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What do you think about this? "Relative to founders with no relevant experience, those with at least three years of prior work experience in the same narrow industry as their startup were 85% more likely to launch a highly successful startup."https://hbr.org/2018/07/research-the-average-age-of-a-successful-startup-founder-is-45 …
What's your definition?
That's why their conclusion starts with "In light of this evidence, why do some VCs persist in betting on young founders? We cannot definitively answer this question with the data at our disposal" Also dismiss the outliers, despite outliers being the point.
The criteria to differentiate start-ups and companies is rate of growth?
“These highest-performing firms were identified based on employment growth. The age finding is similar using firms with the fastest sales growth instead, and founder age is similarly high for those startups that successfully exit through an IPO or acquisition. “. Laughable?
If you restrict to the Valley ecosystem, only tech startups targeting multi-billion $ mkts and growing >100%/yr count. However, most successful non-tech biz started by 40+ year olds. By revenues (and by mkt cap, still) those “non-tech” biz still the majority of the economy
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