Silicon Valley's Baby CEOs Are Younger and Richer Than You

"While little data on the phenomenon exists, venture capitalists say they are funding more chief executives under age 21 than ever before," reports Reuters' Sarah McBride.

"While little data on the phenomenon exists, venture capitalists say they are funding more chief executives under age 21 than ever before," reports Reuters' Sarah McBride.

After a steady diet of The Social Network and other more candid profiles of Mark Zuckerberg, we're used to reading about shockingly young founders of Silicon Valley companies, but as Reuters points out, these underage CEOs face some challenges their older peers and colleagues don't:

Josh Buckley, chief executive of an online gaming start-up, is looking forward to next month's Game Developers Conference in San Francisco, particularly for the parties and the accompanying schmoozing with industry A-listers.

Buckley, who will turn 20 this week on February 22, may be turned away from many of the parties because he is not old enough to drink. His fake ID was recently confiscated, and the two new ones he ordered from a company in China have not yet arrived.

Wait until he tries to rent a car.

Read the entire Reuters piece here.