[jessegreathouse]

It's a different story when you've got nothing to lose. When you've already got a successful career and a life savings it's turning into a gamble that's just not worth it. The unfortunate thing is that the world needs more mature founders, and less college grad types.

[cookiecaper]

I agree. This is one of my biggest problems with the current VC system: it excludes founders that have experience and judgment. I would even posit that founders who have a family to support are more likely to want to keep the company stable than a single 20-something.

You have to wonder if there are any reasons other than lower salaries that VCs prefer to work with young, nothing-to-lose types.

[ktRolster]

it excludes founders that have experience and judgment.

Those are the ones with money.