3 ms·
If startups fail (test bad ideas) 5x faster than in the 80's and 90's and if most founders quit entrepreneurship after their 1st failure, even if 2x more people
by tsenkov 8y ago
If startups fail (test bad ideas) 5x faster than in the 80's and 90's and if most founders quit entrepreneurship after their 1st failure, even if 2x more people are founding companies, then it's probably normal that, overall, less man-years would be spent in startups every year in the US.