Sure, but kids and parents are not immune to the media's filter bubble. Young programmers might feel pressure to emulate celebrity wunderkids instead of following their own passions.
The media are part of the hype machine but they aren't responsible for investing in companies like Summly, holding demo days, running weekend hackathons, acqui-hiring or bringing on board token celebrity investors... are they?
I just heard of Summly for the first time yesterday, it seems like their recent fame has come greatly as a result of the purchase by Yahoo!
But I can't judge as I haven't been closely following the story. Is there any general consensus on the funding as a good or bad idea?
For the record I really like their promo video. It shows off the product with a bit of witty comedy. I just couldn't find myself using it, and I don't know how it'll fit into Yahoo, but definitely a fun app.
Are you criticizing the startup scene for its salivation over youth entrepreneurs? Or are you now shifting your criticism to things like acquihires and celebrity investors?
I find nothing wrong with hacakathons and acquihires, personally. As for celebrity investors, if a social media startup feels they need that kind of marketing / media attention, good for them.