That makes them sound a bit more predatory than the reality of it but I get what you mean. When you're younger, by definition, you've got more shots on goal, you don't have other responsibilities (mortgage, kids, partners etc.) so you can take more riskier decisions, and you more have to rely on first principle thinking instead of experience (because you don't have any).
Saying that, I would like to see the advice for higher age ranges as I have a feeling more successful startups tend to be around there.
As someone of a higher age, I would suggest that we don’t really need any advice.
I read all his essays long ago, when I was young, and it sounded persuading to me. I think it even influenced me here and there. Now, somewhat a decade or two later, I take it with a grain of salt, and don’t get it as it is. Some things are just quite manipulative. I can read them as someone’s point of view, but not as someone I would even listen to, not to say follow the advice. I know much better for myself and what’s around me.
E.g. a man like me would never go to a VC, it’s a waste of my time and energy, and I can easily earn all the money I need to run my idea till the production. Why would I want anyone like him, to give me money and help grow my idea infinitely? People like him are interested in Unicorns, that’s how he multiplies his money, that’s how the system works. People like me are interested in steady, reliable businesses that actually deliver.
Personally, I’m very disappointed with most of the unicorns I used before. They’re non-existent to me. Hence, I wouldn’t listen to people who follow the Unicorns. I think that’s why we don’t have any advice for a higher age.
I think it’s partially because of the nature of VCs (which is partially why I’d never use a vc but rather bootstrap and fail). If your parent organisation’s goal is a 100x return you don’t mind 9/10 startups burning up in an attempt.
YC in that sense is a full “all guns blazing” thing. It’s generally younger folks who don’t mind eating ramen and don’t have to take care of a large family, and hence are more likely to go into a startup full time. Combine these two and I think you see what I mean.
Btw this isn’t a new criticism of YC/VCs, it’s something that’s been around for a while.
