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I'm going to guess--I have no proof--that entrepreneurs over 50 tend to be looking for a technology to meet a specific market need that has been eating at them
by SiVal 14y ago
I'm going to guess--I have no proof--that entrepreneurs over 50 tend to be looking for a technology to meet a specific market need that has been eating at them for a long time, while those under 25 are more likely to be looking for a market need they could address with the brand new tech skills they've been developing.
If I'm right, they could make pretty good partners.
- ignostic 14y agoThere's some good research showing that such diversity leads to more conflict, less productivity, but better and more creative decisions. If I had to choose between productivity and a better/more creative outcome in the startup world, I'd personal think the the good, creative decision would be more important. (More studies: http://bit.ly/ZBpsxJ http://bit.ly/ZBpsxJ)
- pmarca 14y agoWe tend to see the opposite. The high-quality young founders tend to be pursuing a single great idea. The high-quality older founders tend to decide to start (another) company first and then try to figure out an idea worth pursuing. The fact that the older founders tend to have more domain experience helps them with this strategy.
- SiVal 14y agoAh, interesting point. This isn't quite the opposite of what I was saying, but it's definitely different. You're saying the youngsters are passionate about solving a specific problem, which is opposite of my speculation that the oldsters have the problem in mind. But you aren't saying that the oldsters just want a vehicle for their technical skills, you're saying they want a vehicle for their business skills. Interesting observation....