Venture Capital

Venture Capital

by Mike Masnick




12 Year Olds Raising Money

from the good-for-them dept

No, this isn't a story about yet another way-too-young dot com CEO. Instead, it's about students at the Girls' Middle School in Mountain View, where they take a class in which they need to start a business, including raising money (well, $100 to $400) from venture capitalists to grow and expand. It seems the tech bust has hit 12-year-olds as well. This year, none of the businesses have anything to do with technology and include things like wallets made out of duct tape (where can I buy one?) and selling hot chocolate. I think it's interesting to teach kids at that age about business, though I'm not sure I would have really ended up understanding a lot of the lessons from starting a business at that age.

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