If you’ve checked yourself complaining recently about all the young entrepreneurs, chances are good you’re probably a baby boomer. At best, you’re a Gen Xer.
Millennials are truly taking over. They’re growing in numbers, outpacing their older relatives and entering the workforce in droves. And lately, more tech startups, whether they’re focused on messaging, mobile marketplaces or fintech, are targeting the group, which includes those born from the early 1980s to 2000, roughly speaking.
“Millennials are a mobile-first generation. They’re accustomed to accessing information on their phones and getting services digitally,” said Paul Holland, general partner of Foundation Capital, an investor in textbook rental provider Chegg, free messaging app Kik, the college-focused social network Blend and the food delivery service Spoonrocket.