For every founder who sticks with bad odds and succeeds there are ten who stick and fail. Pretty much everyone will say "I stuck with it", and almost all of th

For every founder who sticks with bad odds and succeeds there are ten who stick and fail. Pretty much everyone will say "I stuck with it", and almost all of them will be right - they did stick with it, at least for a while. The thing is, could they have held on for even longer? Put another way, almost no startups fail because the founders go completely bankrupt and don't pay the server bill and the site is shut down by their hosts even has the founders still frantically keep working to stave off death. But most people give up at some point before then - after there's a launch but no traction and no investors for three or six or eighteen months, when they are not literally bankrupt or have not literally exhausted every last possibility, but it seems hopeless and that 100K/year Google offer starts looking a lot more rational.