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Does age matter as a startup founder? According to data, yes, it does!
by
AllOutNerdClan
https://www.saastr.com/the-average-saas-ceo-is-43-at-ipo/
Build til you die
build or die tryin'
that's the spirit
I think the average founding age, which is 32.6, is more expressive than the average age of current CEOs. Personally I wouldn't say age itself matters, more like the experience that comes with it.
Overall this is good news to me personally as younger guy. Means I'm allowed to fail more often than I thought, perhaps :)
Absolutely man. Been feeling overwhelmed and left behind being 23 and just starting to learn to code... This gives me more motivation to keep going!
Same as a 21 yo sometimes I feel like I won't be able to reach my goals or do anything. so this gives me motivation
There will always be exceptions, it make sense to be a startup founder at +40 simply because of experience and knowledge, but that doesn't mean that a smart 20 year old wont make it tho
Every stage of life is learning, same with entrepreneurship. If learning have age limit, then I will agree this.
Taking the IPO as a measure is probably not what most founder is looking for.
Makes sense - experience counts for a lot in every walk of life. The only reason why this view doesn't prevail is that we are constantly being bombarded with success stories of twenty-something-year-olds making millions overnight on social media etc. It skewers our perspective of reality, and everyone thinks they can do it with no experience or skills.
interesting data! as a 30-year-old first time founder, i feel like i have the right amount of youthful audacity and wisdom through experience so far. 🙂
Who gives a shit about IPO here...
I started a web hosting business that became a data center at the age of 22. I am 43 now and still building. Currently working on https://zifront.com
Age doesn't matter and at some point you will be as old as the other founder.
it's a new thing that i was hearing thank you sharing
Great, I will wait for that peak at 60 years.
Until then I will slack off in the name of efficiency.
In reality to conduct yourself in a manner that others will see as informative and wise is usually obtained over time and experience. However, creating your own business and learning and growing with the venture is how to accelerate your growth and gives time to start again if all fails. In my experience I wish I had started earlier in my life starting a company but its always in hind-sight.
It will be interesting to see what the data says in say 10 years because I really feel like, with all the developments in the tech space, it's really opening doors to the younger generations. I think we'll see the average age go down because of this.
This comment was deleted 4 years ago
What does successful mean?
This comment was deleted 4 years ago
What about the ones in their 20s? Are they just more likely to fail?
This comment was deleted 4 years ago