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Some of those 80% might be successful businesses and even exits that make the founders rich in the $20M-$50M range, they just don't have enough traction to be v
by il 14y ago
Some of those 80% might be successful businesses and even exits that make the founders rich in the $20M-$50M range, they just don't have enough traction to be venture-scale startups.
Or let's put it this way:
80% of startups will not reach $100M in revenue.
Does that sound so bad?