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Nope. In fact, many VCs (Khosla, etc) are quite open about the fact that they are unlikely to fund you if you are over 25.
by ootachi 15y ago
Nope. In fact, many VCs (Khosla, etc) are quite open about the fact that they are unlikely to fund you if you are over 25.
- bootload 15y ago"... many VCs (Khosla, etc) are quite open about the fact that they are unlikely to fund you if you are over 25. ..." The balance of power might make it easier to deal with 25 year olds who may grasp at any opportunity, compared to 25+ who bargains harder?
- greenyoda 15y agoLots of businesses (most small businesses, perhaps?) start up without the help of VCs.
- helmut_hed 15y agoI don't know what Vinod Khosla has recently said regarding his preferences for founder age, but his firm's recent track record of funding is public knowledge. Here's the last three fundings listed on Kleiner Perkins' website: 1) 2012-01-24 Elance, CEO Fabio Rosati, age not listed but he "has 20 years of experience in the services and technology sectors", so likely late 30's at the youngest. 2) 2012-01-17 AppDynamics, CEO Jyoti Bansal, age not listed but BS from IIT in 1999 so probably around 30 3) 2012-01-10 Klout, CEO Joe Fernandez, graduated with double major in CS and finance 2000 so also about 30 I'd be interested to know where the anecdote about not funding people over 25 came from.
- ootachi 15y agoKhosla didn't say 25, my mistake -- he said 35: http://www.washingtonpost.com/national/on-innovations/the-case-for-old-entrepreneurs/2011/12/02/gIQAulJ3KO_story.html http://www.washingtonpost.com/national/on-innovations/the-ca... The 25 quote comes from an unnamed VC quoted by Michael Arrington in this story: http://techcrunch.com/2011/04/30/internet-entrepreneurs-are-like-professional-athletes-they-peak-around-25/ http://techcrunch.com/2011/04/30/internet-entrepreneurs-are-...