3 ms·
It's largely driven by the investors. People in their early 20's are maybe 25% less likely to have a successful startup, but 50% more likely to give away equity
by themanmaran 3y ago
It's largely driven by the investors. People in their early 20's are maybe 25% less likely to have a successful startup, but 50% more likely to give away equity.
So from a VC perspective, you have a riskier asset but greater ownership.
- danielvaughn 3y agoInteresting, never thought about it from that angle.
- derekp7 3y agoNot only that, they also have less to lose so are able to take more chances, and work more hours to achieve their goals. Which gives the possibility of producing a unicorn. Older people will be more conservative, taking fewer risks, so probably less likely to hit that hyper-mega valuation.
- red-iron-pine 3y agoi.e. we can hustle the noobs and the kids will work like dogs because they haven't been in the industry long enough to know what is normal