This 14-Year-Old Has Already Rejected $30 Million For His First-Aid Vending Machine Idea

Do you know what’s the worst? Bleeding all over the place. Thankfully, a teenager from Alabama is working much harder than the rest of us to reduce the incidence of this misfortune. His name is Taylor Rosenthal and his company, RecMed, is about to make an even bigger impact than this weird invention that helps brides pee.

Rosenthal is CEO of RecMed, the company creating first-aid vending machines for amusement parks, stadiums and other event spaces. He was the youngest person ever to be accepted to present at TechCrunch Disrupt in Brooklyn. Rosenthal pitched the idea, emphasizing the machine’s four revenue streams including wholesale machine sales, advertising, refilling products in the machines, and selling opt-out data, whatever that means! He’s already rejected a $30 million buyout offer for the product.

Though a prototype is not expected until September, Rosenthal says he has already raised $100,000 in investments, which is no big surprise. Imagine the line for this thing at Coachella and Burning Man! People get scraped up on some of their tenderest places in those deserts.

The idea for RecMed comes from a simple observation Rosenthal made as a young baseball player, not a Coachella frequenter as you might have expected. Whenever kids got hurt, parents had a hard time finding the supplies necessary to treat scrapes and other injuries. So he began selling pre-packaged medical kits at games. Over time, Rosenthal realized that the cost of paying someone minimum wage to sit through games was eating away at his earnings and the best way to remedy that problem was a vending machine.

The need for RecMed’s vending machines is plainly evident and important as it would free up medical staff to treat more serious issues. “Instead of having to wait in that long EMT line for an hour, wasting possible fun time. You could walk up to our machine and get quick and easy access.” AND NOBODY WANTS TO WASTE FUN TIME!

Take that, Shark Tank!

(Via BroBible)

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