Silicon’s Valley’s Brutal Ageism | New Republic

Silicon’s Valley’s Brutal Ageism; Noam Scheiber; In New Republic; 2014-03-23.

Mentioned

Roughly in order of appearance, the article meanders to tell the story.

  • Seth Matarasso
    • A cosmetic surgeon
    • Practice in San Francisco
  • Robert Withers
    • A job search counselor
    • Clients are Silicon Valley workers over 40
    • Advice
      • Look, act, dress young
      • Show energy
  • Dan Scheinman
    • An angel investor
    • Tango, an investment; recent press cycling [Alibaba]
    • ex-Cisco, 18 years
    • Presentation Bias [to the young, away from the old]
  • Illustrative
    • “We Want People Who Have Their Best Work Ahead of Them, Not Behind Them.”  ServiceNow Careers
    • “You must be the token graybeard,” said the CEO, who was in his late twenties or early thirties. “I looked at him and said, ‘No, I’m the token grown-up.’ ” anonymous source, engineer, aged 40.
    • “Paul Graham”—the founder of Y Combinator, the world’s best-known start-up incubator—“says the most successful [investor] makes his decisions in twenty-four hours.” attributed to Scheinman
  • Nick Stamos
    • age 44
    • Phase Forward
    • nCrypted Cloud
      • founder
      • like Dropbox and Google Drive.
      • Competitor:
      • With Dan Scheinman
      • Needed Sand Hill funding, was declined
      • Claim: Total Addressable Market (TAM) => transferrence from something else [age]
      • Long River Ventures (MA); Acquired funding? or just a lead.
      • [Mr.] Aref; a lead, declined.
    • Prior
      • serial entrepreneur, various
      • ex-Tufts (graduate)
      • ex-Lotus,
      • ex-Verdasys, 2002
  • Generalized Themes & Mentions
  • Dropbox
    • Drew Houston, co-founder, ex-MIT (graduate)
    • founded 2007
  • Google
    • Brian Reid, age 54, age discrimination litigation
  • Freada Klein
    • 1999, starts a 5-year “quality of work study”
    • 22 startups
    • Result: older candidates held to a higher standard
  • Culture
    • Interviewing for “fit”
    • “a college atmosphere”
    • “disruption”
  • Quoted for Background, Verisimilitude & Color
  • Criticism
    • <quote>Unfortunately, the problems the average 22-year-old male programmer has experienced are all about being an affluent single guy in Northern California.</quote>
  • Outbox
  • Mark Goldenson
    • serial entrepreneur
    • age 30
    • founded Breakthrough
    • recommender system for psychiatrist counseling lead generation online
  • Evidentiary

Referenced, Related

  • Dane Stangler, with Daniel F. Spulber; The Age of the Entrepreneur: Demographics and Entrepreneurship; I4J Summit; 2013-03; 27 pages.
  • Moneyball, valley-style: Investor uses age bias to advantage, funds older entrepreneurs; Sarah McBride (Reuters); In San Jose Mercury News; 2012-12-07.
  • Special Report: Silicon Valley’s dirty secret – age bias; Sarah McBride; In Reuters; 2012-11-27.
    Mentions

    • <quote>When Randy Adams, 60, was looking for a chief-executive officer job in Silicon Valley last year, he got turned down from position after position that he thought he was going to nail — only to see much younger, less-experienced men win out. Finally, before heading into his next interview, he shaved off his gray hair and traded in his loafers for a pair of Converse sneakers. The board hired him.</quote>
    • “[The young prospects] They have great passion. They don’t have distractions like families and children and other things that get in the way of business.” attributed to Mike Moritz, when age 49 [9 years ago].
    • “Young people are just smarter.” Mark Zuckerberg at age 22.
    • <quote>In June (2012-06), Benchmark Capital’s Peter Fenton, 40, told a group of journalists that Benchmark strives to keep the average age of its most-active partners under 40 to better relate to young entrepreneurs. Fenton says he is not ageist, arguing that there is a well-documented relationship between youth and creativity. As for partners such as himself who hit 40, “we have a discipline to try and stay young,” he says. “Young at mind.”</quote>
    • Something about Fluid Intelligence; c.f. Jimi Wales’ Wiki
      • Fluid Intelligence (Gf)
      • Crystallized Intelligence (Gc)
    • Advice on how to dress & accessorize “as young”
      think:

      • show as hipster: tights, flannels, Converse, boots.
      • avoid and/or fix: gray hair, fat
      • use: Android+Apple contra Dell+Blackberry; avoid wristwatches, especially gold.
  • Education and Tech Entrepreneurship; Vivek Wadhwa, Richard Freeman, Ben Rissing; Ewing Marion Kauffman Foundation; 2008-05; 16 pages; promotion 2009-04-17; landing.

Via: backfill