<story><title>How Old Are Successful Tech Entrepreneurs? (2018)</title><url>https://insight.kellogg.northwestern.edu/article/younger-older-tech-entrepreneurs</url></story><parent_chain></parent_chain><comment><author>dang</author><text>&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=17405997&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=17405997&lt;/a&gt;</text></comment>
<story><title>How Old Are Successful Tech Entrepreneurs? (2018)</title><url>https://insight.kellogg.northwestern.edu/article/younger-older-tech-entrepreneurs</url></story><parent_chain></parent_chain><comment><author>ttul</author><text>This article does not surprise me. Survivorship bias feeds the narrative that all breakaway successful companies are founded by 19-year-olds from Harvard - and it&amp;#x27;s true that many have been. But the truth is young people found a lot of horrible companies and a great deal of capital goes down the toilet in the process.&lt;p&gt;My own startup experience over 20 years has taught me that there is a great deal of life and business wisdom to be gained between age 20 and 40. I&amp;#x27;m less likely to make a wild-ass bet - one that is highly likely to fail, but might just succeed wildly - and more likely to make a very calculated bet that has a higher likelihood of pretty decent success. And because I&amp;#x27;m already &amp;quot;old&amp;quot;, the clock is ticking, so I&amp;#x27;m going to be more serious about getting results.&lt;p&gt;When I was young, I didn&amp;#x27;t care whether my business succeeded, because I had all the time in the world. Now, it matters.</text></comment>