Look! A cute kid with $6.5 million!
Mary Jane Irwin · 09/20/07 05:03PMAnd a child will lead them — down the garden path. PlaySpan is garnering buzz because its cofounder, 12-year-old Arjun Mehta, hauled in $6.5 million in venture capital (although it's suspected that his father and CEO Karl Mehta is using Arjun as a mere promotional tool). Talk about a startup in need of adult supervision. Arjun makes teenage entrepreneurs like Jessica Mah and Comcate founder Ben Casnocha look like pikers. The founder's age, however, is distracting reporters from the real question: Why did this company snag so much cash?