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12 Year Old Boy Gets $6.5M for Gaming Company

This is a discussion on 12 Year Old Boy Gets $6.5M for Gaming Company within the Great Men & Their Historical Accomplishments forums, part of the General category; 12 Year Old Gets $6.5M for Gaming Company Posted by samzenpus on Thursday September 20, @05:39AM from the that's-a-lot-of-candy dept. ...


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  #1  
Old 22nd-September-2007
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12 Year Old Boy Gets $6.5M for Gaming Company

Quote:
12 Year Old Gets $6.5M for Gaming Company

Posted by samzenpus on Thursday September 20, @05:39AM
from the that's-a-lot-of-candy dept.

Bayscribe writes

"A Silicon Valley company co-founded by a 12-year-old has just raised $6.5 million in venture capital. PlaySpan, based in Santa Clara, Calif. says it offers game publishers a technology that lets users make payments and shop for other items. It calls itself the first "publisher-sponsored in-game commerce network." Arjun Mehta, a 6th grader, says on his Web site that he is passionate about software that can make the game experience more "rewarding," and that he started the company last year in his garage. He paid for it from earnings made from selling online game items he won."
Article link

6.5 million dollars is a lot of money for a 12 year old. You Go, Boy!



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Old 22nd-September-2007
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Re: 12 Year Old Boy Gets $6.5M for Gaming Company

It's the patriarchy... it must be.








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  #3  
Old 5th-November-2007
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Re: 12 Year Old Boy Gets $6.5M for Gaming Company

Well holy shit that is so cool!
If all goes well this boy has a bright future ahead of him, untill some bitch get's her hooks into him.
Maybe when this boy get's a little older we should invite him here


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Old 5th-November-2007
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Re: 12 Year Old Boy Gets $6.5M for Gaming Company

Yeah I heard about this a few weeks ago, and while it may be a good thing, Im a little skeptical with having 12 year olds running companies., but then again they cant do any worse a job than most corporates do, so why not.





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Old 5th-November-2007
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Re: 12 Year Old Boy Gets $6.5M for Gaming Company

Before you know it, they'll be forcing him to employ unqualified women to the board...



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Old 5th-November-2007
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Re: 12 Year Old Boy Gets $6.5M for Gaming Company

And he did it without a college degree! Or even a high school degree!


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Old 6th-November-2007
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Re: 12 Year Old Boy Gets $6.5M for Gaming Company

Whoa!.
Good on him I say, if you've got the talent, why not put it to good use?.
I can't get over the title of the article though "12 Year Old Boy Gets $6.5M for Gaming Company", it makes it sound like he was just handed the money, with no work done by him.
Maybe I'm just splitting hairs.



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