One in six Americans is at least 65 years old
This leads to opportunities for founders in areas ranging from longevity to early detection and preventative care.
Here’s an interesting data point: today, roughly one in six Americans is 65 or older, and their share continues to rise.
As Joanna Glasner writes in this Crunchbase News article, “It’s a trend that hasn’t gone unnoticed in the start-up world. Longevity-focused founders and investors have long been working to replace the notion of chronological age with biological age. Who cares about the year on your birth certificate, the thinking goes, if you’re healthy, productive and still enjoying what life has to offer?”
Whether it is companies focused on longevity, which she writes is probably the most popular theme, or early detection and preventative care, there are some serious dollars being raised. And, even though Glasner acknowledges the propensity for venture capital to invest in younger founders, she also notes that “one thing today’s young founder crowd can expect with relative confidence is that eventually, they too will be old. And, if all goes well, they will likely stay old for a very long time.”