Starting up, teens are tapping Twitter

When 17-year-old Viraj Chhajed from Aurangabad started tweeting about building his SaaS startup called Basch, which helps people create AI-generated videos, he did not anticipate an offer that valued it at about $1 million in the beta phase. Nor did he expect John Maloney, the former president of social networking platform Tumblr, to reach out to him on direct messages to learn more about the spirited young founder.

Despite the rush and the unexpectedness of it all, Chhajed and his three teen cofounders, whom he also met on Twitter, have chosen to stay bootstrapped. His thread detailing why he did not accept the fundraising offer was liked 1,500 times and retweeted over 200 times.