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I think before you go around slamming the VC culture in this particular thread, you might want to consider that Jody Sherman was well into his forties when he f
by minimax 14y ago
I think before you go around slamming the VC culture in this particular thread, you might want to consider that Jody Sherman was well into his forties when he founded Ecomom.
- michaelochurch 14y agoSure, which means it was probably his last opportunity to be funded. (Also, I'm 29, so I have no personal issue with age discrimination-- yet. But it will become "our issue" for all of us, and I recognize the time pressure that it injects into all stages of the career game as unhealthy.) Outside of VC-istan, the idea that you face inexorable career decline in your 50s would seem bizarre, brutal, and unreasonable.
- richardjordan 14y agoMaybe. But most entrepreneurs live inside VC-istan. So what happens in the fields of elysium doesn't really matter to us :-/ Sad to say, as someone who just recently passed 40 and is definitely feeling the agism of Silicon Valley up close and personal.
- 23david 14y agoYou're saying that even if 5 years down the road ecomom had turned into a 5x or 10x return for the investors, he still would have trouble raising money for his next idea?
- richardjordan 14y agoI think as the other reply you got to this states. It's not slamming VC culture. It's recognizing a reality. And your point actually reinforces it. Jody Sherman - who committed suicide after all - was under the increased pressure of knowing if he doesn't make THIS one a hit, he probably won't be given another chance. That is part of the whole stress, and the problems related to it, that are in question in this thread.