If you wait another 3 months I'm sure he'll be running his own hosting business. The majority[1] of Minecraft hosting businesses are ran by teenagers, it's quite interesting how low the barriers to entry are. $50 for 1 month rental on a mediocre dedicated server, $10 for a domain and $20 for a billing system license and then a couple of hours to configure a website template to your liking and you're ready to go! All you need is a few customers and you're already making money. Problem is without volume the business(es) will never make much profit, but for a lot of teenagers $200/m profit and the joy from running a business is worth it. It's the shared hosting of 201x[2]
It can be pretty treacherous for consumers though (part of why Minefold is great, by investing in building a platform they've demonstrated they have commitment to the business) because inevitably most teenagers don't understand the commitment they're making to their customers and things frequently fall apart. I can't count the amount of problems hosts falling apart has caused me, I had to make a concious effort to exclude it from my life about 6 months ago after a kid threatened to drive to my apartment and beat me up.
[1] Most are relatively small but there are quite a few teenage run Minecraft hosts supporting thousands of customers. The biggest Minecraft hosts are "proper businesses" though, with companies like Multiplay hosting ~15k Minecraft servers.
[2] I assume everyone here had their fun times running a web host at some point in their internet career.