How Old Are Successful Tech Entrepreneurs?

Total
0
Shares

A definitive new study dispels the myth of the Silicon Valley wunderkind.
The researchers find that, contrary to popular thinking, the best entrepreneurs tend to be middle-aged. Among the very fastest-growing new tech companies, the average founder was 45 at the time of founding. Furthermore, a given 50-year-old entrepreneur is nearly twice as likely to have a runaway success as a 30-year-old.

Older people have had decades to build the business, leadership, and problem-solving chops that help a startup succeed. And while they may be less tapped into certain consumer trends, especially around the habits of the young, they may know quite a bit more about other business opportunities.

Leave a Reply

Sign Up for Our Newsletters

Get notified of latest industry interviews and insights!

You May Also Like

Housing Crosses 1mn Verified Property Listings Milestone

The company has collected data for over 100 crore square feet across the country in the three years since its inception. 50% of this data has been collected in the last 6 months. Housing employs an intricate property verification process that involves collecting nearly 90 fields of data, analysing data quality and processing of the data by its Data Science Lab.
View Post