Experience, nothing weighs the experience. I had a flashback then, of how a tough ride I had learning by trial and error. And I was almost that close to believe them, until I came back to my senses. It does not matter if you are a fresh Grad or Business Veteran.. It all boils down to the simple fact of living the thrill, and more important, to believe. Believing is the main ingredient here.
It is the role of the experienced people to offer their help to the young entrepreneurs, so they won't live the hard times we lived to manage. don't condemn the entrepreneurs and say they will fail for not having the experience, empower the energy and bring it to action. Tame their flame and direct them. It is their job to be enthusiastic, energetic and wild, and it is the job of the VCs to be wise, and experienced.