Startup Team Diversity: When Diversity in Age and Culture Provides a Competitive Advantage in a High-Tech Startup

In this era of the second technology revolution, you may believe that twenty-something-year-olds have an edge when it comes to starting and launching technology startups. But in reality, they don't.

Recently I was talking with a bright twenty-something technologist. We hit upon the topic of how younger generations have started taking over the technology marketplace because the cost of developing ideas has come down substantially. “Ten years ago, I had to spend a million dollars to develop some...