I disagree with all the negative responses here--I think this is an excellent article with useful warnings. Yes, the 98% datapoint is random and unsubstatiated

I disagree with all the negative responses here--I think this is an excellent article with useful warnings. Yes, the 98% datapoint is random and unsubstatiated, but I think the author is using it more figuratively than literally. Most startups fail. That's all he's saying.