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