Paul graham wrote about this 11 years ago: https://www.paulgraham.com/aord.html https://www.paulgraham.com/aord.html Startups are mostly all default dead. That

Paul graham wrote about this 11 years ago: https://www.paulgraham.com/aord.html https://www.paulgraham.com/aord.html Startups are mostly all default dead. That's why they need VC money.