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70% of tech startups (or even more) fail on themselves and not just because they took VC money. It's just a risky asset class and people should understand that.
by ymolodtsov 8y ago
70% of tech startups (or even more) fail on themselves and not just because they took VC money. It's just a risky asset class and people should understand that. And the most of them would be impossible to properly launch without significant initial investments as most of the time the idea is to reach near zero marginal costs and scale by investing a lot in your tech/community.
- mrnobody_67 8y agoMain point is the startup risk is unnaturally amplified by capital, which increases monthly costs, with the hope of generating unnatural growth rates that never arrive... It'd be really interesting to see the failure rate of bootstrapped tech startups vs. those that took VC money, I'm betting it'd be a lot lower.