He is a college kid who works on this in between classes and frat parties. You expect way too much.
People starting to realize it's a scam. This time next month it'll get clearer.
I don't know these guy's ages but you do realize that some of the biggest companies in the world were built by under-grad students and dropouts (Microsoft, Apple, Google, Facebook, etc.)
Right? Riiiiiiight?
I care less about someones age but more about their capability, motivation and drive. Youth != success, but there is certainly a trend. Younger, vibrant minds are much more often "dumb enough" to try something new and ridiculous and energetic enough to see through their goals to success or dismal failure.
Even many "failed" individuals learned to pick up and start over again, learning from their mistakes, (see the likes of Henry Ford, Walt Disney or Jack Ma) and eventually made massive successful enterprises.