The 'hubris of 20 something' is mostly just ignorance.
When you have the experience to have witnesses all sorts of outcomes, you think of things in different ways.
I find myself far more 'unsure' of things because of 'all the angles' - and 'trying to thin of the unseen one's.
It's like C++:
You start by writing code. And think it's good, but it's not.
Then idiomatic code, because you realize the mess of your earlier code.
And then start to see 'all the things that could go wrong' in the horror of the code you wrote before.
Then you spend the rest of your career worrying about every few lines of code, about all the things that could go wrong, with obvious diminishing marginal returns on that.
So if you're 20 and making a dating app, it doesn't mater that much, you can thrash and burn through code.
For many things, that doesn't work and many of those projects do not fit the pattern of 'high growth VC' so they have to get done another way, hopefully at companies with surplus budget and a bit of vision and people willing to still do stuff instead of collecting a paycheque.
The 'hubris of 20 something' is mostly just ignorance.
When you have the experience to have witnesses all sorts of outcomes, you think of things in different ways.
I find myself far more 'unsure' of things because of 'all the angles' - and 'trying to thin of the unseen one's.
It's like C++:
You start by writing code. And think it's good, but it's not.
Then idiomatic code, because you realize the mess of your earlier code.
And then start to see 'all the things that could go wrong' in the horror of the code you wrote before.
Then you spend the rest of your career worrying about every few lines of code, about all the things that could go wrong, with obvious diminishing marginal returns on that.
So if you're 20 and making a dating app, it doesn't mater that much, you can thrash and burn through code.
For many things, that doesn't work and many of those projects do not fit the pattern of 'high growth VC' so they have to get done another way, hopefully at companies with surplus budget and a bit of vision and people willing to still do stuff instead of collecting a paycheque.