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Azoulay, Jones, Kim, Miranda (NBER Working Paper)

1 resource from Azoulay, Jones, Kim, Miranda (NBER Working Paper) we point founders to, and the questions each answers.

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Why we picked it The honest counterpoint you should read before deciding. This large study finds that, on average, older founders have higher success rates in high-growth entrepreneurship, which is real and worth knowing. But it also tells you where that edge lives (deep-domain, capital-heavy, relationship-heavy markets), which is exactly where a student should not fake fit, and by contrast where your youth and lived proximity are the smarter bet.

Age and High-Growth Entrepreneurship

From Azoulay, Jones, Kim, Miranda (NBER Working Paper) by Pierre Azoulay et al. Research paper

  • On average, older founders succeed more in high-growth startups.
  • Their edge concentrates in domain-heavy and relationship-heavy markets.
  • Use it to pick markets where your age helps, not where it hurts.
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