surprising trend: for years it felt like a substantial fraction of the most impressive tech founders were under 28 or so. in the past few years, very few of them are. what changed?

Sep 17, 2022 · 8:48 PM UTC

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(i think crypto is part of the story, but definitely not all of it)
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Replying to @sama
Overprotected spoiled youth that doesn’t want to work anymore and that thinks they get everything without any effort.
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Replying to @sama
Young people don’t aspire to be founders anymore, they aspire to be tiktokers or YouTubers
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Replying to @sama
Low hanging fruit has been picked, applications are going deeper (and will be more impactful) requiring understanding of the problem (which on the enterprise side requires experience with the problem).
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Replying to @sama
Their age.
Replying to @sama
It’s very simple actually: Young + Broke = Fearless Middle aged + money = Content Younger people are more likely to risk Younger founders will always have the riskier outlier approach which when works creates great returns As for the past “FEW” years … well Covid Duhh
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Replying to @sama
Golden tethers. The same tech founders paid the next generation incredibly well, and loaded with amazing perks... satiating one's hunger can be an incredibly effective killer of ambition.
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Replying to @sama
They're staring at crypto and meme stock charts all day, or TikTok
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Replying to @sama
“Older” founders who are coming off of a decade+ bull run feel more comfortable taking big swings. I have a lot of friends in this boat.