The idea that most successful startup founders are in their twenties is a myth — the average entrepreneur is much older

12 months ago

young steve jobsJustin Sullivan/Getty

A study by MIT found that the average age of startup founders is around 42, and the average age of entrepreneurs who founded high-growth companies is 45.
The study also found that 20-something founders have the lowest likelihood of starting a company with a successful exit.

Mark Zuckerberg was 19 when he started Facebook from his Harvard dorm room. Steve Jobs was 21 when he launched Apple Computer from his family’s garage. David Karp was 20 when he started his microblogging site Tumblr. 

The list of successful, youthful Silicon Valley entrepreneurs is long, and it might seem as though celebrated startup founders are getting younger all the time.See the rest of the story at Business Insider

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