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Over 50% of startups fail. If you factor in acquisitions as failures, the number is closer to 90%. HN has been around awhile and has been a hotbed of the same
by shadowgovt 4y ago
Over 50% of startups fail. If you factor in acquisitions as failures, the number is closer to 90%.
HN has been around awhile and has been a hotbed of the same starry-eyed startup dream for a couple generations of young people getting on the carousel now, so I guess I'm not terribly surprised if the attitude "welcome to the club, we would print you a t-shirt but our printer startup went out of business" shows up around these parts from the folk who have been on the ride awhile.
There are a lot of folks who read HN who had their dream crushed for a lot stupider reasons.
ETA: that is something I'd like to see more of here though. There's a lot of folks who have been through a bust cycle and survived it and even stayed in the industry. What kept you going? How did you come out the other side? Was it as scary as it feels when you haven't done it before?