3 ms·
Isn't that better than normal? It used to be 90% of startups going belly up within 3 years, and out of remaining 10%, 9% becoming zombies and 1% having a proper
by treprinum 2y ago
Isn't that better than normal? It used to be 90% of startups going belly up within 3 years, and out of remaining 10%, 9% becoming zombies and 1% having a proper exit? This looks more like Pareto 80/20 which is way better.
- nemomarx 2y agowe're not really there years into the boom though, so it could regress to that. this would be more like 80 failing so far
- bugglebeetle 2y agoConsider: the difference between past and current interest rates.
- kjkjadksj 2y agoA few percentage points? Should mean nothing for vcs as they look to 10x profit. This is the time to go heavy with investing. Turn the stones others are afraid to turn because of spooky single digit percent interest rates. More likely to find your 10x now than when money was cheaper.
- marcosdumay 2y agoIt's about in-house development on large companies... So, that would make it about 2x worse than normal. What IMO, sounds way too good to be true. (But then, I've seen AI projects being determined complete successes by having the same kind of result that would be considered failures on a normal product: being complete, but nobody using them.)
- deleted 2y ago[deleted]