Build in public, fail in public: what itâs like to be a founder under 20 right now
For Arlan Rakhmetzhanov, 19, there is no middle ground. Either he builds a company as valuable as Google, he says, or he fails and ends
For Arlan Rakhmetzhanov, 19, there is no middle ground. Either he builds a company as valuable as Google, he says, or he fails and ends up on the streets. He started coding at 15 in his native Kazakhstan, completed a couple of summer programs in San Francisco, and cold-DMâed every Y Combinator founder he could find on LinkedIn until one gave him an angel check for his first company at age 17. That company, now the YC-backed Nozomio, is an API index for AI agents â a tool that helps AI agents find and use software services â and has raised more than $6 million in funding to date. âI either win or lose, and a lot of young founders have the same mindset,â he told TechCrunch. âThey just want to win.â Young founders like Rakhmetzhanov are building under a new set of pressures. Investors are throwing more capital at them, yet the expectation to hit that ânorth starâ milestone â the one big number investors are chasing â hasnât relaxed, and every misstep along the way is now publicly dissected on social media. While Silicon Valley VCs have always famously loved backing young college dropout founders, they preferred to see them paired with technical founders, or at least to have some experience â ideally with a FAANG company (Meta, Amazon, Apple, Netflix, and Google) â on their rĂ©sumĂ©s. In many ways, that is still very true. But AI tools have democratized the opportunity to build, shortening the timelines of success and enabling more young people to start successful companies without stepping foot inside a Big Tech company. Pranjali Awasthi, 19, is an example of that. She dropped out of high school to launch an AI startup, then attended Georgia Tech before dropping out of that, too, to launch Slashy, a YC-backed that bills itself as the âCursor for emailsâ and helps consumers manage their email inboxes.
After more than a year running that company, she recently announced sheâs now building yet a new startup currently in stealth. When she was younger, around 14 or 15, she recalled, investors whom she would pitch often asked why she was looking to build a company. âItâs gotten more normal now,â she said, âpost-18.â It seems more than ever, investors look to founders like Awasthi, whose experiences can be traced through âGitHub activity, open-source contributions, communities theyâve already built, and familiarity with all the latest tools in AI,â Ashley Smith, a general partner at the early-stage firm Vermilion, told TechCrunch. âA lot of young developers learn how to build software through contributing to open-source projects or toying around with the latest AI tooling,â she explained. âThey have more time to do that while in college or younger than someone with a full-time job and a mortgage.â Smith said a âmeaningfulâ share of her portfolio consists of companies founded by those under 30, with a handful even younger than 21, she said, adding that sheâs âclearly not skeptical of youth.â âWhat they lack in experience, they make up for in excitement to experiment and lack of fear,â she continued. But she admits the market has become more merciless. âIt doesnât give you room to learn slowly anymore,â she said. There are more funding opportunities than ever, regardless of age â accelerators, incubators, pre-seed funds. But that money comes with strings attached: Founders like Rakhmetzhanov and Awasthi, flush with millions in cash, are expected to deliver growth in months, not years. âThe forgiveness that used to exist at an early stage and the assumption youâd iterate your way to product-market fit doesnât exist right now,â Smith continued.
