Mention the phrase “tech entrepreneur” and most people think of Bill Gates, Steve Jobs and/or Mark Zuckerberg. Yet the notion that America’s typical tech entrepreneurs are in their 20s is a myth, according to a 2009 survey of 549 company founders by Duke University. The survey found that the average and median ages of these founders was 40. Twice as many were older than 50 as were younger than 25, and 43.5 percent had two or more children.
Vivek Wadhwa, who’s the research director at Duke’s Center for Entrepreneurship as well as a Washington Post columnist, wrote about the survey findings in a recent boston.com article. In addition to the age myth, the research addressed a few others, such as: entrepreneurs are born, not made; college dropouts make better entrepreneurs; women can’t cut it in the tech world; and venture capital is a prerequisite for innovation. Here’s Wadhwa’s full article.