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by aje403 2985 days ago
Agreed.

Unfortunately, delusions of grandeur and a unicorn VC culture convince average young people into believing themselves to be power law founders with power law ideas. Thankfully that has changed a bit and it looks like the miracle men are moving into blockchain. In reality, billion dollar+ ideas are rare, and clever, delusional, and young people are a great fit for the helm.

When you're older, you have domain knowledge, leadership experience, and want to take linear risks, not "sacrifice one of the remaining chapters in my life for that chance".

1 comments

“Nothing defines humans better than their willingness to do irrational things in the pursuit of phenomenally unlikely payoffs. This is the principle behind lotteries, dating, and religion.” (Scott Adams)
Nothing more true than that. Except I'll add that people become a bit more disillusioned by experience and willingness to take risk as they get older - at least maybe with dating and startups, maybe not lotteries and religion