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> If you are founding a startup and you have a wife, you are more likely to fail than an entrepreneur who is single. And if you have even more commitments like

> If you are founding a startup and you have a wife, you are more likely to fail than an entrepreneur who is single. And if you have even more commitments like kids, or other dependents, your chances only get even worse. Do you have any references to back that? Because it sure does seem like older founders-- ones more likely to be married and have kids --yield outsized returns.[1] [1] https://www.forbes.com/sites/kmehta/2022/08/23/older-entrepreneurs-outperform-younger-foundersshattering-ageism/?sh=76ce6d877a36 https://www.forbes.com/sites/kmehta/2022/08/23/older-entrepr...

xwdv 3y ago
Don’t be fooled, older founders have considerably more assets and a wealth of connections in their industry, as well as older more independent children. This offsets the wife and family effects.
- ethanbond 3y ago
  Which... sounds like your original claim is bullshit, ya?
  - xwdv 3y ago
    No, because there are a lot less older founders than younger ones. So when you extrapolate from the data it will seem that having a wife and kids is a negative for a founder’s chances of success.
    - slap_shot 3y ago
      You're actually proving the exact opposite of your initial claim, but at least you are now teasing out the confounding variables that actually explain this. There is no significant causation related to a founder's marital status. > Don’t be fooled, older founders have considerably more assets and a wealth of connections in their industry, as well as older more independent children. This offsets the wife and family effects. > No, because there are a lot less older founders than younger ones. So when you extrapolate from the data it will seem that having a wife and kids is a negative for a founder’s chances of success. These are the the confounding variables you were looking for. Older founders _are_ more successful and it has to do with, among other things, the experience and connections they have, and that people are more risk-averse as they start families. _Coincidentally_, the likelihood of being married increases as one's age increases, which is why you see fewer but more successful founders at the ages they are more likely to be married.
    - ethanbond 3y ago
      Did you read the paper? It's not true that there are a lot less older founders than younger ones. It's roughly a bell curve with the peak around 40 years old.

xwdv 3y ago

Don’t be fooled, older founders have considerably more assets and a wealth of connections in their industry, as well as older more independent children. This offsets the wife and family effects.

ethanbond 3y ago
Which... sounds like your original claim is bullshit, ya?
- xwdv 3y ago
  No, because there are a lot less older founders than younger ones. So when you extrapolate from the data it will seem that having a wife and kids is a negative for a founder’s chances of success.
  - slap_shot 3y ago
    You're actually proving the exact opposite of your initial claim, but at least you are now teasing out the confounding variables that actually explain this. There is no significant causation related to a founder's marital status. > Don’t be fooled, older founders have considerably more assets and a wealth of connections in their industry, as well as older more independent children. This offsets the wife and family effects. > No, because there are a lot less older founders than younger ones. So when you extrapolate from the data it will seem that having a wife and kids is a negative for a founder’s chances of success. These are the the confounding variables you were looking for. Older founders _are_ more successful and it has to do with, among other things, the experience and connections they have, and that people are more risk-averse as they start families. _Coincidentally_, the likelihood of being married increases as one's age increases, which is why you see fewer but more successful founders at the ages they are more likely to be married.
  - ethanbond 3y ago
    Did you read the paper? It's not true that there are a lot less older founders than younger ones. It's roughly a bell curve with the peak around 40 years old.