Young Billionaire's Age Not Reported For Sake Of Nation's Ego
NEW YORK—Major media outlets confirmed Friday their agreement to omit young billionaire Terry Gibson's age from all news reports as part of an effort to protect the fragile egos of Americans and prevent national morale from sinking to an all-time low. "With the economy lagging and millions of Americans still out of work, the last thing people need to hear is the age of some young billionaire inventor who's just rolling in it," said ABC News president Ben Sherwood, adding that the enormously wealthy young man was "under 30, and let's just leave it at that."...Seattle area 15-year-old sells startup to ActiveState
Some entrepreneurs wait a lifetime to experience the thrill of selling their startup companies. Daniil Kulchenko, a Seattle area high school student, accomplished that milestone at the age of 15. Kulchenko today announced that he’s sold his startup, a cloud-based computing company known as Phenona, to Vancouver, B.C.-based ActiveState in a deal of undisclosed size.
Kulchenko plans to join ActiveState in a part-time role, since he’s still a student at Inglemoor High School in Kenmore. Phenona had not publicly launched at the time of the sale, but ActiveState CEO Bart Copeland said that the deal will help speed the company’s move into cloud computing.