People | August 15, 2016 11:27 AM EDT
This entrepreneur sold an app to Snapchat for $54M and is now traveling the world
Entrepreneur Garrett Gee decided to ditch the regular lifestyle and travel the world after selling Scan, a mobile scanning app he co-founded, to Snapchat in 2014. The deal for Gee and his co-founders was valued at $54 million at the time — $30 million in cash and the rest in equity in Snapchat. Gee declined to disclose how much he personally made from the deal.
But here's the surprise: the family hasn't touched any of the money from the Snapchat deal yet to pay for their vacation, which they began more than nine months ago.
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