This article does not surprise me. Survivorship bias feeds the narrative that all breakaway successful companies are founded by 19-year-olds from Harvard - and

This article does not surprise me. Survivorship bias feeds the narrative that all breakaway successful companies are founded by 19-year-olds from Harvard - and it's true that many have been. But the truth is young people found a lot of horrible companies and a great deal of capital goes down the toilet in the process. My own startup experience over 20 years has taught me that there is a great deal of life and business wisdom to be gained between age 20 and 40. I'm less likely to make a wild-ass bet - one that is highly likely to fail, but might just succeed wildly - and more likely to make a very calculated bet that has a higher likelihood of pretty decent success. And because I'm already "old", the clock is ticking, so I'm going to be more serious about getting results. When I was young, I didn't care whether my business succeeded, because I had all the time in the world. Now, it matters.