At least these are the conclusions from a recent survey driven by Super Angel Investors David Lee and Ron Conway. I ususally don't re-blog large technical meme's but I thought that the TechCrunch Disrupt footage was very interesting.
Some interesting data from the sample size of ~ 500 startup founders:
- 89% of $500M exits came from startups with co-founders
- 67% of $500M+ exits came from founders that are under 30
- 90% of the big exits (over $500M+) came from repeat founders
You can see the vidoe post here and the slides are available here. So is the old adage that younger founders are unburdened by responsibility, more aggressive work ethic, and willingness to swing for the proverbial fences true? If so, a lot of us are like aging athletes that are passed are prime.