N.C. college sophomore brings in millions recycling phones

By Laura Baverman, Upstart Business Journal The Office of Innovation Creativity and Entrepreneurship

Lee Lowden finishes up classes at Wake Forest University by early afternoon each day and heads to the campus mailroom, where he signs off on dozens of packages that hold used iPhones and BlackBerry devices. Lowden started his Buyback Boss smartphone recycling business last August and has since purchased 3,000 old phones in this country and sold them to buyers overseas. He’ll top $1.5 million in revenue this year and $4 million in 2014. Click here to read more.