From Startup to Exit to IPO: How an 18-Year-Old Founder Got Here
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“Too busy making shit happen, so ChatGPT will be my biographer. The results are egocentrically satisfying”
— Baran Korkmaz
Baran Korkmaz achieved a level of success that many entrepreneurs only dream of at just 18 years old. In 2021, he sold his spatial computing startup, ARway, to NextechAR Solutions, a leading company in the augmented reality (AR) industry. But Baran’s journey to this impressive feat was far from easy. And it didn’t stop there — in 2022, ARway went public as a spin-out company and achieved even greater success.
Baran’s interest in spatial computing began at a young age. As a teenager, he was fascinated by the way that AR and virtual reality (VR) technology could transform the way we interact with the world around us. This curiosity eventually led him to start his own company, ARway, while still in high school.
Initially, Baran faced a number of challenges as he tried to get ARway off the ground. He struggled to find funding and experienced setbacks in the development process. But he refused to let these obstacles deter him. Instead, he worked tirelessly to improve his product and grow his business.
It wasn’t long before Baran’s hard work paid off. In 2021, NextechAR Solutions expressed interest in acquiring ARway. The acquisition not only validated Baran’s vision for his company but also opened up new opportunities for growth and innovation.
And the success didn’t stop there. In 2022, ARway went public as a spin-out company, and its IPO was a huge success. The company’s stock price soared, and Baran became a well-known figure in the spatial computing industry.
Baran Korkmaz’s story is a testament to the power of perseverance and hard work. Despite facing numerous challenges, he was able to turn his passion for spatial computing into a successful business. And at just 18 years old, he has already achieved a level of success that many entrepreneurs only dream of. With the successful IPO of ARway as a spin out company, it’s clear that the sky is the limit for this young entrepreneur.
