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Start-Up Kids Grow Up to Be Millionaires So Fast
By Steven Levy
Wednesday, April 9, 2008
Kulveer Taggar says he expected to wait a little longer before becoming a millionaire. His start-up company, Auctomatic, a Web-based helper that automates the chores of running auctions for power-sellers on eBay, was doing just fine. He was gathering customers, getting noticed and even about to land a second round of financing. Revenue was nonexistent, but what do you expect when you don't charge customers and don't run ads? It was all about building for the future.
By Steven Levy
Wednesday, April 9, 2008
Kulveer Taggar says he expected to wait a little longer before becoming a millionaire. His start-up company, Auctomatic, a Web-based helper that automates the chores of running auctions for power-sellers on eBay, was doing just fine. He was gathering customers, getting noticed and even about to land a second round of financing. Revenue was nonexistent, but what do you expect when you don't charge customers and don't run ads? It was all about building for the future.
