With all the focus on AI these days, we tend to forget about that other tech obsession: youth.
Never mind the plastic surgeries or as The Wall Street Journal reports, “To combat fears of aging out of the workforce, men in tech are splurging on face-lifts, neck lifts and eyelid lifts, say plastic surgeons…Tech is a young person’s game.”
Unless you look at the fact:
How many times have we heard that the VC model is broken? Of course everyone is looking for a unicorn and the big pay-off, but considering the rate of failure of startups, are investors missing the forest though the trees?
That’s not the only disconnect. Again, pay attention.
We found an interesting piece from a few years back (2017) about investing in zebras (Zebras Fix What Unicorns Break), as opposed to unicorns which, let’s face it, are mythical creatures after all, while are zebras slow but steady growth companies that tend to solve real world problems, as opposed to a unicorn such as, for example, Google, which has created more problems for the world than it has solved. That sort of software isn’t eating the world, as Marc Andreessen once said: it’s more or less attempting to chew it up and spit it out.