Ideas look niche when the companies are starting out. As Peter Thiel says, you first want to dominate a small market. Most great companies were derided for fo

Ideas look niche when the companies are starting out. As Peter Thiel says, you first want to dominate a small market. Most great companies were derided for focusing on a small niche when they first started. I think the average age has risen something like 3 years over the past 10 years. Part of it is that we're funding companies in other spaces. I bet the average age for founders of Internet/mobile startups hasn't moved much.