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Baby Boomers May Be Your Biggest Startup Competitors

Startup Professionals Musings

In the Kauffman Foundation Survey of nearly 5,000 companies that began in 2004, nearly two-thirds of the founders are now between the ages of 35 and 54. In every one of the last 15 years, Boomers between the ages of 55 and 64 have had a higher rate of entrepreneurial growth than Gen-Y, aged 20–34. These trends seem likely to persist.

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Baby Boomers Are Surpassing Gen-Y As Entrepreneurs

Startup Professionals Musings

In the Kauffman Foundation Survey of nearly 5,000 companies that began in 2004, nearly two-thirds of the founders are now between the ages of 35 and 54. In every single one of the last 15 years, Boomers between the ages of 55 and 64 have had a higher rate of entrepreneurial activity than Gen-Y, aged 20–34. These trends seem likely to persist.

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Your Next Startup Will Likely Be Run By a Boomer

Startup Professionals Musings

In the Kauffman Foundation Survey of nearly 5,000 companies that began in 2004, nearly two-thirds of the founders are now between the ages of 35 and 54. In every single year from 1996 to 2010, Boomers between the ages of 55 and 64 had a higher rate of entrepreneurial activity than Gen-Y, aged 20–34. These trends seem likely to persist.

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The Search For the Fountain of Youth – Innovation and Entrepreneurship in the Enterprise

Steve Blank

The Ambidextrous Organization, Charles O’Reilly / Michael Tushman : April 2004. Darwin and the Demon: Innovating Within Established Enterprises, Geoffrey Moore : July/August 2004. . - The Quest for Resilience, Gary Hamel / Liisa Valikangas : Sept 2003. -

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Boomers are Driving a New Entrepreneurship Boom

Startup Professionals Musings

In the Kauffman Foundation Survey of nearly 5,000 companies that began in 2004, nearly two-thirds of the founders are now between the ages of 35 and 54. The highest growth rate last year actually was the next echelon, Gen-X, 35 to 44-year-olds. These trends seem likely to persist.

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Can You Trust Any vc's Under 40?

Steve Blank

What this meant for entrepreneurs and VCs was a bit more complex– the IPO market was all but closed (with the Google IPO in 2004 as a brilliant exception), but it was possible find a buyer for your company. My experience of 2001-2004 is very remote from what you are describing.

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Gordon Bell R.I.P.

Steve Blank

2004 I’ll miss him. By the time I started my final startup Epiphany , Gordon was at Microsoft, and he became my most valuable advisor. Gordon was not only a mentor and inspiration to me, but to countless engineers and computer scientists. It was a privilege to know him.

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