Teen Auctions Future Income to Fund Startup Website

19-year-old Sarah Hanson wanted to drop out of college and work full time on her startup, seniorlivingmap.org, a website dedicated to helping people find senior living centers, but she needed to raise money first. Through an online auction site, Hanson offered 10 percent of her income over the next ten years. The highest bidder put up $125,000. Patrick Jones has the rest.

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