How fair is it to say that younger entrepreneur has a tendency to target mass market with his venture while the more experienced ones target more niche market to be safe?
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Answer:
I think a more experienced entrepreneur will know that they have to start in a niche to grow into the larger market. Also, that is how larger markets are conquered anyway. e.g. Facebook - college campus > global Foursquare - simple check-in app/game - now develops into purchases / discovery Amazon - books into all goods Otherwise, if you build something for everyone from the start, the marketing is too vague and general to get that initial userbase you need.
Maria La Loca at Quora Visit the source
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