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... and I want "Doing Y Combinator in Your 70's." Is that wrong kids?
by danielnicollet 16y ago
... and I want "Doing Y Combinator in Your 70's." Is that wrong kids?
- RK 16y agoThe startup I was working for until recently (building scientific hardware) was founded by a couple in their 70's. They basically sunk all of their retirement money into it. I can't say that it was the best financial move in the world, especially when the economy went south and you're trying to sell $1M+ pieces of equipment.
- mahmud 16y agoA friend of mine works for a government contractor software shop started by a nana in her later 60s. Except nana was an old-school Fortran programmer and knew her way around Visual Studio. The cuteness wears off within an instant of hearing her speak: she is just another systems architect robbed of all innocence by decades of requirement analysis and systems integration. I also met another lady in her late 60s at George Mason university. We chatted up at the library checkout line, and I ended up getting lectured about mobile proof carrying code by someone in a christmas sweater, and bifocals left barely hanging on her nose. My 1337 credentials took a hit that day.
- Tichy 16y agoCome to think of it, they are in a similar position as the young kids: very little risk. What do they have to lose? They might not need that much money anymore.
- Symbol 16y agoI have no numbers in front of me, but I'm sure cost of living for over-65 is greater than for under-25, if only in terms of health care costs. It's subtly worse than that however: the 22 year old can roll that experience into their resume and make themselves more attractive to future, traditional employers. Talk to any out-of-worker 60 year old, and you'll hear tales of woe about ageism and "too experienced".