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The average age of a startup founder in the U.S. is 35.
I'm meeting up with the Python folks at the Denny's in Addison off of Belt Line tonight @ 7.
I'd still like to get together and talk for a spell.
I think the last time we exchanged e-mails was back in April.
I'll shoot ya another e-mail.
So I'm starting a company today. Or maybe I'll do it tomorrow.
But definitely before I'm all spent at age 38.
It's not a matter of age, it's just a matter of managing commitments.
Possible drawbacks to older founders include: - may not be able to work for free (or nearly so) for as long a time, because they have families to support (or have simply grown accustomed to a higher standard of living than ramen and crashing on someone's couch). - may not be able to work for as many hours per week, again because of families, accustomed comfort, etc.
On the positive side, older founders are: - more likely to have the business and professional relationships that will facilitate customer sales and/or investor deals. - may be able to work more efficiently and effectively, because of the things they have learned (technology, management, specific domains, business, etc).
There might be some business plans that can best be executed by college-age folks, but there are others that are best executed by someone older -- figure out how to make your idea work for you, and go for it!
Earlier quoted context omitted.
We've funded people older than that. In some types of startups it's the ideal age. E.g. if you want to build a factory or make enterprise software, or do something else that requires lots of capital and/or industry experience.
Or if you want to build a product instead of a feature.