Bias against older people? |
Bias against older people? |
I'm curious: Do you even require the massive doses of caffeine?
Assuming I come up with a convincing idea/prototype and a co-founder, what are my chances of getting funding from Y Combinator? Will there be a bias against me because:
(negatives) 1. I'm 32 2. My experience is no start-up experience 3. My experience has mostly been in enterprise s/w, which according to PG is not software :)
(positives) 1. Determined 2. Reasonably smart :) 3. Willing to risk my career/lifestyle
I would love to get Y Combinator funding because, it will give me the connections and credibility I need for VC funding.
I know that eventually it depends all on my idea/prototype/team, but I'd love to hear your thoughts. Startup school did nothing but deepened my fear that 30s are not so welcome. At least not the ones who haven't done anything significant in their lives before.
Is it too late guys?
That's not a very "founder-y" type question. If you're relying on external approval and motivation you're going to have a hard time shouldering a startup. Fierce determination means not letting anything (including age or "rules") stop you. Joe Kraus is fond of saying: "The beginning of the discussion is when someone says 'no' -- that's where the fun begins."
Why don't you save up, build your startup prototype, get users loving it, and THEN give YC or a VC a call. There's nothing like hard evidence you have a clue to get someone's attention.
I'll be a bit harsh and suggest you might just be searching for an excuse why you can't do it.
By the way: PG and co. were around 30 when they did Viaweb.
Build it on the nights and weekends. If you need to keep your day job, do so. If you've never run a business before, start at least a small one. You don't have to go whole hog in a bet the farm type situation... if your wife stays at home, a small home base business might just be the ticket (software or not...) The reason I advise this is a business, any business, will put you thru the business school of hard knocks... and it might be easier to learn those lessons on a venture that has a lower risk of failure rate.
Despite the admonition against single founder businesses, there's nothing to stop you from building something on your own. Don't wait for a co founder to show up (or build the lower risk business while you're waiting.)
I think finding a cofounder is like finding a wife- you can't order one thru the mail.
Your deterimination is a bigger factor than any of the pluses or negative you listed (well, and you can program.)
For what its worth, I'm 38, have been working for startups since 1991, started my first company (and online service that was also a franchise) in 1994, and sold it in 1997. That was my MBA. And for a programmer, dealmaking may seem weird or too "social"... but doing it helps you develop a taste for it, and doing it in any form makes it easier.
So you absolutely, positively should start a business, any business. I think you might be too late for YC this summer, so finish the year with a working prototype of a product... I'm sure that helps in your application for the next round of YC. But if not that, start something.
Being in your 30s is not a problem. Read PG on that subject.
The important thing is: what have you built?
By the way, the light-gray-on-white font in the comment field bugs me.
My totally useless guess is that as a baby you'd need the most sleep, and around early 20's things would start reversing the other direction. That seems like a pattern in other body functions.
Anyone less ignorant have some real information?