Comments on: PlaySpan Takes $6.5m Series A, Founder In Grade 6

By: PlaySpan Study Shows Growth In Virtual Goods Marketplace

PlaySpan Study Shows Growth In Virtual Goods Marketplace — Wed, 28 Oct 2009 13:01:41 +0000

[...] last Fall from Easton Capital Group, Menlo Ventures, Novel TMT Ventures, and STIC. The startup was founded by a 12-year-old, Arjun Mehta, but it is actually run by his father, CEO and co-founder Karl Mehta. [...]

By: Micro-Consolidation: PlaySpan Buys Spare Change | CHARGED's Digital Lifestyle at Work or Play

Tue, 21 Apr 2009 13:15:54 +0000

[...] February from Easton Capital Group, Menlo Ventures, Novel TMT Ventures, and STIC. The startup was famously founded by a 12-year-old, Arjun Mehta, but it is really run by his father, CEO and co-founder Karl [...]

By: AM

AM — Sat, 18 Apr 2009 21:21:04 +0000

All of you haters should lay-off and start understanding the story more clearly. The kid, Arjun, came up with the idea who then passed it on tho his dad, Karl, who then turned the idea into reality and he (Karl) got the VCs…The kid didn’t himself get the funding. I know this for a fact.

Great article Duncan!

By: In Quest For Real Revenue From Virtual Goods, hi5 Teams Up With PlaySpan | Güncel Teknoloji Haber Takibi

Wed, 15 Apr 2009 06:15:35 +0000

[...] PlaySpan today in an effort to get more revenue out of its 60+ million members. PlaySpan, famously founded by a 5th grader two years ago, will henceforth be powering micropayments for virtual goods and premium content sold [...]

By: infoyourway.com » In Quest For Real Revenue From Virtual Goods, hi5 Teams Up With PlaySpan

Tue, 14 Apr 2009 15:22:38 +0000

By: Trade Jim News » In Quest For Real Revenue From Virtual Goods, hi5 Teams Up With PlaySpan

Tue, 14 Apr 2009 14:34:42 +0000

By: In Quest For Real Revenue From Virtual Goods, hi5 Teams Up With PlaySpan

In Quest For Real Revenue From Virtual Goods, hi5 Teams Up With PlaySpan — Tue, 14 Apr 2009 14:00:30 +0000

[...] in an effort to get more revenue out of its 60+ million members strong userbase. PlaySpan, famously founded by a 5th grader two years ago, will henceforth be powering micropayments for virtual goods and premium content sold [...]

By: Addie

Addie — Mon, 12 Jan 2009 22:39:16 +0000

So now that PlaySpan is doing mass layoffs, who takes the blame?

By: M Fu

M Fu — Tue, 02 Dec 2008 23:58:17 +0000

I know this kid. He goes to the same school as me. He is the dumbest kid I have seen in my life, his father founded the company.

By: Schratboy

Schratboy — Wed, 26 Nov 2008 14:00:42 +0000

Those Vulture capitalists are quite the opportunists. Now that most seasoned entrepreneurs are aware of their unscrupulous tactics and onerous demands, now they’re preying on 6th graders. The kid probably has a .05% stake after the 1st round….

By: roman

roman — Wed, 26 Nov 2008 07:12:45 +0000

don’t like the push of the 10 year old.. he’s nothing but a front man..

By: Will

Will — Wed, 26 Nov 2008 04:49:02 +0000

Why can I come across with this great Idea…wow..
http://tvradionet.com

By: Steve Bomber

Steve Bomber — Tue, 25 Nov 2008 16:38:38 +0000

So is this the Silicon Valley equivalent of those pushy stage parents who drag their children to auditions kicking and screaming?

By: PlaySpan Raises $16.8 Million For Virtual-Goods Marketplace

PlaySpan Raises $16.8 Million For Virtual-Goods Marketplace — Tue, 25 Nov 2008 12:59:42 +0000

[...] hard these days? PlaySpan makes it look like child’s play. The startup, which was literally founded by a 5th grader, just raised $16.8 million in a series B round from existing investors Easton Capital Group, Menlo [...]

