30 AND UNDER: Rising Stars In NY Tech Who Find Hot Startup Deals And Manage Millions Of Dollars

CeCe ChengCeCe Cheng is director of First Round Capital's Dorm Room Fund

When you're a venture capitalist investing in startups, it takes about seven years to know if you're doing a good job or not. That's how long it generally takes for a startup to exit and for you to know if you made a great investment or put money into a major flop.

There are a bunch of 20-somethings in New York who are helping source deals for their firms. They're taking board seats and being handed millions of dolalrs to find the best new companies around.

A few 20-somethings have left traditional firms and raised tens of millions of dollars to start their own funds.

We rounded up a list of people who have already accomplished a lot in the New York startup scene. If they keep at it, they could become the next Ron Conways, Fred Wilsons and Bill Gurleys.