#53 is interesting!
I assumed that there would be more 20-something founders. But 31-35 year olds account for 23%, and 41-50 year olds account for 30%
I assumed that there would be more 20-something founders. But 31-35 year olds account for 23%, and 41-50 year olds account for 30%
Also, they're talking about startups that were in good enough shape to raise VC funding. It's possible that a lot more than 1 in 7 of all startups is founded by under-30s but that the lack of experience means those startups disproportionately fail to reach a stage where they are worth funding by VCs.
Maybe this feeling comes up because they prefer to hire <30 people because they are cheaper?
Avg age at my company (Series A funded, 50-ish people) is >30. Founders started at 35 & 36. Now they’re not-quite-40 and 40. Your sample size may vary.
At my startup, in my late 20s, I'm one of the older employees, excluding founders & management.
The data isn't for people working at startups — they only survey founders, and I think CEOs if the CEO is a non-founder.