Re:Welcome Peter
by chatmasta on Tuesday March 10, 2015 @07:00PM
(#9181366)
I think one reason you don't see a lot of older folks applying to YC is not necessarily for this reason. The most talented older people, the ones who would be getting into YC anyway, presumably have been in the industry for 20 years. When you've been around that long, you tend to already have plenty of connections. You're already tapped into the silicon valley network. So why bother going the route of YC if you can already secure meetings with investors without them?
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That's an interesting and I think valid point. Older people tend to find it easier to raise money just on their own, make connections on their own, etc. They also have more experience, so they need less mentoring.
Maybe they just don't need accelerators as much, therefore there's no niche for one that caters to that crowd.
Re:Welcome Peter
by TheOtherHobbes on Tuesday March 10, 2015 @08:20PM
(#9181733)
Also more skeptical and less willing to hand over equity and control without raw-numbers proof of a significant positive contribution.
The social capital you get from dinners and networking is all very well. But it's not quite enough to provide that proof in an objective business-case sense.
Re:Welcome Peter
by vincentleeuwen on Wednesday March 11, 2015 @01:14AM
(#9182699)
Seems like a valid reason, but this doesn't apply to anybody outside the U.S. though.