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The Money Log

What is the Ideal Age to Startup?

The question of the ideal age to start a business is bouncing round the blogosphere today.

Venture capitalist Fred Wilson started it, and his view is that most entrepreneurs form their companies in their thirties. There are a few who are older, but many are younger. Matt Mullenweg is a good example. He started WordPress at the tender age of just 19.

Nick Denton at Valleywag speculates, “My guess: older entrepreneurs fail less often, but succeed less stunningly.” He goes on, “Even if there were evidence that young entrepreneurs are more likely to strike out, risk-hungry investors will still fall for youth”.

As Fred Wilson says, “… only one of the entrepreneurs in our current portfolio is older than 45. And he’ll probably be starting companies until he dies. It’s what he does”.

Anyone over 40 it seems should consider bootstrapping their startup. In their thirties? Ditto, unless there are pressing reasons not to.

Below 30, the world is your oyster, it would seem. Like everything else, it all comes down to the individual involved.

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