27 Sep
Posted by RodneyS as Gaming, News For Geeks, Programming, Rumors
Now here is a story that Geek’s everyone can be proud of. According to this story a 6th grade student has just raised $6.5 million, yes you read right $6.5 MILLION for his startup company. Apparently he has programmed a system that simply sells virtual goods inside of games (if anyone can figure out what this software really does I would appreciate it). The story claims that the 6th grader is responsible for all of this. Although I suspect the programmer father may have had a hand in it.
In either case this is a success story that all Geek’s should be interested in. If anyone can find some more information send me an email at tips@stopgeek.com so that we can do a follow-up story with more details!
Start with a Silicon Valley garage — it worked for Google and HP. Add 6th grade programmer Arjun Mehta with a system for selling virtual goods in games and you get the archetypal startup story, with parents — rather than public relations — playing gatekeeper for a twist.Add seven game publishers committed to be customers and $6.5 million in funding from Easton Capital, Menlo Ventures, STIC, and Novel TMT Ventures, and you get to try to keep your jaw from hitting the floor, assuming you believe Arjun, rather than his tech industry father Karl, co-founder and CEO of PlaySpan, is the driving force behind the company.
The original article can be found HERE
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