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by excitom 4135 days ago
As someone who has spent almost 40 years in high tech, and who has founded 3 companies after 30 (one after 40), I just don't buy the B.S. that you've over the hill after your 20's. I think any V.C. that buys that hype is going to miss out on enormous opportunities.

Part of the thinking is that once you marry and have a family, then 100 hour work weeks are out. Well, setting aside the discussion of quantity v. quality of work, now that my kids are out of school and out of the nest I'm free to work the long hours again, but this time around I have a wealth of experience and wisdom to bring to the table as well as the hours.

2 comments

VCs don't buy that hype. They just know that young founders are more likely to be convinced that VCs are mentors and follow their guidance easier than guys in their 40s. The VCs will own more of the company, and have more board seats, and have more influence, all for less output of cash.
I can also say, as a 35yo co-founder who works with a bunch of 20-somethings, I am WAY more focused and productive than them. Not their fault, this came with time in stress-filled work environments and the natural maturing of my personal life. I can do in 8 hours what they do in 12, on a regular basis.