Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

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Last week, The New Republic published a lengthy exploration of ageism in Silicon Valley, the idea that venture capitalists discriminate against older entrepreneurs and that start-ups discriminate against older job applicants. The central evidence was largely anecdotal: several well-worn quotes by prominent techies talking up the innovative nature of younger founders, the struggles of a “fortysomething” entrepreneur in Boston, the thesis of an angel investor betting on older, overlooked founders, and the sociological musings of a plastic surgeon who has seen more middle-aged men coming to him to look young as a way to help their career. Nonetheless, it was enough for VC Fred Wilson to concede that, “Yes tech is biased toward younger people.”

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