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YC Stats Winter 2015

blog.ycombinator.com

81–90 of 104 posts

Re: YC Stats Winter 2015

#81
post #2

Interesting to note that the average founder age is 30.27 (median is 29). Not that that's old, of course - just that I imagined it'd be younger.

I think the median age reflects the types of companies in the batch. I think in general, younger entrepreneurs take on Consumer, maybe marketplace, and perhaps some dev tools and hardware.

The remaining categories will likely have older, more experienced people

Re: YC Stats Winter 2015

#84
post #2

Interesting to note that the average founder age is 30.27 (median is 29). Not that that's old, of course - just that I imagined it'd be younger.

I think the median age reflects the types of companies in the batch. I think in general, younger entrepreneurs take on Consumer, maybe marketplace, and perhaps some dev tools and hardware. The remaining categories will likely have older, more experienced people

That would have been my guess as well. For many B2B problems you kind of have to understand the right hand side B which means some industry experience. Same for something like aerospace and finance I'd guess.

That being said I also intuitively assumed a younger age. Most certainly bias on my side since it's the youngest founders I tend to read about online.

Re: YC Stats Winter 2015

#85

Age of the eldest entrepreneur @YCcombinator = 66? I sure want to know more about this person, and their start_up! I'm a relatively older entrepreneur too, fall right on the right side of the median. Recently I had been been thinking of applying to YC. But couldn't convince myself for it, and my age was one of the reasons.

please go and apply. if you need inspiration check http://fundersandfounders.com/too-late-to-start-life-crisis/

This is great, thanks for the encouraging note!

Re: YC Stats Winter 2015

#86
post #70

Earlier quoted context omitted.

Warning, I'm about to make a couple of massive generalisations... I would guess that most 40-50 year olds who already have knowledge, contacts and money don't apply to YC, probably because they don't feel that they need it. I expect that founders at that age are more likely to be coming from a position of experience within their target industry, i.e. solving a problem that they've seen/experienced. They may not be tr…

Not to mention the fact that it's probably quite a bit harder to convince a group of 40-50 year olds to move to SV for 3 months for $18k than it is a group a 21 year olds.

It's $120k now but yes, one 40 year old engineer working full time makes that in 9 months. Why doesn't YC offer more attractive investment, say $500k, and allow non-SV offices? Is it just the presumption that this won't lead to large returns? Is there any data to support that?

Re: YC Stats Winter 2015

#87
post #70

Earlier quoted context omitted.

Warning, I'm about to make a couple of massive generalisations... I would guess that most 40-50 year olds who already have knowledge, contacts and money don't apply to YC, probably because they don't feel that they need it. I expect that founders at that age are more likely to be coming from a position of experience within their target industry, i.e. solving a problem that they've seen/experienced. They may not be tr…

Not to mention the fact that it's probably quite a bit harder to convince a group of 40-50 year olds to move to SV for 3 months for $18k than it is a group a 21 year olds.

[deleted]

Re: YC Stats Winter 2015

#88
post #2

Interesting to note that the average founder age is 30.27 (median is 29). Not that that's old, of course - just that I imagined it'd be younger.

Why would you not assume the opposite? I would assume the most experienced people with the most knowledge, contacts, and money to be in their 40s and 50s.

In my case (I'm 48) I've been applying to YC (third time lucky) because I have plenty of experience, but don't have the contacts. I suspect most people outside Silicon Valley or the US don't have the kind of contacts that YC can provide, or the kind of money that is necessary to scale their business.
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