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> you just couldn't convince your friends to join and therefore can't be trusted As you grow older, the number of friends who can afford to take financial risk
by vishnumohandas 6y ago
> you just couldn't convince your friends to join and therefore can't be trusted
As you grow older, the number of friends who can afford to take financial risks reduces because they will have components such as family and kids to factor in.
It’s sad that such gospels exist to make lives more difficult than it already is for founders who are 35+.
- klaaz0r 6y agoThis, it get's overlooked so much. It feels almost arrogant when a VC thinks like that. Yes I can get some friends working parttime on my startup but going fulltime? They also have rent to pay. But I also think lot of pitch decks witha team slide contain parttimers but just don't tell the VC.
- noychery 6y agoAuthor of the article here. Exactly! Sad that Paul Graham is the one who said that specific thing. I wonder if his opinion changed over time
- logicslave 6y agoThis is why older founders have higher success rates, people who are over 40 with the financial means to take a risk like starting a company are probably outliers already in their age group