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Well, it is. Most startups fail, meaning someone's investment simply evaporates. There are unicorns, sure, and some startups stabilize or cash out, but if you
by pluma 11y ago
Well, it is. Most startups fail, meaning someone's investment simply evaporates.
There are unicorns, sure, and some startups stabilize or cash out, but if you pick any startup at random, you're likely looking at something that's burning money and will fail eventually.
- 5ersi 11y agoOf course, because startup success is not a linear distribution. Most startups fail, only a minority succeed, so "randomly choosing one" is a wrong way to assess the whole market. And that was my point about bankers looking at moonshot projects as "money loosing". They should looks at startup ecosystem as a whole and assess how much return on investment it has long term, and then look at Google's moonshot projects the same way (or more favourably, because Google is not a random startup - they can execute much better).