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Late Bloomers

TED Radio Hour

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Investing in a 50-Year-Old Founder

The chances of having a successful exit for an investor are far greater if you were to invest in a sort of midlife career entrepreneur. The older you are, the more likely that you will actually hit the stock market or sell the company successfully. This is so strong, actually, that if you are in the 50s, you're twice as likely to have a successful exit than if you are on your turkeys. It's not just like pick a random 50-year-old founder and invest in them.

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