/biz/ - Business & Finance

[Anonymous No.656899]

http://finance.ninemsn.com.au/newsbusiness/aap/8959397/teen-babysitting-entrepreneur-makes-480000

>teenage girl BTFOs /biz/

[Anonymous No.656901]

>She worked with her investment banker father who went guarantor for her business

tl;dr: Financially-savvy daddy founded a business and uses his daughter as a front.

[Anonymous No.656940]

>>656899
Lots of red lanterns for the regular /biz/shill

[Anonymous No.656954]

>>656899
>>656901
>Financially savvy dad uses daughter as tax break
$10 says she makes a monsterous loss on "her" "business" next financial year and then it turns into a big tax writeoff for daddeh

[Anonymous No.657095]

>>656899
>$480.000
>has lousy dental plan
she's the chump in his plan

[Anonymous No.657108]

I'm actually really impressed with this girl.

What I'm wondering is how she managed to start a business at 12 though. Is that even legal? Surely you must be of majority age, first. I mean she has employees and shit.

[Anonymous No.657123]

>>657108
she's a mascot, like the malboro cowboy. she may have started the lemonade stand, but her daddy made it happen. she had access to capital that no one else would be able to have because he is loaded and acted as her guarantor.

besides, the report said she made 480k, it didn't say that 480k was in profit. how is a company that rakes in 480k in revenue supposed to hire any serious talent?

every year it's going to be a tax write off for daddy for business losses

[Anonymous No.657126]

>>656899

>Ms Mintz

Yep I'm sure she did this all by herself and go no help from her Jewish parents.

[Anonymous No.657130]

>"She was 14! [But] I’m a feminist, and I really support women who do things for themselves and get their visions out there.

Remember, women will always vote vagina over penis even if both hold the same exact qualifications.

[Anonymous No.657131]

>>657123

no that would have to be profit
her revenue should be past 2m at this point