Teen entrepreneur launches Flogg app

- They say if you can make it New York you can make it anywhere, and now younger and younger people are taking that mantra for a test drive. Introducing a 16-year-old CEO.

Ben Pasternak just moved here from his native Australia after receiving funding for his third app. Pasternak's latest venture is called Flogg. It is changing the way we buy and sell things online by enabling you to browse items for sale from your Facebook friends and people who share friends in common with you. And after just one week on the market, Flogg is getting traction.

But let's not forget that Pasternak is just 16 years old, and had to make the difficult decision to drop out of high school and leave his friends and family behind in Sydney.

But so far, Pasternak does appear to be making it here in the Big Apple.

And with investors including venture capitalists who have previously backed companies like Twitter, Snapchat, and Instagram, it looks like Flogg is certainly poised for more growth.

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