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Age and the Entrepreneur
- webwatch 18y agoIt's strange to me that people seem to want the average age of the start-up founder to be low...why is it more fun if the founder is young than if they are in their 40s? As a side note, there are some insightful comments that point out the differences in the two data sets that the writer is referring to (a study vs. anecdotal evidence from VC Fred Wilson). But it's an interesting read, none the less.
- edw519 18y ago"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.)
- cstejerean 18y agoplenty of companies got started more than 20 years ago. What would have prevented you from starting a company when MS or Apple started?
- edw519 18y agoHaving a grandfather worth $20 million. Seriously, don't kid yourself. It was a VERY DIFFERENT world back then. You graduated college and hoped you could find a job. There was no www and you needed 5 to 10 grand just for hardware and proprietary software. It's utterly stunning how easy it is to get started today compared to then. (Bill Gates and Paul Allen went to the private Lakeside School which had a privately donated PDP-11 in 1968. Imagine being 13 years old and having access to the same computing power as Stanford University. The other 99.99% of us had to wait another 10 years for access to a computer.)
- amichail 18y agoSoftware was a lot harder to write when I was in high school. Also, entrepreneurship wasn't encouraged.
- cstejerean 18y agoWhich means there was a lot less competition.
- DocSavage 18y agoMindset and almost no open source + internet/Arpanet infrastructure. (Internet changes marketing and distribution to the advantage of young entrepreneurs.) Twenty years ago, kids didn't have a long list of successful role models who made it big while young. Now, that's all you see in the media.
- angstrom 18y agoLack of physical existence for one.
- abless 18y agoThe only real reason why it's harder for older people to make a startup is the high risk involved. Once you have a family you cannot mess around anymore.
- amichail 18y agoIsn't it the responsibility of the wife to bring in a steady income?
- typicaljoe 18y agoBest comment ever
- edw519 18y agoYour both either single or sleeping in the other room tonight.
- amichail 18y agoIt actually makes sense since women are so risk-averse. Wives should support entrepreneurship by making it easier for their entrepreneurial husbands to take risks. And that means bringing in a steady income.
- inovica 18y agoI thought your original comment was funny, but now I realise you mean it. Oh dear
- ojbyrne 18y agoActually I know quite a few couples where that's the case. Not all startups mind you, I have this musician friend... But I've seen the "wife has high paying job with steady income, husband is kinda fly-by-night" pattern often enough that I wonder if other people see it too. I never did find that kind of a women myself. Damn!
- 18y ago
- nadim 18y agoThis is a good snapshot of the population right now, I'm curious to know what the trends are. I suspect the 25-34 age category is growing and the 35-44 category is shrinking. "When starting a startup was expensive, you had to get the permission of investors to do it. Now the only threshold is courage." [1] [1] http://www.paulgraham.com/webstartups.html http://www.paulgraham.com/webstartups.html