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CEO: I've invested in over 100 startup founders under age 25—the No. 1 ‘biggest thing' that predicts their success
CEO: I've invested in over 100 startup founders under age 25—the No. 1 ‘biggest thing' that predicts their success

CNBC

time2 days ago

  • Business
  • CNBC

CEO: I've invested in over 100 startup founders under age 25—the No. 1 ‘biggest thing' that predicts their success

Josh Browder says the most successful entrepreneurs under age 25 all share a single common trait. Browder, 28, is an entrepreneur in his own right: He's the founder of online legal services company DoNotPay, which was most recently valued at $210 million in 2021, according to Bloomberg. He's also a startup investor with his own investment firm, Browder Capital, who says he's financially backed "over 100 entrepreneurs below the age of 25 who are, by virtue of [their] company, millionaires." The "biggest thing" that correlates to success among those founders is a "deep connection" to the problem that their startup is working to solve, says Browder. When examining potential investing opportunities, Browder says he looks for founders with enough inherent passion for the area they're working on to withstand the rigors and inevitable setbacks of building a successful startup. "A lot of being an entrepreneur is like eating glass," he says, adding: "If they don't have a true connection to the problem, they're going to give up. So I look for signals that they really care about what they're building." The philosophy is relatively common logic for early-stage startup investors, who often make bets with limited data on whether companies will grow and investment firm raised $30 million in May from investors including Sequoia Capital to invest in young tech founders, Bloomberg reported at the time. Entrepreneurs under age 30 are more likely to be intensely passionate about the problem they're looking to solve, Browder says. They're "much more energetic [and] ambitious," he says. "The world is changing so quickly that these young entrepreneurs are passionate about ideas and if they don't pursue it today, they'll never get a chance to pursue it." He points to a couple of startups in his investment portfolio as examples. One of them, called Coder, makes open-source tools for software developers, and has reportedly raised at least $80 million in total funding. Its founders met in high school, made money together building plug-ins and servers for Minecraft players, and founded their company to build the sorts of developer tools they wished they'd had as teens, TechCrunch reported in June 2024. Another, — which reached a $1 billion valuation in May by building business software for restaurant owners and other small businesses — was inspired by co-founder Adam Guild's experience watching his mother struggle to grow her own dog-grooming business, Browder notes. Browder invested in in 2018, struck by Guild's conviction and personal connection to the business, he says: "He instantly struck me as one of the top 0.1% people. I thought, 'This is just such a powerful story. I have to find some way to invest in him.'" Ultimately, Browder avoids investing in founders who don't seem to be committed to their business for the long haul, he says. "A lot of people are just building companies to get it on their resume and things like that ... Just having them care deeply about the problem puts them in the top 20% [of potential investments]," says Browder. Browder's comments echo those of billionaire entrepreneur and startup investor Mark Cuban, who's long been adamant that founders should be extremely passionate about their businesses from the very beginning — rather than thinking about how much money they could eventually make by selling their stake. "Don't start a company unless it's an obsession and something you love," Cuban wrote in a 2012 column for Entrepreneur, adding: "If you have an exit strategy, it's not an obsession."

iTmethods and Coder Simplify AI-Ready Cloud Development for Enterprise Teams
iTmethods and Coder Simplify AI-Ready Cloud Development for Enterprise Teams

