Subsequently, investors have become weary of investing only in ‘the next big idea’. Four years later, some of the money is certainly gone, both founders and investors have gained a lot of wisdom. Their need for seed funding is not as high as young professionals, since they tend to save money before they launch a company. However, the extensive success of young start-up founders comes from deep understanding of technology and their needs. Experts also say that younger founders fare better at business-to-consumer businesses, while experienced professionals comprehend the needs of business-to-business industry much better.
Source: dna May 08, 2017 01:52 UTC