Open Access Open Access  Restricted Access Subscription Access

Do Younger Entrepreneurs Perform Better in the Bengaluru Startup Ecosystem?


Affiliations
1 Senior Researcher, Project Blueberry, 13/7 Bunder Garden 1st Street, Perambur, Chennai – 600 011, Tamil Nadu, India

   Subscribe/Renew Journal


A common misconception prevalent in today’s world is the belief that young entrepreneurs are considerably more successful than their older counterparts. This paper quantitatively analyses 20 unicorn startups (a valuation exceeding $1 billion) exclusively coming out of Bengaluru, the Silicon Valley of India between the years 2011 and 2021, and the 35 or so entrepreneurs associated with them disproving this above-mentioned false statement in the process (given that unicorns could be considered the textbook definition of a successful startup). Additionally, this paper infers that there is no correlation between age of the entrepreneur(s) and time taken for a company to achieve unicorn status.

Keywords

Bengaluru-Based Startups, Entrepreneurial Age, Unicorns, Unicorn Startups.

Paper Submission Date : May 6, 2021 ; Paper Sent Back for Revision : September 16, 2021 ; Paper Acceptance Date : September 25, 2021.

User
Subscription Login to verify subscription
Notifications
Font Size

  • Azoulay, P., Jones, B. F., Kim, J. D., & Miranda, J. (2018, July 11). Research: The average age of a successful startup founder is 45. Harvard Business Review. Retrieved May 5, 2021 from https://hbr.org/2018/07/research-the-average-age-of-a-successful-startup-founder-is-45 BigBasket. (n.d.).Retrieved May 5, 2021 from https://www.crunchbase.com/organization/bigbasket-com
  • BYJU's. (n.d.).Retrieved May 5, 2021 from https://www.crunchbase.com/organization/byju-s
  • Dailyhunt. (n.d.).Retrieved May 5, 2021 from https://www.crunchbase.com/organization/newshunt
  • Digit Insurance. (n.d.).Retrieved May 5, 2021 from https://www.crunchbase.com/organization/digit-insurance Flipkart. (n.d.). Retrieved May 5, 2021 from https://www.crunchbase.com/organization/flipkart
  • Glance. (n.d.).Retrieved May 5, 2021 from https://www.crunchbase.com/organization/glance-6e2a
  • Groww. (n.d.). Retrieved May 5, 2021 from https://yourstory.com/companies/groww/amp
  • Hall, T. (2018). Don't fall for this myth about young entrepreneurs. Inc.com. Retrieved May 5, 2021 from https://www.inc.com/tanya-hall/dont-fall-for-this-myth-about-young-entrepreneurs.html InMobi. (n.d.). Retrieved May 5, 2021 from https://www.crunchbase.com/organization/inmobi
  • Lenskart. (n.d.). Retrieved May 5, 2021 from https://www.crunchbase.com/organization/lenskart-com Medhora, P. B. (1965). Entrepreneurship in India. Political Science Quarterly, 80(4), 558-580. https://doi.org/10.2307/2146999 Meesho. (n.d.). Retrieved May 5, 2021 from https://www.crunchbase.com/organization/meesho
  • Mu Sigma. (n.d.). Retrieved May 5, 2021 from https://www.crunchbase.com/organization/mu-sigma
  • Ola. (n.d.). Retrieved May 5, 2021 from https://www.crunchbase.com/organization/ola
  • Ola Electric. (n.d.). Retrieved May 5, 2021 from https://www.crunchbase.com/organization/ola-electric
  • Omar, M. (2019). Bangalore the “Silicon Valley” of India. Scientya. Retrieved May 5, 2021, from https://scientya.com/bangalore-the-silicon-valley-of-india-ce09fa3f3099
  • Postman. (n.d.). Retrieved May 5, 2021 from https://www.crunchbase.com/organization/postman
  • Prabhu, J., & Jain, S. (2015). Innovation and entrepreneurship in India: Understanding jugaad. Asia Pacific Journal of Management, 32, 843-868. https://doi.org/10.1007/s10490-015-9445-9
  • Quikr. (n.d.).Retrieved May 5, 2021 from https://www.crunchbase.com/organization/quikr-india
  • Rani, M. A. (2017). Startup India: Opportunities & challenges “Start up India stand up India”. ACADEMICIA: An International Multidisciplinary Research Journal, 7(1), 104-113. http://www.indianjournals.com/ijor.aspx?target=ijor:aca&volume=7&issue=1&article=008
  • Razorpay. (n.d.). Retrieved May 5, 2021 from https://angel.co/company/razorpay
  • ShareChat. (n.d.) Retrieved May 5, 2021 from https://yourstory.com/companies/sharechat/amp
  • Swiggy. (n.d.). Retrieved May 5, 2021 from https://www.crunchbase.com/organization/swiggy
  • Udaan. (n.d.). Retrieved May 5, 2021 from https://www.crunchbase.com/organization/udaan
  • Unacademy. (n.d.). Retrieved May 5, 2021 from https://www.crunchbase.com/organization/unacademy
  • Venture Intelligence Unicorn Tracker. (n.d.). Ventureintelligence.com. Retrieved May 5, 2021 from https://www.ventureintelligence.com/Indian-Unicorn-Tracker.php

Abstract Views: 162

PDF Views: 0




  • Do Younger Entrepreneurs Perform Better in the Bengaluru Startup Ecosystem?

Abstract Views: 162  |  PDF Views: 0

Authors

Adithya Vikram Sakthivel
Senior Researcher, Project Blueberry, 13/7 Bunder Garden 1st Street, Perambur, Chennai – 600 011, Tamil Nadu, India

Abstract


A common misconception prevalent in today’s world is the belief that young entrepreneurs are considerably more successful than their older counterparts. This paper quantitatively analyses 20 unicorn startups (a valuation exceeding $1 billion) exclusively coming out of Bengaluru, the Silicon Valley of India between the years 2011 and 2021, and the 35 or so entrepreneurs associated with them disproving this above-mentioned false statement in the process (given that unicorns could be considered the textbook definition of a successful startup). Additionally, this paper infers that there is no correlation between age of the entrepreneur(s) and time taken for a company to achieve unicorn status.

Keywords


Bengaluru-Based Startups, Entrepreneurial Age, Unicorns, Unicorn Startups.

Paper Submission Date : May 6, 2021 ; Paper Sent Back for Revision : September 16, 2021 ; Paper Acceptance Date : September 25, 2021.


References





DOI: https://doi.org/10.17010/amcije%2F2021%2Fv4i4%2F167522