By building a great startup and managing to sell it for a cool €3.2 million. Along with their partners, Kulveer and Harjet started an online service Auctomatic that describes its mission as empowering online sellers through various features. The tools proffered by Auctomatic asssit a user in maximizing their potential in online selling sites like eBay, Amazon, Overstock etc.
Auctions, Inventory Management, Pictures are some of the broad classifications. These further drill down to more features. For instance users (mostly power sellers) can link up their eBay ids etc to the service and from then use the Auctomatic services to manage their online wares.
Its a classic geek fantasy come true. While still in their teens, the founders have managed to strike the gold pot.
BT Young Scientist winner Patrick deferred college at MIT to start a company with his brother who was still in school. Soon they merged their company with another UK startup of cousins Harjeet and Kulveer. The new combined company was subsequently funded by an investment from Y Combinator as well as early Google employees.
Silicon valley startups by teenagers is nothing new but now even the UK-Irish based startups by teenagers have opened the floodgates.
Once the deal fell in place, the teenagers were asked by the Y Combinator team to “Go Buy Your Porches”.
Read more from CNET.
March 27th, 2008 at 4:39 am
Teenagers? Kul is 25, Harj 22 I believe.
March 27th, 2008 at 6:25 am
Mehra,
You may be right. However certainly teens were involved in this startup -
http://www.ireland.com/newspaper/frontpage/2008/0327/1206144779850.html
-Tarun