VCs Babying AI Dropouts Chasing Unicorn Dreams

Venture capitalists are funding not just AI startups but the entire lifestyles of young founders, covering rent, personal chefs, cleaners, cold plunge pools, and dedicated office managers to handle daily chores. The average age of AI unicorn founders has dropped from 40 in 2020 to 29 in 2024. The setup echoes past tech boom cycles, from dot-com incubators to the app era, both of which eventually faded. Critics note survivorship bias shapes how these stories are told, while the founders themselves seem to believe AGI will arrive soon enough to justify skipping college entirely.