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In the linked report, the significant change is that the 45-54 group has overtaken both the 35-44 group and the 55-64 group since 2007, but there is pretty reg
by klochner 14y ago
In the linked report, the significant change is that the 45-54 group has overtaken both the 35-44 group and the 55-64 group since 2007, but there is pretty regular fluctuation so I wouldn't read too much into it.
More interesting is that the latino population has seen a marked increase (+100%) in entrepreneurial activity since 2000.
- vannevar 14y agoYes, the title makes it sound like older entrepreneurs are a new phenomenon, when the report makes it clear they have been and continue to be the norm. Which makes sense, younger people generally lack the money and connections to start a business. Twenty-something tech startup founders have always been rare among the ranks of entrepreneurs generally, though of course they dominate discussion in a forum like HN.
- mc32 14y agoAlso, I think at 55-64 lots of those people have decreasing responsibilities -if they had children, fewer are underage (and thus their charges), also their mortgage payments could be nearing maturity. With fewer responsibilities they have greater flexibility to take chances.