The Truth About Entrepreneurs: Twice As Many Are Over 50 As Are Under 25

Re:The Truth About Entrepreneurs: Twice As Many Are Over 50 ... by nitroscott on Friday April 26, 2013 @10:12PM (#5616521)

I'm amazed no one has commented on the fact that the pool of potential entrepreneurs under the age of 25 is incredibly small (most kids ages 0-18 aren't out there starting companies, and a big chunk are in college) versus if you're 50+ there is a much bigger pool (reasonably ages 50-75) and you probably have the means and connections to be more successful.

I'm surprised it's only twice as many...

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Re:The Truth About Entrepreneurs: Twice As Many Are Over 50 ... by pmarca on Sunday April 28, 2013 @06:41AM (#5620843)

There aren't that many qualified people over the age of 50 with the energy and determination to mount another startup effort again. It happens, but often people who have done well in their careers simply won't subject themselves to that level of trauma again.

Plus, the marvelous yet infuriating problem that we have in this industry is that the people who succeed young often make a lot of money and check out.

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Re:The Truth About Entrepreneurs: Twice As Many Are Over 50 ... by wololo on Saturday April 27, 2013 @12:13AM (#5616782)

was curious about this too:

21.5 million age 20-24

58.9 million age 50-64

80.4 million age 50-74

(from https://www.census.gov/population/age/data/2011comp.html)

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