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Thanks for this. It made me do some more digging. From quick googling the odds of winning powerball is on the order of e-10, while unicorn startups of valuati
by iancmceachern 4y ago
Thanks for this. It made me do some more digging.
From quick googling the odds of winning powerball is on the order of e-10, while unicorn startups of valuations above 1 billion have a success rate on the order of e-5.
Your comment is true, startup equity is more likely than a lotto ticket so it's not the best analogy.
https://nanoglobals.com/startup-failure-rate-myths-origin/ https://nanoglobals.com/startup-failure-rate-myths-origin/