This article discusses these research findings, which is that the median age of founders of startups with a successful IPO exit is mid-fourties. The researcher says that we tend to allocate more money towards younger startups in tech based largely on the common myth that younger founders have better ideas. But the data suggests otherwise.
I certainly don't want to discourage younger founders... But should we be considering the age of founders when investing? The tool in the article says someone who is 40 has a 15x better chance at a successful startup than someone who is 20 - that is pretty significant!
Submitted May 16, 2018 at 12:37PM by felavsky https://ift.tt/2k3bYcM
