It's a Fantastic Time to be an an Entrepreneur in your 30's said The Venture Therapist in his 40's.
Britney may be a bit young to be an entrepreneur, but it seems I'm in my prime according to Fred Wilson's back of envelope just catching a plane but let me crunch u the median stats* : "But the facts are pretty eye opening. Nine of our eleven entrepreneurs are in their 30s. One is in his 20s, and one is in his 50s."
Which if i can talk from first hand experience, after 12-13 year of online "work experience" you want to do something for yourself / have a real test / look mom no hands... and u arent necessarily young, dumb and full of distractions. "You got the hunger and the itch boy.") As Mr Calacanis says, it's about this age it becomes important to hit a home run for real, or for an Australian analogy, win the World Cup or AFL premiership. (and of course there will be the twentysomething superstars who us haggard 30something web 1.0 "veterans" like we are returning WW2 soliders, dont want to be wipper snappered by)
Mostly it's about proving you can to yourself. And fixed salary as the primary means of remuneration also isn't reallly geared at an alpha performer. (alpha in their own state of mind.. many entrepreneurs may well be more suited in a large company with all the safety latches that exist.. The grass is always greener no matter what u do as i say.. said the entrepreneur to the private equity said to the hedge fund dude.
* I can already see the research study comparing size of amount invested by 2.0 VC with age of entrepreneur eg Y-Combinator : 20's. Union Square : 30's. Kleiner : 40's :)
Which if i can talk from first hand experience, after 12-13 year of online "work experience" you want to do something for yourself / have a real test / look mom no hands... and u arent necessarily young, dumb and full of distractions. "You got the hunger and the itch boy.") As Mr Calacanis says, it's about this age it becomes important to hit a home run for real, or for an Australian analogy, win the World Cup or AFL premiership. (and of course there will be the twentysomething superstars who us haggard 30something web 1.0 "veterans" like we are returning WW2 soliders, dont want to be wipper snappered by)
Mostly it's about proving you can to yourself. And fixed salary as the primary means of remuneration also isn't reallly geared at an alpha performer. (alpha in their own state of mind.. many entrepreneurs may well be more suited in a large company with all the safety latches that exist.. The grass is always greener no matter what u do as i say.. said the entrepreneur to the private equity said to the hedge fund dude.
* I can already see the research study comparing size of amount invested by 2.0 VC with age of entrepreneur eg Y-Combinator : 20's. Union Square : 30's. Kleiner : 40's :)
posted by redbarren at 8:10 PM
<< Home