"The founders and teams fueling the AI boom look a lot different - and are generally younger - than the software-era startups of yesteryear. AI founders are five years younger by median age, more technical than business-minded, and generally don't have a previous history of working together, according to a new report by early-stage venture capital firm Leonis Capital, which examined the 100 fastest-growing AI startups using internal AI research tools and public data."
""in AI, the tech is the product," said Leonis partner Jenny Xiao, a former OpenAI researcher. "In previous generations, the tech is an enabler for something else," Xiao added, citing examples like Airbnb's short-term rental or Uber's car marketplaces. Their median age is 29, compared to 34 during the 2010s, and the most frequent founding age is 26 or 27."
AI founders are younger by median age — 29 versus 34 in the 2010s — with the most frequent founding age at 26 or 27. Founders skew technical, including PhDs, math Olympiad medalists and research backgrounds, and many graduated from elite institutions like MIT, Stanford and Harvard. Founding teams tend to be smaller, less hierarchical and often lack prior histories of working together. Examples include Cursor's founders in their early 20s, Perplexity's CEO Aravind Srinivas at 28, and Harvey's cofounders in their late 20s. Venture capital firms such as Andreessen Horowitz and Sequoia are moving aggressively upstream.
Read at Business Insider
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