Child Geniuses Find A Home

"When you look at underachievement, the group that is really under achieving are the very bright kids because there is the greatest difference between what is offered of them and what they can do."
Jan Davidson

(CBS) What do you do when the little company you founded turns into a billion dollar buyout and you still have much of your life ahead of you?

"We were at the right place at the right time and we’re very fortunate," Bob Davidson remarks.

As CBS News correspondent Jim Stewart learns, for Jan and Bob Davidson it all started in 1982, when they bought one of the first primitive personal computers, and then wondered, why can’t you do more than just play games on these things?

"There was supposed to be some educational software, but it was terrible, I mean, it just didn’t work well, and it wasn’t accurate. It was horrible," Jan recalls.

So she started tinkering and it wasn’t long before Jan had what she calls her "Aha Moment."

Her creation became a breakthrough product: teaching kids math in the guise of a game they called "Math Blaster."

In 1997, the Davidsons sold their company for a very large sum, or, as Bob Davidson says, "Well, more that we knew what to do with, let’s put it that way."

And what have they done with all that money? Well, that’s where the story really gets interesting.

They’re giving it away, and not just to anyone, but only to the certifiably brightest young geniuses in America. They call their program the Davidson Institute for Talent Development.

Davidson Institute for Talent Development. http://www.ditd.org/

Full Story: http://www.cbsnews.com/stories/2005/10/30/sunday/main994824.shtml