Hacker News new | ask | show | jobs
by dragonwriter 4590 days ago
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.)