I don't think younger people are smarter. Some people younger than I am are smarter than I will ever be, simple as that, especially when it comes to niche topics. But that's true for people older than me, too.
That being said, I feel like silicon valley gives preference to younger people in large part due to ingrained social expectations. A young 20-24 year old that pitches gets a lot of lee-way.
They have a passion and fire in them, so anything they say seems more impressive especially because you might not expect it of them. It's like a 5 year old regurgitating some obscure or advanced factoid...wow you say, what a smart young man! Objectively the kid isn't smart, but relatively speaking he appears very smart, especially compared to other 5 year olds.
The standards increase as you get older. You can't just walk in and pitch like you're an idealistic 20-something. You have to project complete confidence...essentially you need to act like the boss society expects you to already be. In contrast, younger entrepreneurs benefit from a sort of stereotype: younger people are "fresher" ideas, aren't held back by convention, etc. Older people are expected to know how to run shit and aren't allowed to just skate by on vision alone.
That being said, I feel like silicon valley gives preference to younger people in large part due to ingrained social expectations. A young 20-24 year old that pitches gets a lot of lee-way.
They have a passion and fire in them, so anything they say seems more impressive especially because you might not expect it of them. It's like a 5 year old regurgitating some obscure or advanced factoid...wow you say, what a smart young man! Objectively the kid isn't smart, but relatively speaking he appears very smart, especially compared to other 5 year olds.
The standards increase as you get older. You can't just walk in and pitch like you're an idealistic 20-something. You have to project complete confidence...essentially you need to act like the boss society expects you to already be. In contrast, younger entrepreneurs benefit from a sort of stereotype: younger people are "fresher" ideas, aren't held back by convention, etc. Older people are expected to know how to run shit and aren't allowed to just skate by on vision alone.