by Dr. Ellen Brandt
The second high-priority Agenda item for the Bring Back the Meritocracy! project in 2015 is persuading top-tier venture capital groups to launch "new-old-style" venture funds, focused on founders and early-stage entrepreneurs over the age of 40, and participating in the administration of such funds once they are launched.
We're calling these funds "new-old-style," because far from being an aberration, they represented the historical norm up to a very few years ago, when venture capitalists seem to have lost their collective sanity - or at least, their collective common sense - and began to focus way too large a part of their efforts on funding extremely young entrepreneurs, some still in their teens.
