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The more interesting question to me is which age demographic does better with less funding. Web 2.0 companies may be just "features" but the great thing about t
by mburney 17y ago
The more interesting question to me is which age demographic does better with less funding. Web 2.0 companies may be just "features" but the great thing about them is that they require barely any investment. In fact, a young person without any commitments (family, mortgage, etc.) and enough determination could figure out a way to do a startup with no VC investment at all. Could an older entrepreneur with a lot of commitments do a startup with such little investment? Probably not.
- ojbyrne 17y agoI understand the constant mention of "commitments" but sometimes older people actually have less - mortgage might be paid off, they might be "empty-nesters" with no kids, while younger people often have student loans to deal with. Plus older people might actually have _savings_.
- skmurphy 17y agoA team of older entrepreneurs can bring much more social capital and domain knowledge to a startup. In a B2B startup both of these can make quite a difference.