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Also, those numbers refer to the 118 startups prior to the current cycle. The 27 this summer haven't had time yet to fail, merge, get acquired, or hire people.

• matt1 17y ago
  Thank you -- that makes sense. Do you know how many founders there were in addition to the 200 employees in that survey?
  • pg 17y ago
    You can usually multiply the number of startups by about 2.5.