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12 Year Old Gets $6.5M for Gaming Company

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."

1 of 180 comments (clear)

  1. Re:riight. by jcr · · Score: 0, Flamebait

    Fuck you too, sunshine. How many VCs have you met?

    -jcr

    --
    The only title of honor that a tyrant can grant is "Enemy of the State."