4 ms·

Another datapoint, average age of a successful startup is 45. No mention of median https://hbr.org/2018/07/research-the-average-age-of-a-successful-startup-fou

• cheez 8y ago
  Well, if we assume that there are few successful founders, but enough people to skew the average age higher, then the oldest a few people to shift _that_ much could be are ~90. Since that is unlikely, it's likely that the median is close to the average.
• thecleaner 8y ago
  What's the median ?
• analog31 8y ago
  This could be just a weird statistical bias. Founders start businesses at all ages, but the younger you start, the more tries you get before one of your businesses succeeds. And once your business is successful, then you're unlikely to start another. This would make successful founders tend to be older than unsuccessful founders, but it's like always finding something in the last place that you look, or (happened to me) you're most likely to get injured on the last ski run of the day.
  • BerislavLopac 8y ago
    > And once your business is successful, then you're unlikely to start another. Let me FTFY: once you start a successful business, it's unlikely that another you start will be nearly equally successful. Most entrepreneurs are serial ones, and successful ones -- particularly those who leave their business behind (e.g. by acquisition) tend to try again. But contrary to popular belief, having a successful business in your past doesn't make it easier to make your new ventures successful -- it just makes it easier to start one.