> For your typical solo founder in their 30s, their odds of dying at any point over the next 10 years is something like 0.2%
The real figure is more 2.1% (source: https://www.ssa.gov/oact/STATS/table4c6.html)
The real figure is more 2.1% (source: https://www.ssa.gov/oact/STATS/table4c6.html)
I feel like the indie hacking lifestyle doesn't really attract people who are at high risk for most other common causes of death at that age, in the same way that, say, raising venture capital seems to be an attractive option for people already at risk of suicide or drug overdose.
30-39 is 2.1%
35-44 is 2.5%
40-49 is 3.3%
---------
30-49 is 5.3%
Ranges are inclusive of entire year. 30-39 is 30th bday to 40th bday
.001858 for year 31 = .998142
...
.002482 for year 39 = .997518
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.998205 x .998142 x ... x .997518 = .978997 survival rate over 10 years
1 - .978997 = .021003 chance of death = 2.1%
Maybe I'm immortal :)
It absolutely is in the context of a discussion of annualized mortality rates.
It’s misleading to annualize these stats because the participation rates per hour and per day are very very different. This is why sports risk is usually calculated in participation hours and not annualized, to prevent such misleading comparisons.
I'm in my 40s and officially more likely to have my heart kill me, than myself.