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Or it could be that 40year olds are more risk averse which leads to a smaller pool of 40 + entrepreneurs seeking funding. Or could it be that 40+ people have b

Or it could be that 40year olds are more risk averse which leads to a smaller pool of 40 + entrepreneurs seeking funding. Or could it be that 40+ people have built a network of contacts that enables them to start businesses ,not startups, with little external funding. I see a lot of new businesses in advertizing, marketing and finance sectors which are profitable and pay good salaries and yet have never had the need to raise capital from VCs.

porter 12y ago
The vast majority of businesses being started aren't organized to go public or get acquired for $1 billion in 7 - 10 years. It's much more realistic to go from making $100-200k in salary, to owning your own business and making $200-500k per year, net. If you were 40+ with a family, what option would you rather choose? A pretty realistic shot at making $300-500k or a crapshoot at creating the next Google, compressed into less than 10 years of course because your VC wants his short term result to impress the next round of LPs.