Featured
This 14-year-old turned down a $30M offer for start-up
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
-
Latest5 days agoLagos NURTW organising secretary Toba Ajiboye dies after gunmen attack
-
Business1 week agoNCC chief highlights trust as key to Nigeria’s digital transformation
-
Aviation6 days agoNCAA, NAMA disagree over proposed revenue sharing formula
-
Business6 days agoNCC unveils cost-sharing framework to boost broadband rollout, end repeated road excavations
-
Maritime6 days agoLicensed port agents back FG’s Green Tax on imported vehicles
-
Business3 days agoCBN targets $12bn annual Diaspora inflows to boost FX liquidity
-
Politics6 days agoAjeromi: NDC vows even distribution of prosperity amongst Nigerians
-
Latest1 week agoStructural cracks: LASBCA pulls down six-flat building in Abesan Estate (Video)