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~50% of the top 10 companies in the world by market cap (Facebook, Alphabet, Microsoft, Apple, Amazon) were all started by founders aged 30 or younger. The rest
by jm20 8y ago
~50% of the top 10 companies in the world by market cap (Facebook, Alphabet, Microsoft, Apple, Amazon) were all started by founders aged 30 or younger. The rest are companies that are over 100 years old (or merged from ones that were) and Warren Buffet's Berkshire Hathaway. I'm by no means saying you can't do it when you're older, but when you're a VC in the business of hitting home runs, it is just hard to ignore that fact.
It's also hard to ignore the fact that the 'sexiest' companies in that list are the aforementioned 5 started by young founders.
- pdimitar 8y agoWhat is a "sexy" company exactly?
- vasilipupkin 8y agothere are a ton of companies that reach 150 mln dollar valuation and get sold. You don't hear about those, all you hear is consumer facing giants. Those are probably more likely to be founded by younger people. A 45 year old is probably more likely to sell early, but I am guessing.