At 19 years old Diane Keng is working on her 3rd start up.
The Silicon Valley teenager is co-founder and marketing director of myweebo.com, which is a social networking site that combines profiles, photos and videos for posting on multiple social networking websites.
Silicon Valley is full of people with the next big idea but few have the staying power. The business, she started up, with co-founder and brother, Steven, has so far been a success. The site has grown steadily and future prospects look bright.
Having previously started up two companies she has already gained a lot of experience. Her first company was a t-shirt printing business and this was soon followed by a market research firm targeted towards teenagers.
At that young age she found she was not making enough profit, due to the fact that the time it took for her to design and print the t-shirts was often quite long. Her second business had the potential to go further but she did not have the time, what with her school work and exams. Soon it fell apart, but she did not give up.
Diane Keng started up myweebo.com in January 2009 and has made it her full time commitment. She has just recently graduated from Monta Vista High School where her entrepreneurship was highly encouraged, in fact by the time graduation came around a number of students had started their own businesses.
Diane has always been an achiever; she is state president of the California DECA a national association of students studying business and entrepreneurship.
As well as this she has also organised a campaign for a candidate of the Cupertino city council election. She has also won local awards for the extra steps she has taken to succeed and the contributions made to her community.
Running her business she has had help from her parents, especially her dad. A venture capitalist spending his time between Beijing and Cupertino, CA, he is always a source of advice. Diane was even able to gain investment of $100,000 of investment through him, but not before being turned away multiple times. She presented the idea which her father scrutinised and picked holes in.
This gave her the opportunity to perfect the business model and at this point Mr Keng saw a viable investment. He is still waiting to see a return on his investment, but the way things are going he will surely see it sooner than later.
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