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A comment on The mean age of high-tech founders is 43, economists say. Parent comment

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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