This post was originally published on this site

ltechnologygroup.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

Zach Woods Silicon ValleySuper-young Silicon Valley founders aren’t necessarily the most successful. HBO

  • Many associate startup founders with young 20-somethings.
  • A presentation from researchers at The National Bureau of Economic Research found the average exit age of successful silicon valley startup founders was 47.

When you think of successful Silicon Valley entrepreneurs who sell their startup or take it public, you’d be forgiven if you thought they were typically in their 30s, or even their 20s.

The average exit age of successful Silicon Valley startup founders between 2007 and 2014 was actually 47. That’s according to to a post from July on Digitopoly by entrepreneurship professor Joshua Gans citing a paper from the NBER Summer Institute.

Gans also quoted investor Paul Graham in a 2013 interview with The New York Times, who said, “The cutoff in investors’ heads is 32 … after 32 they tend to be a little skeptical.”

With that mindset, investors could be missing out on golden opportunities. Indeed, the bright star of youth is certainly alluring, but nothing beats experience.

Gans says the finding is from basic data results and the research is still developing, but it’s still worth the consideration of Silicon Valley investors who tend to gravitate toward younger entrepreneurs.

At L Technology Group, we know technology alone will not protect us from the risks associated with in cyberspace. Hackers, Nation States like Russia and China along with “Bob” in HR opening that email, are all real threats to your organization. Defending against these threats requires a new strategy that incorporates not only technology, but also intelligent personnel who, eats and breaths cybersecurity. Together with proven processes and techniques combines for an advanced next-generation security solution. Since 2008 L Technology Group has develop people, processes and technology to combat the ever changing threat landscape that businesses face day to day.

Call Toll Free (855) 999-6425 for a FREE Consultation from L Technology Group, https://www.ltechnologygroup.com.