Even if they all had the money, 95% of them will fail. HN likes to focus on the success side of the equation - but with high risk also comes a high failure rate

Even if they all had the money, 95% of them will fail. HN likes to focus on the success side of the equation - but with high risk also comes a high failure rate. I know tons of people who started their own businesses -it's got little to do with seed capital and everything to do with execution. They had it, and they blew it, through bad decions mostly.