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by dragonwriter
4590 days ago
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Perhaps two different definitions of "fail"; the "returning nothing to any investor" is a fairly strong definition of failure, and I suspect the common 75% number is based on a weaker definition of failure (e.g., returning less than 1:1 on investment is a plausible weaker definition of failure for a company, though I don't know if that is what the 75% number is based on.) |
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