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That's a silly, misleading, and self-serving statement Leone made. The reason guys like him target 20-somethings is the same reason con artists target the elde
by chris123 17y ago
That's a silly, misleading, and self-serving statement Leone made.
The reason guys like him target 20-somethings is the same reason con artists target the elderly. They are vulnerable.
In the case of 20-somethings, they're vulnerable because they are still green/naive. All they see is some friendly dude with a slick pitch who knows how to throw around a few buzzwords and sound smart to their virgin ears.
They don't yet realize that 99% of VCs are reading from the same used-car salesmen's script, jumping on the same latest-and-greatest bandwagon, and generally trying to position them for an *ss f-ing. You can do that to a 20-something. Not so much to a 30 or 40 year old.
I'm exaggerating and using loaded language for effect and spice, but that's the crux of the biscuit.
Cheers!
- chris123 17y agoGot an interesting reply and links from guest TechCrunch writer connected with UC-Berkeley, Harvard, and Duke: http://www.siliconbeat.com/2010/01/05/the-innovation-age-bias-at-sequoia-capital/#comment-8868 http://www.siliconbeat.com/2010/01/05/the-innovation-age-bia.... Bottom line was: "You have explained why."