"Conventional wisdom holds that the most
successful start-ups are created by young
adults. But an analysis using U.S. Census data
on the 2.7 million founders in the United States
from 2007 to 2014 shows that the average age
is actually 42. And when researchers identified
the top 1% of start-ups by employment growth,
they saw that more than half were started by
founders in their forties, fifties, or sixties. The
researchers write, “The preeminent place of
young founders in the popular imagination
may...reflect disproportionate exposure to a
handful of consumer-facing IT industries, such
as social media.”" [1]
1. Harvard Business Review
November–December 2018, p.22
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