Startup Founder Age
Comments debate the myth that startup founders must be young, citing data and examples showing most successful founders are 30+ with valuable experience, challenging Silicon Valley stereotypes.
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The average founder is (or was) already 30+:https://hbr.org/2014/04/how-old-are-silicon-valleys-top-foun...
How shall I put this - just as A people hire other A people, twenty-somethins hire other twenty-somethigs.One of the things as a guy starting up in his 40s I know how much even a brilliant graduate must be taught and trained and mentored. Whereas a person with 15 or more years under thier belt just needs to be inspiredthis is not to say there are not exceptions, but the younger the founder the younger the median age under him/her tends to be, based at least on personal experience.
This is interesting! I wish it would address whether the founders in their 50s had spent their 20s-40s continually trying to start companies. I expect more experience in starting something makes you better at doing so. But this would mean that people should _start_ young, so they can eventually succeed
You are absolutely not too old. Actually, contrary to the Silicon Valley stereotype, most startup founders are between their late 30's and early 40's - where they have the perfect mix of remaining youthful drive and critical industry experience (it is also, coincidentally, the age range where fluid intelligence of youth and crystallized intelligence of wisdom intersect and balance out). The fastest growing startups are actually far more likely to be led by people over the age of 50 tha
"want the average age of the start-up founder to be low"Then they must be brilliant. If a 40 year old was brilliant, then why didn't he do this 20 years ago? (They tend to forget that it wasn't like this 20 years ago.)
The average age of founders is not 25.. I suggest you revisit your assumptions.
For a start-up it's not age that matters but risk aversion. You need to be happy/able to take on the risks, which are mainly financial. However, there will typically be a relationship between age and risk with the most risk averse period in your 30's and 40's when you are probably having kids. So if you don't feel you succeeded in your 20's and early 30's, hang on in there 'cause you'll get another opportunity later in life.
You don't. Many successful startups are started by people over 30 (http://www.entrepreneur.com/article/235357).
In a world where twenty-something founders are highly praised, can this be really reflected on the startup scene? Me being 33 now, I feel like I can achieve much more with much less resource now. I am not sure if this is just an illusion or truth, maybe I can write back in ten years and see if I am right on this one...
Being 57 and starting a company isn't news worthy. There are plenty of successful, ages entrepreneurs. For example, from the tech crunches unicorn article:"""The average age on our list of founders at founding is 34. Yes, the founders of Facebook were on average 20 when it was founded; but the founders of LinkedIn, the second-most valuable company on our list, were 36 on average; and the founders of Workday, the third-most valuable, were 52 years old on average."