Money | college Killer Companies Started By College Kids Time, Reddit, and other smart ideas By Kate Seamons Posted Jun 5, 2010 2:00 PM CDT Copied Time - the brainchild of a couple of kids. (AP Photo/Mark Lennihan) Turns out you don't have to suffer through a 6-hour graduation ceremony before you can make a splash in the business world. The Huffington Post lists 10 really impressive companies started in college: Time magazine: Yale seniors Henry Luce and Briton Hadden dreamed up the idea of a newsweekly, and founded it when they were both the ripe old age of 23. Reddit: The phrase "reddit" apparently just popped into then-22-year-old Alexis Ohanian's mind while at a University of Virginia library in 2005. He sold his social news site to CondeNast a year later. Insomnia Cookies: One of those so-simple-it's-brilliant ideas, this late-night cookie delivery company, founded by University of Pennsylvania junior Seth Berkowitz, in 2002, is successfully eating away at the monopoly pizza has held on the wee hours. FedEx: Another smart idea from a Yale student. Frederick W. Smith wrote a term paper that imagined an overnight delivery service. Then he created it. Click here for the full list, which, yes, includes Google. And Facebook. Read These Next New Fox star, 23, misses first day after car troubles. Iran's supreme leader makes first public comments since ceasefire. Man accused of killing his daughters might be dead. Her blood isn't compatible with anyone else's. Report an error