Yahoo

time09-06-2025

  • Business
  • Yahoo

iTmethods and Coder Simplify AI-Ready Cloud Development for Enterprise Teams

New fully managed solution accelerates onboarding, improves code quality, and governs AI usage. TORONTO, June 9, 2025 /PRNewswire/ -- iTmethods and Coder have partnered to bring enterprises a new way to deploy secure, high-performance and AI-ready Cloud Development Environments (CDEs). By combining Coder's flexible, self-hosted development with iTmethods' fully managed ONE platform, the solution delivers a secure and scalable developer experience without the burden of infrastructure management. Development environments are often inconsistent, hard to secure, and time-consuming to provision. With the rise of AI coding agents, enterprises also face pressure to govern access, manage spend, and support emerging tools. This partnership addresses those challenges by delivering a turnkey solution that simplifies onboarding, protects source code, and centralizes AI governance. "Today's engineering leaders want more than just DevOps speed. They need governance, control, and future-ready infrastructure," said Paul Goldman, CEO of iTmethods. "With Coder, we're giving teams tools to move fast while staying secure and compliant." Key benefits of the iTmethods and Coder CDE solution include: Hosted in your cloud: iTmethods deploys and manages Coder directly within the customer's AWS or Azure environment Accelerated onboarding: Developers can start coding on day one with preconfigured environments. Secure AI agent access: Run AI coding agents safely with strict permissions, spend controls, and audit trails. Enterprise-ready governance: Enforce IAM, logging, and policy controls across all environments. The solution also supports pre-integrated tools including SonarQube, JFrog, and AWS services, along with IDE extensions for a complete developer experience. Everything is integrated through iTmethods' ONE platform, enabling teams to launch faster. To support this launch, iTmethods is offering a free CDE Assessment. "Coder's customers span from the most creative, tech-forward companies to the most secure and strategic financial services organizations in the world. They are all built on the creativity of their developers. As they embrace autonomous coding to accelerate delivery and enhance security, they need infrastructure that's secure, compliant, and built for AI agents," said Josh Epstein, Chief Revenue Officer at Coder. "Our partnership with iTmethods makes that vision real. By combining Coder's self-hosted environments for agentic software development with iTmethods' fully managed delivery, we're helping customers scale AI adoption with full control, strong governance, and an exceptional developer experience." Learn More: Join our upcoming webinar to see how iTmethods and Coder are redefining secure, scalable software development. About iTmethods iTmethods delivers a fully managed AI and DevOps platform that helps enterprises modernize and scale software delivery across multi-cloud, multi-vendor environments. The company partners with industry leaders like Coder, Sonar, Atlassian, CircleCI, and Jfrog to provide end-to-end, fully managed solutions. About Coder Coder is an AI software development company leading the future of autonomous coding. Coder helps teams build fast, stay secure, and scale with control by combining AI coding agents and human developers in one trusted workspace. Coder's self-hosted Cloud Development Environment (CDE) gives enterprises the power to govern, audit, and accelerate software development without trade-offs. Learn more at Media Contact:Ava Nguyen396387@ (877) 533-8876 View original content to download multimedia: SOURCE iTmethods Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Ohio GOP targeting app permissions for teens
Ohio GOP targeting app permissions for teens

Yahoo

time04-04-2025

  • Business
  • Yahoo

Ohio GOP targeting app permissions for teens

COLUMBUS, Ohio (WCMH) — Ohio lawmakers want to give parents more oversight on what apps their children can download. 'This legislation is so vital to protecting our kids,' Ohio Rep. Melanie Miller (R-Ashland) said. A little more than a year ago, state law required that social media companies verify users are older than 16, and if they aren't, to gain a parent's consent before allowing the teenager to create an account. A federal judge called the law a 'breathtakingly blunt instrument for reducing social media's harm to children,' and struck the law down less than a month after it went into effect. Ohio bill would mandate 'success sequence' education, including marriage before kids Since then, Ohio Gov. Michael DeWine has called for a new approach and now lawmakers said they are hopeful their new method is airtight. 'While the 'what' may be the same, the 'how' is different,' Ohio Sen. Michele Reynolds (R-Canal Winchester) said. 'It's going to be able to withstand a constitutional challenge.' Now, instead of requiring age verification on individual apps, Senate Bill 167, and a soon-to-be identical House bill, would make it so parents with children under 16 can be notified if they choose, any time their child tries to download an app like Instagram or TikTok. This puts the age verification method up front, instead of in the app itself. 'The App Store already has mechanisms to collect this information once, not 40 different times,' Reynolds said. 'The app wouldn't download on the teen's phone unless the parent approves it,' Miller said. 'This legislation will put parents, not the government, in charge of their children's online access.' Seven central Ohio strip malls sold to Florida company for $21 million The lawmakers behind this bill said it is about making sure kids stay safe, and helping reduce bullying. Tony Coder, executive director of the Ohio Suicide Prevention Foundation (OSPF), is supportive of the measure. He said one 15-year-old who was bullied in school comes to mind. 'He'd go home and through his Instagram, which his mom didn't know he had, the bullying would continue,' Coder said. Coder said the inability to escape the bullying eventually added up. 'When he was just 15 years old, this young man reached out on Instagram to the world with a statement: 'I will give everyone 30 minutes to let me know you care.' Reaching out to anybody in that vast sea of people, but not one person answered,' Coder said. 'And that evening, which was also his mom's birthday, that young man took his life.' Columbus hotel that hosted U.S. presidents under new ownership after $10 million sale Social media companies like Meta favor these types of proposals and have called for the federal government to enact a similar law. This is despite criticism that social media companies are trying to pass responsibility. However, tech companies like Apple have supposedly worked behind the scenes to squash these bills in other states. 'I'm not going to be naive to think that we're going to have everybody on board,' Reynolds said. 'But hopefully, for the most part, it's good policy and good policy prevails.' Several other states have similar legislation, and Utah just signed a similar bill into law a few weeks ago. The governor's office did not respond to our request for comment on the new bill. Democratic leaders also did not comment. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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