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Adam Farrell Discusses Initial Funding of Startup

Speakers for this podcast

  • Founder , Silicon Solar
  • male
  • Caucasian
  • 1984 (Age: 40 years old)

Biography

Adam Farrell founded Silicon Solar when he was 15. It had a single product, a raw solar cell for use in educational kits, and was based in his bedroom. Today there are about 260 products, a busy Web site, sales are growing at about 10 percent annually, and the company is putting a large addition on a building it moved into last year.

Farrell owns 60 percent of the corporation. His older brother, Matt Farrell, a 24-year-old Cornell graduate, serves as vice president and owns the rest.

Adam Farrell expects to graduate in December 2006 with a degree in Applied Economics and Management from Cornell University.

This is actually some of the first products we created were simple educational products. We started off with 10 solar kits marketing to high schools, universities who had no idea that I was 15 years old at that time or 16 years old. So, I played it off like I was a large corporation with several h...(Full transcript available to logged in subscribers.).

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