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One Young Entrepreneur's Million-Dollar Idea in Mobile Gaming

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This story appears in the January 2012 issue of Entrepreneur. Subscribe »
High score: Seth Priebatsch wins big with Scvngr.
High score: Seth Priebatsch wins big with Scvngr.
Photo© Webb Chappell

In the fall of 2007, Seth Priebatsch was a freshman at Princeton. A year later, he dropped out. By 2011, he was head of a company valued at nine figures.

The 23-year-old is the self-proclaimed "chief ninja" of Scvngr, a real-world, location-based gaming system, and its new mobile payment service, LevelUp. Priebatsch's record of entrepreneurship stems back to high school, when he ran a print manufacturing startup called Postcard Tech. He cut his teeth turning out college applications while managing factory operations in Hong Kong and a distribution center in Boston.

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