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by DoreenMichele
2991 days ago
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It was found that 90 percent of the small businesses fail within one year. http://smb-trends.com/2011/02/smb-failure-rate-us/ Out of 1280 YC companies, only 139 are listed as dead. Without pulling out a calculator to determine an exact figure, that roughly flips that figure from 90% failure rate to a near 90% success rate. And actually it is worse than that because the 90% failure rate is in the first year and the near 90% success rate for YC is an "all time" figure for the history of YC. http://yclist.com |
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