Fred Wilson’s post about the age of entrepreneurs in his portfolio was interesting amid his concern of a potential bias in the age of entreprenuers.  But more importantly is Paul Kedrosky’s rebuttal showing a survey of the age of entrepreneurs which shows a distribution that is pretty consistent with the age distribution of the workforce.  The moral of the story – giving a stat without a context is the easiest way in the world to misrepresent the point of the statistic.  In this case, Fred wasn’t trying to mislead anyone, but his concerns about whether he was hitting a mid-life crisis might have been assuaged he had been looking at the distribution the way Paul did.  Context is everything when it comes to stats. 

 Of course I just gave away the oldest marketing trick in the book when it comes to stats when trying to paint a favorable picture to an audience