CEO of Tesla Motors and co-founder and chairman of SolarCity, which Tesla recently acquired.

Elon Musk's ambitious projects also saw remarkable progress this year: SpaceX rolled out a plan to colonize Mars; Tesla successfully announced a new model; SolarCity is building solar power grids in some areas and despite challenges in Musk's Hyperloop concept, Hyperloop one is slowly making progress.

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