Bitcoin entrepreneur launches online institution to get "a better learning experience"

06-15-2014 • Free Press Publications

A young man by the name of Erik Finman has received a fair amount of news in the recent weeks after it came to light that he made a six-figure profit on a bitcoin investment, and then opened his own business. In 2012, Finman received $1,000 from his grandmother and invested it in bitcoin. Mashable.com reports, nearly 18 months later, he sold his investment for $100,000 "and used the earnings to launch Botangle.com, an online tutoring service that runs on video chat." In a Reddit AMA (Ask Me Anything), he said, "I'm Erik Finman, a 15-year old entrepreneur from Idaho... I owe a lot to my older brother. He told me about Bitcoins and help me get set up with 0.2 bitcoins that he gave me. And my grandmother just out of the blue gave me a $1000 check for Easter... And I just said screw it, let's buy bitcoins with this money so I can trump my brother in how many bitcoins he had at the time." Adding, "With my earnings I decided to address some of the negative experiences I had in the educati