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Think there is a pretty significant component missing in analysis - more young people start companies. It could be that the success rate for older entrepreneurs
by charleyrock 16y ago
Think there is a pretty significant component missing in analysis - more young people start companies. It could be that the success rate for older entrepreneurs is 3x of 4x that of younger - not assuming it is, but if young entrepreneurs are starting companies at 3x or 4x the rate of older, it might explain some of the anecdotal observations.
- eladgil 16y agoOh, good point. BTW, I am not arguing that "older" entrepreneurs can't start huge wins, but rather, the very very big wins are anecdotally started by younger people (for SW, and in particular internet cos). Another analysis I would love to see (if I have time will do it myself) - take the 20 largest SW or Internet companies started in the last 20 years. Graph age of founders vs. company outcome.
- charleyrock 16y agoyes that would be interesting. thanks for article.