Co-Founder And General Partner
CurrentDo recent college graduates or seasoned professionals make better founders? I’ve heard arguments for both sides. Some investors prefer younger founders that have fresh perspectives and don’t often need to worry about a spouse, children, nor a mortgage. They see startups with older founders as a negative predictor. “Like any savvy marketing executive, he wanted to isolate patterns that portended ill, which he called ‘negative predictors.’ He was already aware of a few — investors tended to be biased against older founders, for instance. ‘The cutoff in investors’ heads is 32,’ [Paul] Graham says. ‘After 32, they start to be a little skeptical.’” https://lnkd.in/gGvqZwSVOthers value the prior work experience and the network of friends that older founders have acquired during their careers. Research using data sets from the U.S. Census Bureau backs this up. “Among those who have started a firm, older entrepreneurs have a substantially higher success rate…. Although there are many other factors that may explain the age advantage in entrepreneurship, we found that work experience plays a critical role.” https://lnkd.in/euYmCccI believe in the benefits of age and experience. At Acquired Wisdom Fund (AWF.VC), our goal is to help seasoned professionals create scalable technology products. AWF.VC invests in early stage tech startups at the pre-seed and seed stage. As software generalists, we don't focus on any particular vertical, investing in both B2B and B2C startups. Great founders can look like anyone and come from anywhere, so startups seeking to pitch AWF.VC do not need a warm intro and can simply fill out the form on our website.https://awf.vc/
