Taylor Rosenthal is not even big enough to drive a car but has already rejected an offer of $ 30 million dollars for the purchase of his startup company RecMed. Rosenthal is ready for the big game. This week the 14-year-old teenager presented his startup idea – vending machine for first aid at the TechCrunch Disrupt conference in Brooklyn, New York.
Since the birth of his idea, which he developed with the help of his parents, who both work in the medical profession, Rosenthal has been hurtling toward success. By the end of 2015, he’d developed a working prototype and was granted a patent. His company, RecMed, was also accepted into an incubation program at The Round House Startup Space in Opelika.
To date, Rosenthal has earned a total of $100,000 in investments, CNN Money reported. He’s also turned down a $30 million offer from a “large national healthcare company†for his vending machine idea, though he couldn’t discuss the deal due to a nondisclosure agreement.
RecMed vending machines stock both prepackaged first-aid kits (which cost between $5.99 and $15.95) for ailments like sunburns, blisters, bee stings and cuts, and individual supplies like Band-Aids, rubber gloves, and gauze pads, ranging in price from $6 to $20.
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Quote:I make computerized and robotic vending machines that allows parents and adults to get quick and easy access to first aid supplies when and where they’ll need them. Whenever we travel tournament baseball in Alabama, noticed that one child was injured, and the parents can not find bandages and patches. I wanted to solve this problem.
Since the birth of his idea, which he developed with the help of his parents, who both work in the medical profession, Rosenthal has been hurtling toward success. By the end of 2015, he’d developed a working prototype and was granted a patent. His company, RecMed, was also accepted into an incubation program at The Round House Startup Space in Opelika.
To date, Rosenthal has earned a total of $100,000 in investments, CNN Money reported. He’s also turned down a $30 million offer from a “large national healthcare company†for his vending machine idea, though he couldn’t discuss the deal due to a nondisclosure agreement.
RecMed vending machines stock both prepackaged first-aid kits (which cost between $5.99 and $15.95) for ailments like sunburns, blisters, bee stings and cuts, and individual supplies like Band-Aids, rubber gloves, and gauze pads, ranging in price from $6 to $20.
GameVify.com