On the other hand, many resources accumulate with age, including access to human, social and financial capital. Older entrepreneurs are likely to have more experience in managing development, finance marketing, sales, HR and other operations.
I wonder why they didn’t look at prior startup experience. Could it be that those 44 yrs old had 2-3 other startups before that just didn’t work and so they knew how to do things?
Even just regular work experience will help a lot. Some of the successful founders I know had a few failed startups under their belt. But you can learn a lot from just working with other people. I’ve learnt a lot about all sorts of things just by taking an interest in how my colleagues do their work, and most of it was stuff I’d have struggled to figure out by my self.
I wonder why they didn’t look at prior startup experience. Could it be that those 44 yrs old had 2-3 other startups before that just didn’t work and so they knew how to do things?