Erik Finman – Bitcoin Investor

How did Erik make money online?

This 2017 video from BuzzFeed News tells the story:

In short, Erik started investing in bitcoin back in 2011 when he was just 12 years old and bitcoin was worth just $12 per token.

Six years later, the value of bitcoin had increased almost 500x, and 18-year-old Erik was sitting pretty as the owner of 400+ tokens.

How much money did Erik make?

At the time the above video was published each bitcoin token was worth $5698, making the value of Erik’s wallet greater than $2 million.

It’s unclear how much bitcoin Erik has cashed out since.

How did Erik get started?

As per a 2017 feature on CNBC:

Erik used his early windfall to start an online educational company called Botangle, which he later sold for more bitcoin:

What type of online business does Erik have?

It looks like Erik is making money online in a variety of ways.

But if we just take the bitcoin aspect, then according to our framework this would fall into the Investing category, and we’d consider it a Level X online business.

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