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You are not unlucky the vast majority of startups fail. You need to be extremely lucky, extremely talented, extremely ambitious basically extremely everything
by cupofcoffee 5y ago
You are not unlucky the vast majority of startups fail.
You need to be extremely lucky, extremely talented, extremely ambitious basically extremely everything to create a company and get rich from it.
It's pretty much a pipe-dream to create a company and get rich from it. The most likely result is ending completely burnt out and having wasted a couple of years.
- internetslave 5y agoFalse. I personally know multiple people that have done it. And I knew them before they got rich
- cupofcoffee 5y agoRight. Even if you knew 100 people that all made startups and made 10M+ it would still prove nothing. What percentage of startups do you think succeed?
- internetslave 5y agoI’m kinda busy to go all into this, but generally people who went to top schools and raise from top vcs gave very good outcomes. The problem is when you lump in people with bad or mediocre career outcomes who try to start a company. The data is very misleading, getting funding from Andreesen Horowitz leaves a huge chance of success.