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 Silicon Valley 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 Silicon Valley startup scene. If they keep at it, they could become the next Ron Conways, Fred Wilsons, and Bill Gurleys. Who'd we miss? Leave names in the comments.
Kanyi Maqubela
Age: 28
Title: Venture Partner, Collaborative Fund
Deals led and more info: Maqubela has recently worked on the following deals for Collaborative: Assembly, InVenture, Earnest, Walker & Company, Guild and Upstart
Richard Kirby
Age: 27
Title: Senior Associate, Venrock
Deals led and more info: Board Observer at BetterFinance, Burner, and 6Sense and worked on investments in Nest, Zenefits, and Trumaker. At IVP where Kirby previously worked, he aided investments in Dropbox, Shazam, PopSugar, Yext, Buddy Media, AddThis, Fleetmatics and Klout.
Nikhil Triveti
Age: 25
Title: Associate, Shasta Ventures
Deals led and more info: Triveti co-sponsored investments in ClassDojo, Doctor on Demand, Jack Erwin, Swipely, and three that are not yet formally announced.
See the rest of the story at Business Insider