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The 20 year old entrepreneur is a lie

mitsloan.mit.edu

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Re: The 20 year old entrepreneur is a lie

#2
I'd be interested to see a similar statistic where there were more than 1 founder, i.e. the average age of ALL founders. I am wondering whether the spread of ages is also a factor - in terms of familiarity with pop culture/current trends vs experience/skill etc.

Re: The 20 year old entrepreneur is a lie

#3
For many decades society has told the smartest and most ambitious 18-25 year olds to go to college and climb the largely pre-defined ladder of success. What would happen if society told a bunch of them to pursue new innovations and ventures instead? I think we're headed in that direction and I'm excited to see how it unfolds.

Re: The 20 year old entrepreneur is a lie

#5
The average successful entrepreneur is in their 40s, but the founders of the absolute most massive tech companies were mostly in their teens or 20s (Apple, Google, Microsoft, Facebook, and in a previous generation companies like Dell and Compaq). There are several more founded by people in their 30s and 40s like Amazon and Netflix. The outlier exception is Qualcomm whose founder was 51.

Re: The 20 year old entrepreneur is a lie

#9
Presumption: entrepreneurship is a skill(set). Data: entrepreneurial success hits strongly at 43 on avg. Wisdom: mastery takes serious time and effort Hypothesis: probably worth it to encourage the young lest avg age increases to 63

Re: The 20 year old entrepreneur is a lie

#10
post #4

Can someone please change the clickbait title?

It might be clickbait, but that's the title of the article

That's alright. HN Guidelines allow you to edit the title if it's linkbate[1]:

... please use the original title, unless it is misleading or linkbait ...

[1]: https://news.ycombinator.com/newsguidelines.html

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