Hacker News new | ask | show | jobs
by jfoster 4575 days ago
Imagine the success-failure spectrum.

On one end, there are the companies that fail; for every dollar put in, exactly $0 came out in the end.

The other ("success") end is more difficult to define because there is no end point; the company that is furtherest along that end of the spectrum might not hold that position forever if an even more successful company comes along.

I think the natural tipping point between failure and success is the break-even point, perhaps adjusted for inflation. A company that does just a bit better than breaking even for investors isn't going to overwhelm anyone, but it's the point at which most people won't feel too bad about having invested in the company. Top investors who are used to yielding massive gains will perhaps not feel the same way about that, though.