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14 year old Boy turns down $44million

May 18, 2016

Taylor Rosenthal is a budding Bill Gates. The 14-year-old’s start-up company is so hot, he’s already turned down a $44 million takeover offer.

The high-school student from Alabama is the creator of RecMed, a vending machine that dispenses first aid products.

The company, which he launched in 2014, started as a year eight project when the straight-A student was taking part in a Young Entrepreneurs Academy class.

“We had to come up with a business idea,” he said.

“Every time I’d travel for a baseball tournament in Alabama, I’d notice that kids would get hurt and parents couldn’t find a band-aid. I wanted to solve that.”

The idea evolved into a vending machine.

Customers can either purchase pre-packaged first-aid kits for between $US5.99 (NZ$8.70) and $US15.95 (NZ$24.80), or individual supplies like bandaids, rubber gloves and hydrocortisone wipes, ranging from $US6 (NZ$8.70) to $US20 (NZ$29).

Chief Editor

About Chief Editor

My name is Shem Banbury. I am the owner and Chief Editor of Kiwi Kids News. By day I am a school teacher and by night a wannabe triathlete.


Comments are closed.

1
awesomebuilderiz

Wait, WHAT?! Take the money to advance the company! Go figure dude, go figure!

2

good on him #smart kid

3

Good on you boy. Turning down 44 Million Dollars is an incredibly hard thing to do. But you obviously love your business and you don't see that very often in a person. Money is everything now days and people are greedy. Great to see someone so young coming up with incredibly helpful ideas.

5

good on him turning down the money tis his business and he is doing a great job

6

Guys, he turned it down because it was an offer to steal his company's idea. Basically someone was wanting to buy the kid's vending machines and own it for 44 million dollars.

7

hes not crazy he made that conmpany himself and he wanted to run it himself so good on him for wanting to help people

8

i will take the money and run.

9

what the heck

10

That's more money than one person could use in a life-time.

But I guess theres a reason they wanted to buy that vending machine so I have no idea whatsoever if that was a good idea

Good Job for making good thing :p

11

Why did he turn it down but I see why because it might get stolen and he probably doesn't want to be a millionaire

12

i would do the same.money doesn't solve every thing.

LIVE LIFE AND BE HAPPY

13

he did it so he got more money$$$$$$$$$$$$

14
Xavier From auckland

This kid is amazing he turned something from ordinary to extraordinary and from simple as band aids well done!. Quote: Happiness cant be bought with Money

15

He is the next donald trump. He has money, weird hair and a businessman.

16

I think that's insane y'all turning down 44 million I would love to have that much money. Wait I do lol πŸ˜›

17

who knows were the money could have come from good job

18

I would have turned down the money to if i were him because happiness is not money.

19

Pretty odd to have a 14 year old boy be offered a job.

20

that's cool though

21

what is this guy doing turning down 44 million dollars. that's insane.

22

LOL I would do the same, turn down $44million and get to have your own company. SCORE

23

Omg that kid turned in 44million dollars!😢Does this kid know what he's doing!

24

Omg that kid turned in 44million dollars! He's crazy!😢

25

That is amazing that he thought off and that he took down 44 million dollars :0

26
AmazingMan6810

I can't believe that he got so much from that!

27

so, he turned down 44million dollars just so he could have his own company. Does this kid really think hes gonna make 44million dollars on his invention? Seriously, this kid is crazy

28
killerwhale6971

Cool!

29

It's obvious why he did that

30

Wow I wish I was like that

Boy but better

πŸ€“πŸ€‘πŸ˜‡πŸ˜œ

33

WOW he turned down 44 million Oh WOW!!!!

Good idea though

35

I can't believe he turned $44million down!!!! Sooo insane

36

That's amazing!!! And super smart!

37

Yes! now no one will get hurt and there won't be anymore looking for bandaids no more.

38

but good for him because he can do a bisness and i cant!!! it no fair!!! but enjoy your company, 14 year old boy who strangely turns down 44million bucks most probably out of kindness, and good luck!!!!!!!!!!!!!

39

what? thats crazy!!! is this true? I dont know if kiwi kids news is telling the truth!!!

40

the 14 year old should of taken the money becuase he could be rich

41

Why did he turn it down.πŸ‘Ώ

42

thats a good idea

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