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Great data overall. I'm not convinced about the age conclusion: depending on which statistics you focus on, you either conclude that 25 is best or 32 is best:
by alain94040 11y ago
Great data overall.
I'm not convinced about the age conclusion: depending on which statistics you focus on, you either conclude that 25 is best or 32 is best:
Founding teams with an average age under 25 (when we invested) perform nearly 30% above average [...] for our top 10 investments the average age was 31.9
- erichurkman 11y agoIf your goal is to be a top 10 investment, 32. If your goal is to get funding, 25. Most founders, I would suspect, especially at First Round's target, are happy to get investment period, even if they aren't in the top 10 (yet). I think a lot of these figures are correlated. Multi-company founders command higher valuations, who will tend to be older than their first-company peers, so it makes sense the top 10 list is slightly older on average.
- jusben1369 11y agoMy guess was to make a Top 10 investment you had to probably be in business 5 - 10 years thus invest at 25 and by 32 they have a very successful startup/exit