Berkonomics

The average successful founder is 42 years old. 

Not 24. Not fresh out of a dorm room. Not someone who’s never felt the weight of a payroll they weren’t sure they could make.

The mythology of the young founder is real — and it’s misleading. It selects for a very specific type of company (consumer tech, social, gaming) in a very specific window of history. It doesn’t describe most of what actually works.

What 42 represents is compounded experience. It means you’ve been wrong about a market before and adjusted. It means you’ve hired badly and learned how expensive that is. It means you’ve had a product that worked and watched it stop working, and you survived that too.

[Email readers, continue here…] Endurance is underrated in a world that celebrates launch days.

The median time between funding rounds is now over 700 days — up from 450 just a few years ago. That gap is where most companies die. Not from bad ideas. From founders who planned for a sprint and found themselves in a marathon.

The founders who make it to year five don’t run faster. They pace differently. They build cash discipline before they need it. They make hard calls before the runway forces it. They surround themselves with people who have seen more cycles than they have.

Experience doesn’t slow you down. It just stops you from making the same mistake twice.

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