The book 'Super Founders' provides insights that a founder's age does not correlate strongly with success. The median age of unicorn founders in the study was 34, with some founders as young as 18 and others as old as 68 when they started. On average, founders who were 34 or older had a more extended history of entrepreneurship than their younger counterparts. Examples include Marc Lore, who was 42 years old when he founded the e-commerce site Jet.com, and David Duffield, who was 64 when he founded human capital management software giant, Workday.

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Super Founders

The billion-dollar startup founder is shrouded in mystery and mythology, but don’t believe everything you hear. If you’re not an Ivy League drop-out t...

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Billion-dollar startups, or "unicorns," make up for less than 0.1% of startups. Despite the "eccentric Ivy League drop-out" stereotype, many successful startups and their founders defy assumptions about competition, education, financing, and more. Don't assume that you can't be one of them. A founder's age does not correlate strongly with success. The median age of unicorn founders in this study was 34. Some founders were as young as 18, and others as old as 68 when they got started. On average, founders who were 34 or older had a more extended history of entrepreneurship than their younger counterparts. Age has no appreciable advantage when you start a company. Marc Lore was 42 years old when he founded the e-commerce site Jet.com. David Duffield was 64 when he founded human capital management software giant, Workday. Data reveals that only one person founds one out of every five billion-dollar companies. However, it also shows that a duo founded nearly a third (28%). It is less comm...

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The data regarding the number of founders in billion-dollar companies is significant as it challenges the common stereotype that successful startups are usually founded by a single individual. The data reveals that only one out of every five billion-dollar companies is founded by a single person. However, it also shows that nearly a third (28%) of these companies are founded by a duo. This suggests that having a co-founder can potentially increase the chances of a startup becoming a billion-dollar company. It also highlights the importance of collaboration and teamwork in the success of a startup.

The findings in 'Super Founders' can significantly influence strategies for entrepreneurs and investors. They debunk common myths about startup success, such as the need to be a young Ivy League dropout or to have a unique idea. The data shows that age is not a strong determinant of success, with founders ranging from 18 to 68 years old. It also reveals that solo founders and teams can both achieve billion-dollar success. These insights can encourage entrepreneurs of all backgrounds and ages to pursue their ideas, and guide investors to look beyond stereotypes when choosing startups to support.

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