15-Year Old Becomes Millionaire From Bitcoin, Launches Startup
Abhinav Sethi | | Jun 16, 2014 03:51 AM EDT |
Eric Finman received $1,000 from her grandmother in 2012, which he decided to invest in the online currency Bitcoin. Eighteen months later, he sold his investment for a whopping $1,000,000, and used the money for launching Botangle.com, an online tutoring service based on video chat.
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With more than 100 active users and a total staff of 20 people, Finman's business is flourishing with each passing day. Though the clientele of Botangle.com is limited, Finman created a buzz after participating in Reddit Q&A, in which he offered tips and advice for startups and answering questions pertaining to his success with Bitcoin.
"Some people can't comprehend how a 15-year-old could do something like this," Finman said in a statement. "What a lot of people don't understand, young or old, is that you can create anything you want with no barrier to entry on the Internet," he explained.
Launched in May this year, Botangle allows its users to video chat with experts from spheres like dance, art, computer science, etc. and get lessons of their choice. Also, since the lessons are given on a one-on-one basis, the users can plan their schedules based on what is convenient for them.
Although Finman is young, he had technology and internet in his mind for a long time. When he was a mere 9-year old kid, he started giving lessons on robotics to the kids in his neighborhood.
Presently, FInman is also taking lessons on computer programming to complement the classes he is taking from North Idaho, a local community college.
TagsBitcoins, startup, Eric Finman
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