| There are so many moving parameters here. You can only improve the odds. Like joining startups from founder / company which had a good previous exit Due deligence is ofcourse a good method to choose, but that will also be based on your own understanding, perception and how convincing the business is to you. After accounting all, its agains a probablistic choice. By going with 2nd time startups / businesses, you are increasing your chanceBy going with mid-age founder you are increasing your chance further. You can build your own logic this way, of pure increasing the chance type of parameters. But again, if only 1 percent startups succeed, the other question is what is success that you want - continual of good salary, getting hired at nother company, stock option or see the success of company listed and encashing it. There will be more secondary and tertiary questions to those questions. The word "success" will have different meaning here. By adding tertiary logic to the above explaination you will start finding answers and selection method to your target. But that too, may increase the chances for 1 percent to 2 percent. You may not exactly come to know, what you should know. But you will know, what you must know - at the minimal level. |