The modern tech CEO: Barefoot and 21

LOL seriously, you think that's impressive? If you've got a 1-3 decent sized campaigns you can do twice that revenue in a year. You don't need any funding, don't need any employees.

Maybe if this was digitalpoint, it would be impressive, but not on wickedfire :P
 


You speak as if everyone on wickedfire makes that type of revenue. When in reality I would say not even half of wickefire break X,XXX a month. Some wickedfire members aren't even in the affiliate marketing industry.

Its impressive for a 21 year old. However it isn't that great of a company. You've gotta give him credit. Raising capital and running a real company isn't easy. It isn't some one man operation started in your mothers basement.
 
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You gotta be impressed by his work ethic but hearing a human say friendship is useless is just sad.

On the other hand saying his company ain't worth shit is just down right ignorant (you guys all mad). Lot's of companies like facebook didn't turn a profit until they were established. Just because he isn't slingin 2 step berry scams on 500% ROI right now doesn't mean he won't be ballin more than you in the long term.

I agree a lot of start ups just get money thrown at them from rich asses who barely understand the innanets but he's actually got a very impressive idea. The true challenge for all start ups is to successfully monetize their business (which the majority of hype-bombs such as twitter just can't do). So we just have to wait and see if his shit is going to work.
 
Moral of the story: Sometimes journalists write about things they wish they could be, but really, have little to zero clue about wtf they are even talking about in the first place. Journalists aren't experts.
 
mad scientist said:
You speak as if everyone on wickedfire makes that type of revenue. When in reality I would say not even half of wickefire break X,XXX a month. Some wickedfire members aren't even in the affiliate marketing industry.

Its impressive for a 21 year old. However it isn't that great of a company. You've gotta give him credit. Raising capital and running a real company isn't easy. It isn't some one man operation started in your mothers basement.
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The point everyone is making is that $16,667 per employee is not impressive for a 21 year old, a 14 year old, or a 40 year old... it's actually very, very embarrassing and if I invested in that shitdump I would be furious.

Take for example cyberplex (cx digital) whom in 2009 did $111,000,000.00 revenue. They have 110 employees (last i checked a few months ago). $111000000/110 = #justsayin.
 
While I think the company founded by the subject of the article, SCVNGR, is a pretty stupid concept that will eventually flame out, harping on revenue per employee in the first year of a venture back company is beside the point. Anybody looking for a immediate ROI would have bootstrapped and ignored VC cash from the start, VC money let's you build out the concept and scale (maybe even locking up the market in the process) and worry about profitability later. What would Facebook's revenue per employee be during their first three years of operation, in hindsight is there anybody that wouldn't give their left nut to be an early stage investor in them now? The idiocy of the individual business concept has little relation to the venture capital business model.
 
^ I think the main point is (again) it's hardly impressive to even be considered news. Like I said in an above posting, there are many affiliates doing what he does in a year in 1-2 months ... in their "first year" of being an affiliate.
 
TFLNetwork said:
^ I think the main point is (again) it's hardly impressive to even be considered news. Like I said in an above posting, there are many affiliates doing what he does in a year in 1-2 months ... in their "first year" of being an affiliate.
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As you point out, generating revenue aint that special, convincing google to cut you a 4 million dollar check by your 21st birthday however is. I'm more impressed by the guy that can make one pitch for 4 mil and close it than I am by the guy that has to pitch 100,000 morons into taking something positioned as free and still only convert at 10%.
 
justo_tx said:
What would Facebook's revenue per employee be during their first three years of operation, in hindsight is there anybody that wouldn't give their left nut to be an early stage investor in them now?
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Me. I'll keep my balls over $25 Billion thanks.

Getting $4mill from google ventures ain't a bad deal but this kid needs to learn some balance in his life. He feels uneasy when he's not working and thats just fucked up! poor kid needs a dam friend. He got problems
 
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