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I was shocked that it was that low. Even considering that another 20%+ are probably on life support, in denial, and/or destined for failure, that is an amazing
by downandout 10y ago
I was shocked that it was that low. Even considering that another 20%+ are probably on life support, in denial, and/or destined for failure, that is an amazingly high success rate in startupland.
- jedc 10y agoTechstars has shown stats for all companies for years, and has a 10% failure rate. - http://www.techstars.com/companies/ http://www.techstars.com/companies/ (78% active, 12% acquired, on a base of 800 companies) Techstars and YC appear to have pretty dramatically different philosophies on selection, which influence this.
- josh_carterPDX 10y agoAgree. I would say the selection criteria for every program varies and each have their own strengths, but having the data around how many companies have failed should influence companies thinking about which program they should pursue.
- robryan 10y agoYou often can't find so much as a blog post for early stage companies that have failed. Given you can keep a mostly dead service with few customers running as is for such a small yearly cost. The giveaway is usually a blog or social media accounts that haven't been updated in years.