Summary
The article discusses young entrepreneurs who are building AI-focused businesses. Founders like Arnau Ayerbe and his team created an AI company called Throxy and have attracted significant investment. A growing trend shows younger people, especially from Gen Z, are interested in starting businesses, helped by their familiarity with AI.
Key Facts
- Arnau Ayerbe, Pablo Jiménez de Parga Ramos, and Bergen Merey founded Throxy, a company creating AI agents for sales teams.
- By age 24, the founders have raised nearly £5 million in investments and reached annual sales of about £1.2 million.
- 62% of Gen Z individuals in the UK are interested in starting their own business.
- The British Business Bank reports a doubling in Start Up Loans to Gen Z founders over the last five years.
- The founders of Throxy work long hours, following a "9-9-6" schedule, meaning from 9 am to 9 pm, six days a week.
- Younger entrepreneurs have an advantage in AI business due to their familiarity with AI technology.
- Antler's research shows that the average age of founders who started AI companies worth more than $1 billion decreased from 40 in 2020 to 29 in 2024.
- Young entrepreneurs sometimes face underestimation from clients and partners due to their age.
