This article is awful.
One of its inaccuracies:
>Young founders in their early 20s take on the online payments sector with nothing more than a YC pedigree to their name.
Patrick actually co-founded Auctomatic in the beginning of 2007. It sold about a year later for $5 million.
http://www.crunchbase.com/company/auctomatic
http://techcrunch.com/2008/03/26/communicate-acquires-y-comb...