Editing Patrick Collison (section)

===Auctomatic===
He attended [[Massachusetts Institute of Technology]], but eventually dropped out in 2009 after starting businesses.<ref name="Million dollar boy who changed the face of the web"/><ref name=telegraph-20210223/> In 2007, he set up software company 'Shuppa' (a play on the Irish word {{wikt-lang|ga|siopa}}, meaning 'shop') in [[Limerick]] with his brother [[John Collison]].<ref name="Limerick brothers sell company for millions"/> [[Enterprise Ireland]] did not allocate funding to the company, prompting a move to California after [[Silicon Valley]]'s [[Y Combinator (company)|Y Combinator]] showed interest, where they merged with two [[University of Oxford|Oxford]] graduates, Harjeet and Kulveer Taggar, and the company became Auctomatic.<ref name="Limerick brothers sell company for millions"/>

On [[Good Friday]] of March 2008, Collison, aged nineteen, and his brother, aged seventeen, sold Auctomatic to Canadian company Live Current Media, becoming millionaires.<ref name="Limerick brothers sell company for millions">{{cite news|url=http://www.rte.ie/news/2008/0327/collison.html?rss|title=Limerick brothers sell company for millions|date=27 March 2008|publisher=[[RTÉ]]|access-date=24 January 2010|archive-date=24 February 2011|archive-url=https://web.archive.org/web/20110224111357/http://www.rte.ie/news/2008/0327/collison.html?rss|url-status=live}}</ref><ref name="Teenagers become web millionaires">{{cite news|url=http://news.bbc.co.uk/2/hi/business/7316143.stm|title=Teenagers become web millionaires|date=27 March 2008|publisher=BBC|access-date=24 January 2010|archive-date=17 October 2010|archive-url=https://web.archive.org/web/20101017131625/http://news.bbc.co.uk/2/hi/business/7316143.stm|url-status=live}}</ref> In May 2008, he became director of engineering at the company's new [[Vancouver]] base.<ref name="Million dollar boy who changed the face of the web"/><ref name="Limerick brothers sell company for millions"/> Collison attributes the success of his company to his win in the Young Scientist and Technology Exhibition.<ref name="Million dollar boy who changed the face of the web"/>