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I'd be interested to know the number or ratio of startup created by under 30 and have failed vs number of startups created by over 30 and failed. My guess is th
by csel 12y ago
I'd be interested to know the number or ratio of startup created by under 30 and have failed vs number of startups created by over 30 and failed. My guess is there'd be less failure by over 30 founders.
- BrainScraps 12y agoHere's some interesting data: http://blogs.hbr.org/2014/04/how-old-are-silicon-valleys-top-founders-heres-the-data/ http://blogs.hbr.org/2014/04/how-old-are-silicon-valleys-top...
- Mandatum 12y agoData/results from it would be near useless unless you were able to question only people with zero-responsibility (ie no family, commitments) and equal risk.
- perrylaj 12y agoNot necessarily - depends on your goal in such a study. If you were looking to see the impact of age and age alone, sure that'd be tough to control for with all the added factors. However, startups don't occur in a vacuum and I think it'd be interesting to see some comparisons without worrying about age as the only factor. Most research points to mid/late 30's as the peak of technological breakthroughs (largely determined by age of Nobel winning work). I'd actually be somewhat surprised if successful company founders weren't largely distributed around that same range.
- baddox 12y agoYou'd probably want to fix an n, and only compare the nth attempted startup for each person.
- rfrey 12y agoOnly if you're interested in age as a strictly biological factor. Most of these discussions focus on age as a proxy for experience, in which case a larger n is entirely the point.
- baddox 12y agoIf you're looking for experience, then just look at experience (e.g. number of startup attempts).