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by dahart
1457 days ago
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> the odds of a venture backed startup shutting down at any point over the next ten years is something like 30%. Where is this number from? Googling, I see numbers like 75% of venture backed startups failing [1] and 90% of all startups failing, most of that within the first year. The suggestion that 70% of venture startups live for at least a decade smells unlikely. [1] https://www.wsj.com/articles/SB10000872396390443720204578004... > from a risk perspective, it's literally over 100x more risky to use a software product made by a venture backed company than one from a solo founder. Yeah, no this is not even close to true (because, as many others have pointed out, death is not the primary risk to a solo founder, funding & motivation are). Unfunded startups fail at a higher rate than venture backed, from what I can find. YC funds solo founders, but advises trying to find a co-founder because the risks are higher. https://www.ycombinator.com/library/7P-does-yc-fund-solo-fou... |
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If you include acquihired teams / sunsetted products, that number is even higher.