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by clinton_sf 4474 days ago
I don't see this as a "youth" problem. To reframe the discussion, this is about the ever present cycle of innovators that become incumbents and innovators that disrupt incumbents. If you haven't heard of Clayton Christensen's book, The Innovator's Dilemma, it's a good read.

While some of the people mentioned in the article are young (Bicket and Miswas of Meraki are in their 20s/early 30s), other entrepreneurs in the news today are not: Acton and Koum of WhatsApp (recently bought by Facebook for $19B) are in their late 30s/early 40s.

Google's founders, Larry and Sergey, are 40.

Twitter: Jack Dorsey is 38. Biz Stone is 40. Evan Williams? 42.

Steve Jobs' best work at Apple was when he was in his late 40s/early 50s. Arguably, the success of Apple today is due to Steve's leadership, not due to the company being saved by some young person who breathed new life into the company as this quote from the NYT article suggests: "The most innovative and effective companies are old-guard companies that have managed to reach out to the new guard, like Apple". (If you disagree with this, look at Apple between 1985-1997 and 2011-present, where plenty of young (and old) people worked at Apple)

To simplify the claim here: there are those who know how to adapt to the current situation and those that don't (or can, but don't care). Some of those who know how to adapt are "old guard" and some are "new guard" -- it's not the age that is the determining factor.

As for other items in the article, like the lack of young people "help[ing] cure cancer or fix healthcare.gov", there are plenty of old (older) people who don't want to work on those problems too.

As for the claim that startups are the bastion of youth, that's not true either. I see plenty of 40-something founders and startup employees. While young startup people can easily afford to do a startup because their financial commitments are low (e.g., no mortgage or family to support), the older folks tend to do a startup for a similar reason: they've earned and saved a chunk of money where they're no longer worried about money and they can take on more risk.