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Young Founders are less likely to Succeed!! On average, founders of high-tech startups launch their companies at 42 years old. For the top 0.1% of startups-those with the highest growth or successful exits-the average founder age climbs to 45 years

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Anonymous

Anonymous 2

Hey I am on Medial • 1m

Unpopular opinion, but I think this data is skewed by survivorship bias. Of course the top 0.1% of startups will have older founders - they've had more time to accrue the necessary experience and connections. But for every successful 45-year-old founder, there are countless others in their 40s who never made it past the seed stage. The real question is whether age is a causal factor or just a correlation.

0 replies1 like

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Perhaps it is a sample bias but I now know 5 people personally who have 15-20 years of experience but are unemployed for 6+ months or took a massive salary cut. 40s are turning out to be hard for a lot of people on the career front.

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I think salaried people in the 40-60 age bracket in India got the short end of stick. Neither are they able to enjoy the socialistic benefits like pension and govt jobs. Nor were they able to extract enough value out of the Indian booming economy.

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