Silicon Valley's Age Problem - Bloomberg View: The youth culture of Silicon Valley was remarked upon in the 1990s, but in Scheiber's telling it seems to have actually gotten worse. New industries often start out young, and then age to stately silver as the founding generation stays put at the top. But almost 20 years after Netscape started the first Dot-Com Bubble, Silicon Valley is still in a startup frenzy. And according to Scheiber, investors are looking almost exclusively for disruptive youth, not competent experience.
This has implications for the kinds of projects that get funded -- Scheiber argues that all this disruption is focused on stuff that 25-year-old nerds need, like cab-hailing apps and social networking, and not so much on the things that 45-year-old parents might want.
Trump Administration Eyes More Mass Layoffs if Government Shuts Down
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The president’s top aides told agencies to prepare for potential firings if
Congress cannot extend funding before the end of Sept. 30.
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