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> they avoid investing in anyone who has had so much of a faint whiff of how the sausage gets made. Not actually the case. The average Silicon Valley founder i
by jahewson 3y ago
> they avoid investing in anyone who has had so much of a faint whiff of how the sausage gets made.
Not actually the case. The average Silicon Valley founder is in their 40s. It’s just the young ones that get all the press (because they need it).
Why is it that investors actively seek out starry-eyed individuals?
> Apart from the fact that pessimists are not founding companies, the answer is: narrative. There’s a ready-made place in our society for the hero’s story - the lone individual who (like ourselves) is special and has a unique vision. We have multiple millennia-old religions based off this same narrative. It works. It gets press, it gets followers. Humans naturally take any boring story and fashion it into this shape if they can. It takes the large, confusing, abstract or confusing and makes it personal.