{"id":2382,"date":"2008-05-01T21:21:39","date_gmt":"2008-05-02T02:21:39","guid":{"rendered":"http:\/\/www.mathewingram.com\/work\/?p=2382"},"modified":"2008-05-01T21:21:39","modified_gmt":"2008-05-02T02:21:39","slug":"is-the-young-tech-founder-an-anomaly","status":"publish","type":"post","link":"https:\/\/mathewingram.com\/work\/2008\/05\/01\/is-the-young-tech-founder-an-anomaly\/","title":{"rendered":"Is the young tech founder an anomaly?"},"content":{"rendered":"<p>My friend Paul Kedrosky over at Infectious Greed loves nothing better than a nice juicy research report or scientific study with lots of juicy data points in it (the way some people are with Tim Horton&#8217;s double-double coffees and apple fritters, Paul is with data). So anyway, he&#8217;s got a post up about <a href=\"http:\/\/paul.kedrosky.com\/archives\/2008\/05\/01\/age_and_the_ent.html\">one from the Kauffman Foundation<\/a> &#8212; a private fund he is an advisor to &#8212; that looks at the median age of founders of technology companies with at least 20 employees and over $1-million in revenue.<\/p>\n<p>The actual study itself (<a href=\"http:\/\/www.kauffman.org\/pdf\/Education_Tech_Ent_042908.pdf\">which is here<\/a>) is about the level of education that most successful company founders have, but Paul was more interested in the age thing, in part because of a series of posts that Fred Wilson wrote about how <a href=\"http:\/\/avc.blogs.com\/a_vc\/2007\/05\/the_mid_life_en.html\">most of the entrepreneurs<\/a> he meets are in their 30s and how that could be because young people have a mindset that <a href=\"http:\/\/avc.blogs.com\/a_vc\/2007\/06\/the_age_questio.html\">makes it easier<\/a> to be entrepreneurs, and that <a href=\"http:\/\/avc.blogs.com\/a_vc\/2007\/06\/the_age_questio_1.html\">made a lot<\/a> of people mad. As someone who is&#8230; well, not in their 30s any more, I must confess that I was kind of interested in those posts of Fred&#8217;s too.<\/p>\n<p>So the data from the Kaufmann study shows that the median age for founders is 39 &#8212; and according to the preamble to the study, twice as many were older than fifty as were younger than 25. The comments on Paul&#8217;s post are <a href=\"http:\/\/paul.kedrosky.com\/archives\/2008\/05\/01\/age_and_the_ent.html#comments\">well worth a read<\/a> as well (as usual), since they continue the debate. Is it something about the Web startups that Fred meets &#8212; the ones without much in the way of revenue or business models &#8212; that they attract younger founders? Do older founders not need as much in the way of VC money, so they never see people like Fred?<\/p>\n<p>One of the authors of the study even gets involved in the comment thread, at Paul&#8217;s urging, and responds to some of the points. Fascinating stuff. My friend Leigh has <a href=\"http:\/\/leighhimel.blogspot.com\/2008\/05\/are-entrepreneurs-getting-old-or-is.html\">some thoughts<\/a> about it too. <\/p>\n<div class=\"syndication-links\"><\/div>","protected":false},"excerpt":{"rendered":"<p>My friend Paul Kedrosky over at Infectious Greed loves nothing better than a nice juicy research report or scientific study with lots of juicy data points in it (the way some people are with Tim Horton&#8217;s double-double coffees and apple fritters, Paul is with data). So anyway, he&#8217;s got a post up about one from &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/mathewingram.com\/work\/2008\/05\/01\/is-the-young-tech-founder-an-anomaly\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Is the young tech founder an anomaly?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crsspst_to_mathewingramblogwordpresscom":false,"mf2_syndication":[],"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-2382","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/posts\/2382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/comments?post=2382"}],"version-history":[{"count":0,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/posts\/2382\/revisions"}],"wp:attachment":[{"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/media?parent=2382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/categories?post=2382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mathewingram.com\/work\/wp-json\/wp\/v2\/tags?post=2382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}