Sunday, 1 May 2011

Internet Entrepreneurs Are Like Professional Athletes, They Peak Around 25

“Consumer Internet entrepreneurs are like pro basketball players,” said a venture capitalist recently while discussing the prospects for a thirty-something founder, “They peak at 25, by 30 they’re usually done.” Why? Because young entrepreneurs are more creative and imaginative, and are willing put 100% of their lives into their startups, he said. “It’s not a guess, this is a data driven observation,” says the VC. However, there are plenty of founders that, like Michael Jordan, can peak way beyond 25 (and the peak basketball age is really probably at least a 27). “Those tend to be the repeat success founders,” he said, “the rules don’t apply to them.” 
Should a startup founder be looking to make a name for themselves before they hit 30, or give up?

SOURCE  Tech Crunch