This 14-year-old turned down a $30M offer for start-up

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    Taylor Rosenthal can’t even legally drive but has already turned down a $30 million offer to buy his start-up RecMed, CNN Money reported on Tuesday.

    The 14-year-old exhibited his start-up, a vending machine that serves first-aid kits rather than snacks, at TechCrunch Disrupt NY this week.

     “They told me that I was the youngest person to ever get accepted to the event,” said Rosenthal in an interview with CNN Money. “It felt awesome.”

    Rosenthal’s idea started as a class project after he noticed a lack of first-aid supplies available for purchase at baseball tournaments.

    To date, the start-up has raised $100,000. Rosenthal plans to start distributing the machines in the fall.

     

    Source: CNBC

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