Seth launched his first company at 13, although it wasn’t as successful or should i say not successful at all, that did not stop him from hitting the jackpot and starting Scvngr Inc , A company that makes game engines that runs mobile phone-based scavenger hunts.

With over 300 clients using the SCVNGR platform for location-based games and tours, also a popular platform with colleges organising different types of tours and activities.

Clients pay anywhere from $500 a month for a small museum license to a one-time fee of $25,000 to run an intricate corporate event.

He recently took a year out from Princeton University to focus on his start-up.

Priebatsch’s other, earlier company, PostcardTech, makes CD-ROMs — mailed as postcards — that play interactive marketing tours. Using chat, he outsourced the manufacturing of the physical product to a plant in Hong Kong when he was 18.