Rapid VHE variability in blazars

Active Galactic Nuclei (AGN) are known to show significant variability over a wide frequency range. We review observational results on the variability characteristics of blazars in the very high energy (VHE) domain, focusing on recent findings of rapid VHE variability and evidence for an underlying multiplicative driving process in PKS 2155-304. We explore a physical scenario where the variability is assumed to arise due to accretion disk fluctuations transmitted to the jet, and discuss its implications for the central powerhouse.