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Select the statement about founders that is not true:_______.
1. The average age for receiving venture capital is 42
2. Overconfidence increases the chance of launching a venture, but not the chance of success
3. Women start nearly 40% of businesses in the US
4. Founders in their 20s succeed at a higher rate than founders in their forties

Answer :

Answer:

4. Founders in their 20s succeed at a higher rate than founders in their forties

Explanation:

There's is no evidence or statistical data which validates this statement. Consider, we have many company founders who were in their forties, and they were able to their companies successfully.

For example, we have founders like;

  • Sam Walton, the founder of Wal-Mart
  • Arianna Huffington, the founder of The Huffington Post

All of the above were in their forties but succeeded in their companies.

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