By: Monday Fundings: Live Gamer Raises $24 Million, Streamezzo Raises $22 million — hometown.at

Wed, 19 Dec 2007 02:56:36 +0000

[...] used in online worlds and videogames. It faces fierce competition from 6th grader Arjun Mehta, who raised $6.5 million in September for MMOG marketplace PlaySpan. Streamezzo Loading information about [...]

By: Monday Fundings: Live Gamer Raises $24 Million, Streamezzo Raises $22 million

Monday Fundings: Live Gamer Raises $24 Million, Streamezzo Raises $22 million — Mon, 17 Dec 2007 22:45:44 +0000

By: It won’t be long before we all kill Web 2.0 « Boston Internet Marketing

Tue, 11 Dec 2007 16:33:38 +0000

[...] 24, 2007 The irrational exuberance building in the investment world related to all things Web 2.0 is spilling over into the world of [...]

By: The Reboot: Women and Video Games | PodTech.net: Technology and Entertainment Video Network

Wed, 17 Oct 2007 23:58:55 +0000

[...] is back to finish the fight on Halo 3, Playstation Portable sales are on the rise in Japan and a 12-year-old gamer gets his company $6.5 million in [...]

By: robert

robert — Sun, 23 Sep 2007 19:06:00 +0000

Salar, your numbers are wrong. 33% does not come from gold farming, and it isn’t worth billions of dollars.

By: Fun Times In Houston « Auto Industry Startups

Fun Times In Houston « Auto Industry Startups — Sun, 23 Sep 2007 17:07:52 +0000

[...] September 22nd, 2007 · No Comments Starting a company can feel a like isolating sometimes; after all, I spend most of my time on the company, either working on it or thinking about it. So it’s great when I get a chance to meet other entrepreneurs in Texas. Especially because the Texas startup environment is not as robust as California’s, where they fund companies started by sixth graders. [...]

By: Salar

Salar — Fri, 21 Sep 2007 20:01:46 +0000

http://www.clevercomm.com is PlaySpan’s PR firm. This may give you all a little insight on what’s going on here. Sure the kid found an underserved segment of the MMORPG market while playing WoW. He said daddy, daddy I have a great idea…I wish this and that were possible. Aha! Tech daddy says, “you are on to something son”…then he puts together a team of MIT and Stanford engineers and managers and it is really that simple. Don’t think too much about it…the kid is smart and will do great things in his life, but the daddy is smarter and is doing them now. Plus this concept is stellar. Over 33% of Online Videogame revenues come form “gold farming” which this company obvisouly has a business model to capture. That is equal to billions of dollars in sales ladies and gentlemen.

By: Sticky

Sticky — Fri, 21 Sep 2007 19:40:03 +0000

be* (spelling correction for you overly analytical people)

By: Sticky

Sticky — Fri, 21 Sep 2007 19:37:19 +0000

Does anyone ever remember being young and having a great idea that nobody would pay any real attention too? And if the answer isn’t yes then you are probably not a true entrepreneur, or you had parents like this kid has. So you must me filthy rich by now. And if not, then you probably can’t understand how something like this is possible. Obviously the kid isn’t sitting down planning every move the company needs to make. Even if he had been 21 years old and started a company, the founder usually doesn’t do alot of the work that is involved. That is why it is called a “company”. Compromised of different individuals who all put in to do something great. I know to some it is a hard concept to grasp, but not giving this kid the appreciation and support he deserves would be wrong, and for those of you who do have that type of view, I hope you do not have children. I think this kid is great and obviously so do alot of other important people. Rock on dude!

By: Chris Hughes

Chris Hughes — Fri, 21 Sep 2007 18:21:09 +0000

After seeing the story on slashdot, I forwarded it to me two kids, with a pithy comment about “when does this kid have time to study?” Yes this is surely all about “marketing”, with the grown-ups behind the scenes pulling all the strings. But, it never hurts to plant the seed that one is never too young (or old for that matter) to run with ones dreams.

By: Techieid

Techieid — Fri, 21 Sep 2007 17:51:30 +0000

Whatever the truth is, one thing is for sure… they are getting attention. And that is not a bad thing for a startup. $6.5 mil is not bad for Series A anywhere.