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The Average Founder Ages 6 Months Each Year

tomtunguz.com

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Re: The Average Founder Ages 6 Months Each Year

#17

It'd be interesting to see how this correlates across markets in different eras of history. At the core, being a "founder" (as cringe as the cult around that word has become) is about accumulating capital. As technology advances it becomes more capital-intensive to create. You outcompete other businesses based on how advanced your technology is. Older people generally have more money even if for no other reason than…

I don't think technology is a linear progression towards more and more capital intense businesses.

Software businesses in the 2000-2020 era were famously capital light. Much more so than the technology businesses that came before them. I think these extremely capital light businesses were an aberration that briefly lowered average founder age and now we're just reverting to the mean.

Yes, AI is capital intense, but many of the world's previous technological endeavors were also capital heavy.

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