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Yes, 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 ma
by vannevar 14y ago
Yes, 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.