Meet Boost VC’s Youngest-Ever Bitcoin Entrepreneur

Louis Dumont, BitproofAt 17 years old, Louison Dumont is the youngest-ever entrepreneur to be accepted into Boost VC, the California incubator that has so far nurtured five batches of mostly bitcoin startups, but he’s not short on experience.

Having started mining bitcoin at the age of 13, Dumont boasts more maturity than many in the still-nascent industry (your correspondent included), peppering his conversation with signs of his veteran status and allusions to the tribulations of trading (most of his early bitcoins were unfortunately sold in the $20–$30 range).

Dumont, for example, recalls a time when you could mine bitcoin with your GPU and still make a profit, and laughs often when discussing his early attempts to secure unwanted graphics cards from sometimes indifferent friends and relatives.

“I told my parents about bitcoin because I needed money to buy bitcoins on Mt Gox, so for a few weeks I was like ‘Please give me money,’” he said. “At the beginning it was very noisy, but I was mining a lot of bitcoins.”

Today, Dumont is the brains behind Bitproof, one of 24 startups living and working full time at the Boost VC complex

Read more ... source: CoinDesk