Mohammed Ali has rejected £5 million offer for a website because he believes that the website will be worth a lot more in future.
16-Year-Old Rejects £5 million Offer For A Website He Created In His Bedroom
Well, we all must admit that we were too busy playing video games and watching YouTube videos to bother about anything else on the planet when we were 16. However, you will be shocked to know that 16-year-old recently rejected a £5 million offer for a website that he designed in his bedroom.
Mohammed Ali has rejected £5 million Bedroom offer for a site because he believes that the site will be worth a lot more in future. Mohammed Ali designed weeneed1.com which is a price comparison website.
According to Mohammed Ali, The offer was made to him just before Christmas, and he rejected the offer that could have made him a millionaire like a straight up boss.
Mohammed Ali said, as reported by Metro, “We met the investors in London, they were a global data driven company, and they didn’t realise I created all the technology involved. The main reason we rejected the offer was because, if the technology and concept is worth millions already, just think how much it will be worth once people use it.”
Mohammed Ali was confident that his website weneed1.com would go on to become a house-hold name. However, this was not the first time Mohammed Ali has won something big. His Project 2006 video game had earned him £30,000 back in 2012.
Mohammed Ali has co-created weneed1.com with his 60-year old business partner, Chris Thorpe and it will be launched on January 28.
So, what do you think about this? Share your views in the comment box below.