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Maybe they let him decide for himself how he wanted to approach it?
by fao_ 10y ago
Maybe they let him decide for himself how he wanted to approach it?
- tw04 10y agoHe's 14. Your job as a parent is to guide your child into adulthood. If you let a child make a life changing decision like accepting $30 million without a backup plan at the age of 14, you're failing as a parent.
- fao_ 10y agoI don't know. There are three ways this could go: Life proceeds normally The child learns a lot from the experience of raising money for this invention, along the way gathering all sorts of experiences that are valuable in the working world. The child (Well, parents until $age-of-majority) get 30$m with which to improve the child's life. Either of the secondary options are useful. You're viewing the value of money and survival as the primary goal. The child could already be set for life with that depending on the earning of the parents and their pensions, etc. Either of the two latter options provide unknown gains and losses to the child, depending on what you value more. Note that this excludes negotiating a better bid with another company.