Ever-younger entrepreneurs

The Boston Globe reports:

Zaid Farooqui cofounded Web design company Cyquester Technologies and hired an employee in India for $400 a month - when he was in the ninth grade.


Steven Bao sold a Facebook program to a Silicon Valley venture capitalist and started the Facebook Developers Meetups in Boston this summer, while reading "The Grapes of Wrath" for 10th grade honors English.

There have always been ambitious young entrepreneurs - Bill Gates dropped out of Harvard University to build Microsoft, and Larry Page and Sergey Brin left a PhD program at Stanford University to launch Google.

But thanks to cheap bandwidth, online advertising, broadband access, and the ability to spread ideas through blogs or social networks, even younger people with little funding and few connections have been starting Internet-related companies in recent years.

No word yet from the AFL-CIO about the age issue here.