[aerosmile]

I am struggling to understand what you're trying to say. Technically what you said is perfectly correct, but in a "the sun goes up in the morning and comes down in the evening" kind of a way. I doubt there are many people on Hacker News who don't realize that most VC backed ventures fail.

What would have been more insightful is a conversation around relative benchmarks. For example, "do YC companies fail at a higher rate than the cohort of equally funded companies?" (hint: no).

Or perhaps, if you're trying to criticize the VC industry, perhaps ask, "if a VC put in money in every YC company since the beginning of YC, what would their IRR be today?" (hint: massive).

[sombremesa]

I'm trying to say: 'Of course, nobody talks about those.'

Since it's soooo obvious that we should all hide our failures and glorify our successes without questioning this practice (I did say 'of course'), I understand how you missed the point.