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> [...] because the VC and support and resources all go to the 26-year-old with powerful (inherited) connections. Really? Do you really think this is so? Is y
by selmnoo 13y ago
> [...] because the VC and support and resources all go to the 26-year-old with powerful (inherited) connections.
Really? Do you really think this is so? Is y combinator, in that case, rigged? Because as you know pretty much all graduates of YC are practically promised some sweet funding money from investors all around -- and it seems (so far to me) that getting into YC is less about connections and more about having a thing that can actually make money.
I think the reason more 26 year olds are succeeding in this game is that they've grown up in a world filled with computers, and their intuition (in a broad spectrum of tech-related things) is simply better and greater than the 50 year olds'. They know better than 50 year olds' what model of mobile payments is more likely to be popular with their peer-aged 26 year olds, what kind of ad strategy is more likely to be effective for the key markets (which are generally younger, speaking in terms of the big money), and so on. They're just better positioned in the tech world to succeed because of these natural coincidences. That's really all there is to it. Where do you disgaree?