3 ms·
I think each earnest attempt would probably occupy about 3 years of your lifespan, so you probably can try at most 20 times. If these are independent, then it's
by mitthrowaway2 3y ago
I think each earnest attempt would probably occupy about 3 years of your lifespan, so you probably can try at most 20 times. If these are independent, then it's still an 82% chance of failure. But successive attempts after repeated failures might also make it harder to attract confidence from investors, not to mention loss of your own self-confidence. And if you finally succeed in founding Google when you're 80, you might find that you don't have that much use for the money anymore, nor much interest in running Google.
- kelnos 3y agoConversely, repeated failures can give you the experience needed to increase the odds that your next attempt could be successful.
- iamleppert 3y agoAsk anyone who has ever failed at a startup before, how easy it is to get funding again. VC's would rather take a chance on someone they don't know vs. rip open old emotional bags with a failed founder.
- verelo 3y agoAs someone thats on startup #7 and is ~37 years old I can attest to this: I have had 5 flat out failures, 1 break even experience and 1 life changing experience (I don't own a private jet unfortunately). I'm fucking tired. I really hope theres something huge in the future, but the reality is I struggle to believe I have enough left in me to finish this one, let alone more. Also, I'm just more interested in family and enjoying the mobility of the youth I have left, much more than chasing down unlimited resources.