14-year-old RecMed entrepreneur turns down $30M offer

OPELIKA, Ala. — Taylor Rosenthal is ready for the big leagues. The 14-year-old is exhibiting his startup idea — a vending machine that dispenses first aid products — at TechCrunch Disrupt this week in Brooklyn, CNN Money reports.

PHOTO: Taylor with his RecMed vending machine. Photo provided by RecMed.

The first-time entrepreneur doesn’t sound nervous. He’s actually looking forward to the trip from his hometown of Opelika, Alabama.

Still, it’s a big deal.

“They told me that I was the youngest person to ever get accepted to the event,” said Rosenthal. “It felt awesome.”
Rosenthal’s startup RecMed, which he launched in 2015, has already been generating buzz. He’s raised $100,000 in angel investments and has already rejected a $30 million offer to buy his idea.

RecMed started as an eighth-grade project when Rosenthal was one of 19 students in a Young Entrepreneurs Academy class.

READ MORE about this story at CNN Money.

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