Wednesday, May 12, 2010

Tech Wizards Become Cash Kings

Gurbaksh Chahal started online ad company Click Agents in San Jose when he was 16, and sold it for $40 million two years later. He then founded ad network BlueLithium, which he sold for $300 million when he was 25.

SHOOT: Makes you wonder whether you're blind to opportunties right in front of you. of course her daddy did give her $100 000 in seed money. My dad gives me advice, usually that the world is right and I'm wrong.
clipped from finance.yahoo.com
Keng_04.jpg
Cupertino High School senior Diane Keng pitches MyWeboo.com, her third start-up, at the Web 2.0 Expo in San Francisco.

In March, the 18-year-old launched Internet company MyWeboo.com to help teens manage their digital lives and social-network identities in one place. She is now pitching the company to venture capitalists, and earlier this week presented at the Web 2.0 Expo in San Francisco.

Yet each morning, Ms. Keng also heads to Cupertino's Monta Vista High School for a schedule of classes that includes Advanced Placement economics and government. In the afternoons, the high-school senior squeezes in varsity badminton practice.

Ms. Keng has several advantages in pursuing her entrepreneurial ambitions, including her father, a venture capitalist who splits his time between Beijing and Cupertino and gave her $100,000 in seed money.

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