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Rise of Adolescent CEO's
By siliconindia
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Thursday, 23 February 2012, 02:13 IST |
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Andrew Hsu, Airy Labs
Age: 20
Hsu is running the educational social gaming company, which raised $1.5 million. But the company had recently laid off some employees and is facing some problems.
According to Joe Kraus of Google Ventures, which supported the airy labs, “the big problem with young entrepreneurs is the business references they don't understand because they are too young to be aware of them.” He also noted that internet business is the hot spot for these new entrepreneurs as it require a relatively little capital.