IIRC, about four years ago you made the point that if grad students can start companies, undergrads can too. Some time later, I believe you implied that you'd g

IIRC, about four years ago you made the point that if grad students can start companies, undergrads can too. Some time later, I believe you implied that you'd gone too far, and undergrads generally weren't as ready as you'd thought. I think one of the reasons you once mentioned was that people who'd worked for a while had experienced how much it sucked, and this made them more determined or desperate when they ran their startups. That first point was in an essay or talk, but the second might have been somewhere else. Maybe "backtracked" wasn't the best word (backpedaled, maybe?), because I'm not saying you completely reversed your position and started rejecting all young people, but I hope it's clear what I'm getting at. Here is the talk: http://www.paulgraham.com/hiring.html http://www.paulgraham.com/hiring.html And this might be the other thing I'm thinking of: http://www.paulgraham.com/mit.html http://www.paulgraham.com/mit.html