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In fact I think this whole story indirectly shows a deep flaw in the structure of markets. We all realize middle aged people tend to have families and more fin
by datashovel 11y ago
In fact I think this whole story indirectly shows a deep flaw in the structure of markets.
We all realize middle aged people tend to have families and more financial responsibilities as they get older. But it's these years IMO where a person is truly most capable to make a dent in the world.
So we practically lose an entire demographic (the most capable demographic) almost when it comes to disruption. All you get are the people who have risen to the top (VCs) and the people who are just entering at the bottom (just out of school) who participate in this endeavor.
Granted that's making several assumptions, but in general I think one could make a case that this is a flaw that we can't integrate this demographic into more disruptive ventures.