The media hyped the successful post-90s entrepreneurs, and beat up Reservoir Dogs when they failed. The success rate of entrepreneurship after 90 is low, and the success rate of entrepreneurship in every era is low. The success rate of starting a business after 60, 70 and 80 is similar to that after 90, 00, 10, 20 and 30, and the failure rate is far greater than the success rate.

There are too many factors that affect the success of entrepreneurship, such as timing, technology, system, investment, and black swan incident. This is not just the age of the founder. A successful company is like a lucky winner in the lottery. Everyone saw that they had won 5 million yuan, but they didn't see that there were hundreds of millions of losses behind a winning prize. As for the success rate of starting a business, this passage is an empirical explanation:

Macclure counted 500 startups that successfully invested:

Among them, there are 2-3 unicorns (over one billion dollars in size), only 30 centaurs (size 1 billion dollars) and a group of foals (size10 million dollars). In addition to successfully investing in a considerable number of start-up companies, when we cultivated the first unicorn, we already had six centaurs and more than 30 foals.

Usually our investment 15%-30% will get a return, and 5%- 10% will get a generous return.

The law of investment projects, as mentioned above: 5%- 10% can get rich returns, 15%-30% will get returns, and the other 70% will not get returns. This is still a very good performance.

Similarly, a startup company may become a superstar company in one million miles, a unicorn in ten thousand miles, 1% will survive, and 90% will die. Die, whether you are born after 80, 90 or 00.