The mean age of high-tech founders is 43, economists say

Re:The mean age of high-tech founders is 43, economists say by DoreenMichele on Tuesday September 04, 2018 @01:43PM (#17911079)

I would like to see a citation for this assertion that, if your company fails, you are at high risk (or higher than normal risk) of homelessness. This doesn't fit with what I know for what puts a person at risk of homelessness.

And there's no gap on your CV. You put down "Worked on launching x startup from X date to Y date. It sold, folded, whatever and I'm looking for a job now."

Thank you in advance if you can come up with a cite.

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Re:The mean age of high-tech founders is 43, economists say by ericand on Tuesday September 04, 2018 @02:02PM (#17911315)

My understanding is that failing is more of an issue outside the US. In the US, which is where the data is from, I tend to agree with DoreenMichele: Startup failure is fairly easy to recover from. You mostly risk opportunity cost (lost wages, lost promotion periods).

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Re:The mean age of high-tech founders is 43, economists say by TomMarius on Tuesday September 04, 2018 @06:23PM (#17913379)

Actually cost of failure is much lower in Europe due to welfare state and generally lower cost of living.

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