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The similarity between the two is clear when you're running an early stage startup: being either funded or profitable means you are not imminently going to run
by pg 16y ago
The similarity between the two is clear when you're running an early stage startup: being either funded or profitable means you are not imminently going to run out of money. And since that is usually the main thing you're worried about in a startup 6 months old, that is an important similarity.
- carbocation 16y agoAha - I think I follow. I thought the 74% was an attempt to inform us about the startups. In a sense, it's not - it's telling us more about YC and its ability to pick and/or guide startups such that they don't quickly crash and burn. Thank you; that makes more sense, now.
- alain94040 16y agoIt means that 74% of the graduating class is alive and healthy, at least for a while. Don't try to read more than that into it.
- carbocation 16y agoNo, that simply brings me back to wanting to see longer-term outcomes. However, so far, so good!