The modern tech CEO: Barefoot and 21



Was waiting for someone to post this.

Moral of the story: young CEOs are getting old and played out.

I can pretty much confirm this having had several friends who had extremely successful businesses at very young ages (14+) and they all fit the exact same mold as this kid: parents got them started, don't really have friends and they do nothing but work 24/7. Not hating, just stating objectively that's what even MY friends are like.


Inb4 u mad old fag because I'm actually still pretty young.
 
I wonder how many of these companies completely crash and burn and piss away all the funding money they get.

We only ever hear about the success stories.

I mean from the outside it looks like the company owns a mobile-app that has 500,000 users, 60 employees and is bragging about the fact that it had 1 million in revenue last year. I sure wouldn't be eager to be giving that company any money.
 
A million in rev doesn't seem like a whole lot plus 60 employees. Some people here do a million in rev with one offer. And they only have one employee.
 
Cut said:
A million in rev doesn't seem like a whole lot plus 60 employees. Some people here do a million in rev with one offer. And they only have one employee.
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That's what I was thinking. 60 employees divided by $1,000,000 is less than $17,000 per employee...and that's revenue, not profit. I'm supposed to be impressed by that??
 
The thing is ... most people like to remain "quiet" with their success. I can think of 20+ affiliates right now that do $1000000+ a month by themselves but you don't see them trying to get their PR dick sucked. The kid in the story is a moron. 60 employees and a million revenue is laughable at best at any age.
 
miketpowell said:
I wonder how many of these companies completely crash and burn and piss away all the funding money they get.

We only ever hear about the success stories.

I mean from the outside it looks like the company owns a mobile-app that has 500,000 users, 60 employees and is bragging about the fact that it had 1 million in revenue last year. I sure wouldn't be eager to be giving that company any money.
Click to expand...

Yeah $16,667 in revenue per employee is nothing to brag about. This article is a joke.
 
The Media eats up young millionaires even if its millions in revenue and not profit, what they REALLY eat up is young female millionaires, because obv being the minority in CEOs. Nothing really new here.
 
Great read, but this really caught my eye:

He works seven days a week. Runs every morning. He doesn't have any friends outside work and sees friendship in a light that he admits can seem "caustic" from the outside. But to him it's just utilitarian.


"It feels very ephemeral," he said of spending casual time with friends. "You go to see a movie with a friend and it's awesome for like two hours, but then it's over with -- that's it. Nothing has been produced from that."
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I think one day he will wake up and realize how lonely he truly is. His feelings on friendship is pretty sad to be honest.
 
What does he pay his employees with monopoly money? I am certainly not working any job for 16k/yr let alone a tech job.

It sounds like this kid has claimed every outsourced job as an employee. Guy makes 1 banner for $15 he is an employee.

Retarded and not news worthy.

Edit.. I see he is running on venture money now, giving him 5mil so for 1 year everyone gets 80k, next year back to 16k.
 
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