When you're a venture capitalist investing in startups, it takes about seven years to know if you're doing a good job or not. That's how long it generally takes for a startup to exit and for you to know if you made a great investment or put money into a major flop.
There are a bunch of 20-somethings in New York who are helping source deals for their firms. They're taking board seats and being handed millions of dollars to find the best new companies around.
A few 20-somethings have left traditional firms and raised tens of millions of dollars for their own funds.
We rounded up a list of people who have already accomplished a lot in the New York startup scene. If they keep at it, they could become the next Ron Conways, Fred Wilsons, and Bill Gurleys.
Max Stoller was formerly an engineer for a startup that was acquired by Groupon. Now he sources deals like Soylent for Lerer Ventures.
Age: 23
Title: Senior Associate, Lerer Ventures
Deals led: Soylent, Runscope. Stoller was previously an engineer at HyperPublic, a startup that was acquired by Groupon, and an intern at Foursquare.
Caitlin Strandberg helped launch Flybridge Capital Partner's NYC office. She sits in on BetterCloud board meetings, and organizes a slew of events for women and up-and-comers in tech.
Age: 25
Title: Associate, Flybridge Capital Partners
Startups she's worked with: Attends board meetings for BetterCloud. Co-hosts Women in VC lunches, breakfasts/events for young VCs in NYC, runs an email group of young VCs in NYC and hosts the Option Pool Party, a big event for up-and-coming tech talent in NYC startups. She was also Flybridge's first NYC hire and helped the firm open the office in 2012.
Jesse Beyroutey previously worked for Insight Venture Partners and is now an associate at IA Ventures. He has a board seat and is an observer at DigitalOcean.
Age: 24
Title: Associate at IA Ventures.
Startups he's involved with: On the board of Updater, and observer at DigitalOcean, Sight Machine, Transcriptic, TransferWise, and Twice. He previously worked for Insight Venture Partners.
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