This 14-year-old CEO rejected a $30M buyout offer

Taylor Rosenthal is the CEO of RecMed, a company that makes first aid vending machines for use at theme parks or stadiums.

[youngandsuccessful]

I’m 29 and I have many businesses that did well over 10 million each, I have 7 homes, a yacht, and over 80 exotic cars, it’s possible just believe in yourself, people underestimated me because of my skin color and background but Im now retired and enjoying my life in GTA 5

[Linkmon]

$30M is like 3x enough to be set for life. At $10m you can comfortably make $100K a year off returns without trying.. come on kid. You need more than that? 😬

[TheNotoriousKID]

As simple as his "invention" is, he coulda got away with that $30M and be on easy street, now some other company is gonna rethink his idea and profit from it in ways he could have never imagined.. he is going to regret this when he gets older and realizes he shitted on his golden ticket

[SimonSheets]

This kid is like 10 years younger than me and already making me look bad.

[jalenad]

When he's 30, he'll resent his parents for allowing him to turn down $30M.

[xoforeverrr]

January 25, 2019 : still haven’t seen this anywhere

[rajwantkaur]

This 14 year old boy - rejected a 30 million dollar buyout offer
Me at 15 - pushing doors that say pull

[GeneralNachos]

This kid is lying he didnt think of it through baseball. He was playing Borderlands and saw the first aid machine.

[kenmendoza]

April 20, 2018 - Still havent seen any of this. Probably shouldve went for the easy millions.

[tyson]

This the type of kid to remind the teacher that there's homework due

[Thatdude_Nik]

Imagine being so low down in life that you try to scam a 14-year-old who is still learning about business management for 30 million dollars

[harshghuman]

I'm 17 years old and I'm a CEO of an office in

[RealestMFOnTheInternet]

this kid looks like he scrapes his knee and calls 911

[SeaJayBelfast]

I don't get it, it just doesn't add up: 1. Any vending machine can be filled with first aid products (or anything) 2. You can't patent the idea of vending a certain product 3. Virtually ever configuration of a vending machine has already been patented (if his machine is even different) 4. None of it even hints at how someone arrived at a $30m valuation 5. He said 'No, ' which if the offer ever existed, any parent would have instantly claimed on his behalf for the future.

I call bullshit

[Ventrishero]

“It’s hard to balance it out with school and everything”
Bruh if he took that offer he could’ve dropped outta school and never have to work and still be rich for life

[kempiedempie]

in few years when he goes to college he will cry that he didnt accept the offer..

[ektnaim]

Moral of the story: Don’t trust a 14 year old to run a company.

[jrh]

Meanwhile in 2018, 14 year olds are crying over fortnite

[grottosstuff]

May 6th, 2019

Not a single one of these in sight, children with scraped knees die from infections.

[gorbulas]

What is obvious is that he's the poster child and the adults behind the scenes are the ones doing the work, and probably have most of the shares in the company.