The typical unicorn founder started their business at 34

New research undercuts the perception that creating successful companies is a young person’s game. — Pixabay

The notion of the teenage and twenty-something technology entrepreneur looms large. In reality, the most successful companies are more commonly founded by people in their 30s or older.

Among startups valued at US$1bil (RM4.14bil) or more created over the last 15 years, the median age of the founders when starting their businesses was 34, according to research in a new book called Super Founders: What Data Reveals About Billion-Dollar Startups.