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by startupper
6948 days ago
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Aruba, Starent, Infinera are hot 2007 IPO's of note that were recently in the news. None of them were started by 20-somethings. I think this site and the referenced bloggers have a software-centric focus. There may well be a significant number of successful 20-somethings in software businesses. But software is a subset of technology and one cannot apply the observations here to technology in general. Consider this: the global market for communications equipment exceeds 1 trillion dollars -- there's a lot of opportunity there for domain specific expertise that often times requires an advanced degree and experience in the industry. Companies such as Qualcomm and Broadcom are other examples where the founders were well-established in their careers, i.e. not 20-something.
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And significant hurdles to market. In some ways you have to have balls to launch a hardware product. In coms, you have to create the software but the physical hardware as well. Much harder than pure software. You also have all the problems of creating & selling physical things, logistics, inventory, packaging. Yet more skills, risk & as you point out, more reward.