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Older entrepreneurs find new niche in startups

Quick, picture a startup sensation.

Did you see 27-year-old Facebook founder Mark Zuckerberg? Or maybe Ben Milne, who created two successful companies in his 20s, including the mobile payment darling Dwolla? Or Ben Silbermann, who 10 years after graduating from Des Moines’ Roosevelt High School helped launch one of the fastest growing websites ever with Pinterest?

But if you look beyond those headline-grabbing names, you’re more likely to find a baby boomer launching a new business.

Over the past decade, the highest rate of entrepreneurial activity belongs to the 55 to 64 age group, according to a study by the Kauffman Foundation, a Kansas City, Mo.-based entrepreneurship institute. The 20 to 34 age bracket has the lowest rate.

By Lynn Hicks, The Des Moines Register

Full Story: http://www.usatoday.com/money/economy/story/2012-03-11/older-entrepreneurs/53483890/1

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