32 and over a 100million and counting

Spending money is a fine pursuit, and anyone’s welcome to do it,” said Scott Banister, a close friend of Mr. Levchin’s since college who recently sold an antispam company to Cisco for $830 million and is now working on a social networking site, Zivity, which he describes as a “cross between Playboy and American Idol.”

“But then obviously at that point, you’re spending,” he said, “not producing.”

For more, check here

-http://www.nytimes.com/2007/10/28/business/28invent.html?ei=5087&em=&en=a37ec3773b496f0e&ex=1193803200&pagewanted=print