UPDATED 08:58 EST / FEBRUARY 13 2012

NEWS

A 17-Year-Old Developer Laments About His 19-Year-Old Rival and His $1.1 Million Funding

I think there are lessons for the enterprise in stories like the one I discovered on DZone about a 17-year-old lamenting about his rival who just received $1.1 million in funding and a feature on TechCrunch.  In particular, it shows the new economy young people will create as they fill the middle with minimally viable services that compete with products that are no longer relevant in a post-PC society.

By any measure, 17-year-old Patrick Socha is immensely talented. He’s the co-founder of Propelly, a stealth startup out of London.  He gets credit for doing dev work on RiotCleanup.uk, the crowdsourced coordinated cleanup that rose up during last year’s London riots.

His rival is 19-year-old Sahil Lavingia of San Francisco and the founder of Gumroad. Lavingia is a college dropout (trend), and has already worked on the founding team at Pinterest and is the developer behind Turntable.fm. Gumroad allows people to sell their creative works through links. You set the price. Propelly will offer a similar type of service when it launches, supposedly within the next several days.

Socha, though, is frustrated. He began working on Propelly six months ago. And now, here he is, before Propelly’s launch, seeing Lavingia get $1.1 million in funding for Gumroad and a feature on TechCrunch.

In his post, Socha credits Lavingia but also kicks himself for not launching in November.  If he had, Socha writes, then his company would have fit just right between the crappy products on the market no one wants to use and the viable ones by better funded companies. It’s this minimally viable product (MVP) approach that is all the vogue in startup circles these days.

Services Angle

Two teenagers innovating with all their energies focused on learning and creating amazing stuff. For these guys, it’s all about the Web, the apps, the social linking and being part of a community.  They stand in contrast to enterprise technologies that lack the features and capabilities of services that a new generation of users will expect.

The future is in the middle. Young people, even teenagers like Socha and Lavigna, see the opportunity to fill it pretty effectively.


Since you’re here …

… We’d like to tell you about our mission and how you can help us fulfill it. SiliconANGLE Media Inc.’s business model is based on the intrinsic value of the content, not advertising. Unlike many online publications, we don’t have a paywall or run banner advertising, because we want to keep our journalism open, without influence or the need to chase traffic.The journalism, reporting and commentary on SiliconANGLE — along with live, unscripted video from our Silicon Valley studio and globe-trotting video teams at theCUBE — take a lot of hard work, time and money. Keeping the quality high requires the support of sponsors who are aligned with our vision of ad-free journalism content.

If you like the reporting, video interviews and other ad-free content here, please take a moment to check out a sample of the video content supported by our sponsors, tweet your support, and keep coming back to SiliconANGLE.