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Entrepreneurs, The Clock Is Ticking On Your Career

chrisyeh.blogspot.com

21–30 of 71 posts

Re: Entrepreneurs, The Clock Is Ticking On Your Career

#21
I just have one question for the OP. Why would you do this: http://i.imgur.com/RqxZ7.png

I saw this thing pop-out and was immediately distracted, and then annoyed, and then lost my place.

Why would you distractingly lure me to one of your other articles, where I'll probably be distractingly lured to another one of your articles...

I'm not a mouse.

Re: Entrepreneurs, The Clock Is Ticking On Your Career

#22
Ageism is an interesting thing. When I was at Google I was certainly pulling up the median but I didn't feel particularly singled out (perhaps after having to pay Brian Reid that sort of stuff got stopped), but it is a place that many people accuse of ageism. I saw something different.

One of the engineers at Google mentioned at lunch an "insanely great" idea they were working on which involved RPC protocols. Having been pretty deep into the RPC wars of the 80's I was naturally interested. His 'insanely great' idea was a self describing protocol, not unlike ASN.1 but with python interspersed. I mentioned that such protocols were quite popular in the 80's with the whole 'distributed objects' meme that was going on and they all largely vanished, but I would love to hear how his was different. Turns out it wasn't different, and his anger at having that wisdom imparted was directed to me, not toward his cool, albeit not exactly new, idea not being practical at scale [1].

Now was he being ageist? I don't think so, just being a kid. Nobody likes to find out that their idea is not novel or workable. People fall in love with their ideas. And a lot of older engineers who I know who have found themselves on the 'outside' of their employers correlate strongly with stories about how the engineering team was re-inventing some wheel.

Understanding that mechanic lead me to conclude that engineers love to create, and as they get older they have been exposed to more and more things. That means the number of new ideas they see starts getting lower and lower as a percentage of ideas proposed. How they respond, often strongly affects how their peers perceive them. If they point out that the wheel is being re-invented and the old wheel is still good enough, they are often perceived as 'stuck in their ways and unwilling to change.' Whereas if they can bring up the issues that were challenges in the previous implementation and solicit help in over coming them, they look visionary.

Problems can occur when a younger engineer gets promoted to 'manager' or 'lead' and they are in a position where they are responsible for a project. Sometimes like a young lieutenant fresh out of OCS they don't know how to trust their Sargents to get things done, they force a process or a course of action on them which is recreating a wheel. That is where things get ugly as the 'greybeard' pushes back and the manager, not having the skills or wisdom, feels threatened and pushes harder. Usually the older guy gets moved out of the group so that it can go fail (or succeed) on its own.

Any well managed company can, and does, apply the skills and talents of anyone qualified to work, regardless of their age.

That being said, from the energy perspective when you pass 50 you come to realize that there isn't a lot to be gained in killing yourself for someone else's benefit. Folks who would take advantage of that, and some VC's do, will avoid you for that reason and argue against hiring folks who understand that truism.

[1] One of the challenges of so-called 'intelligent' protocols is that they impose a compute burden on the endpoint just to see if they are actionable. Historically that has mean that higher transaction rates become compute limited before the the rest of the system, thus wasting resources. Saw an interesting pitch for a TCP Offload engine that could do the execution but the transaction rate limit is a killer at scale.

Re: Entrepreneurs, The Clock Is Ticking On Your Career

#23
post #6

I have experience in a couple of industries where investors would never trust anyone under the age of 40 to run a company, even a startup. It's probably true that the tech industry favors young people, but if you've been an entrepreneur your whole professional life, it shouldn't be hard to transition away from this high tech echo chamber when the time comes.

True even in some tech-related areas. Nobody is going to fund a 24-year-old heading a biotech startup, unless there are pretty exceptional circumstances.

Re: Entrepreneurs, The Clock Is Ticking On Your Career

#25
post #16

I hate the sentiment that 45 is too late. Is there any statistics? Any evidence to support the theory? Not as far as I'm aware. I really wish I could downvote this post.

How about if you have a good idea for a new business venture, do it?

I'm 20, and have no plans to actively start my own business in the next few years. I have no great ambition in that regard, and unless you have such drive, anything you attempt will be less than what could be.

But I know if I discover some new-found passion I wish to venture upon in my 50s, and there is no business established for it yet or that the current king of the hill is in desperate need of a good shake down, I will jump without hesitation into my own start-up venture.

I mean, I hope. 30 years is 150% of my current number of rotations of Earth that I have spent breathing of my own accord.

Re: Entrepreneurs, The Clock Is Ticking On Your Career

#26
post #16

I hate the sentiment that 45 is too late. Is there any statistics? Any evidence to support the theory? Not as far as I'm aware. I really wish I could downvote this post.

It's never too late...but it gets harder.

None of us likes to think about getting old. "Old" is always 5-15 years older than we are. That's why we don't realize the danger of ageism until it bites us on the behind.

Re: Entrepreneurs, The Clock Is Ticking On Your Career

#27

I just have one question for the OP. Why would you do this: http://i.imgur.com/RqxZ7.png I saw this thing pop-out and was immediately distracted, and then annoyed, and then lost my place. Why would you distractingly lure me to one of your other articles, where I'll probably be distractingly lured to another one of your articles... I'm not a mouse.

I think it's a tool I installed while looking at a company as a potential investment. I'll try to figure out how to turn it off.

Re: Entrepreneurs, The Clock Is Ticking On Your Career

#28
I just turned 47 last week, and I'm just about established with my first startup. It took several years.

Does this mean I should quit and go get a corporate job?

Startups are a numbers game. Just know that and work the system. Don't fret with how old you are, where you live, or any other thing that you have no control over. You were dealt cards, now play them.

I would say the article offends me, but it's nowhere close. If anything, from the echo-chamber that SV can be, it probably makes a lot of sense.

But not everybody wants to work a startup-VC life in SV. If that's your thing, then fine: be aware it's an ageist culture and you have an expiration date.

Maybe I'm missing it, but as fast as funding requirements are dropping for startups, this (and SV in general) just doesn't seem that big of a deal anymore.

Re: Entrepreneurs, The Clock Is Ticking On Your Career

#29
post #2

Unless you've hit a home run with one of your startups (which, incidentally, eliminates the need to worry about money again), you'd better start that VC transition before you turn 50. Starting any major career change after 50 is dicey. I'm not sure there's anything special about VC in this regard.

Harry Bernstein began writing his first novel at 93. He published it and gained fame at 96. He published two more before he turned 101. His fourth book will be published this year (posthumously, unfortunately).

Is 50 too late to start a new career? Only if we decide so in our minds.

Re: Entrepreneurs, The Clock Is Ticking On Your Career

#30

I just have one question for the OP. Why would you do this: http://i.imgur.com/RqxZ7.png I saw this thing pop-out and was immediately distracted, and then annoyed, and then lost my place. Why would you distractingly lure me to one of your other articles, where I'll probably be distractingly lured to another one of your articles... I'm not a mouse.

I think it's a tool I installed while looking at a company as a potential investment. I'll try to figure out how to turn it off.

Gotcha. Don't invest in them :)
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