As x9k noted on /r/netsec (http://www.reddit.com/r/netsec/comments/1f3bt1/17_years_old_...)
* a 12 years old found a stack overflow bug in firefox's document.write, in 2010: http://www.mercurynews.com/san-jose-neighborhoods/ci_1640189... (https://news.ycombinator.com/item?id=1822117)
* "Pinkie Pie" is an anonymous teenager, he won $60k at Pwnium, and did it again at Pwnium 2
* @CimStordal, 15 (at the time), found XSS in Facebook, Apple, Google and Microsoft sites: http://www.internet-security.ca/internet-security-news-archi...
Tech has always been filled with teenagers discovering things, now more than ever. Most bounty handlers treat them as valued contributors, Paypal — as usual — shits all over everything.
Kudos for them being honest with both the bug and their age regardless.
The future is probably filled with teenagers discovering things, good and bad.
Teenagers are still prosecuted as adults but legally treated as less for other responsibilities.