From left, Rob Pazornik, Blake Ross, Seth Sternberg, Chad Hurley, Mark Zuckerberg

An excitable feature, in the Rolling Stone, on the 'Young Guns', an invite-only cabal of the most powerful under-thirty-year-old mavericks in town: ah, it must be that point in the cycle, again. The point at which some young entrepreneurs have been bought out, so the wealth isn't entirely notional. So New York media wakes up, as it does every seven years or so, to the fact that money's being made in Silicon Valley, and then struggles desperately to find a colorful scene. Rolling Stone puts four of the Young Guns at the Redwood Room in San Francisco's Clift Hotel, which is like a Manhattan lounge, but with totebags. The one quote that rings true: "Social life?" says one of them. "This is it." For the Young Guns themselves, speaking about their secret society:

Gregarious group's founder is Yalie jock, Rob Pazornik, 26, creator of an online shopping startup called LicketyShip, that seems to have emerged from a business school project. "We got sick of hanging out with older guys," he told Rolling Stone's reporter. "All they talk about is mortgages and nannies. It's like hanging out with your dad's friends."

Sweaty Blake "Microsoft Killer" Ross, 21, is the serious one. He says, from under his pubescent mustache: "What the old guard is missing is that this doesn't feel like a revolution to us. It feels like common sense."

Chad Hurley, wisely, didn't show up on the night in question. He's about to be booted from the club for being married, but he'll probably dump them first, now that, after the sale of Youtube to Google, he has real money, rather than Rolling Stone notional billions.

Menschy, curly-haired Seth Sternberg — I think Rolling Stone is calling him Jewish — is founder of Meebo, the instant messaging platform.

Slight, redheaded Mark Zuckerberg of Facebook, is wearing ratty jeans and zebra-striped Adidas sandals. Those sandals, again. Not clear whether he's the Young Gun who said: "I can't spend any money on transvestites tonight," one deadpans. "My venture capitalist wouldn't be happy."

The full story's in the print magazine, but there's an excerpt, here: The Baby Billionaires of Silicon Valley.