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by FiatLuxDave
4271 days ago
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There are some interesting stories in here (check out the condom key-chain one), but it would be nice if they were broken down by industry, or at least didn't have quite so many service-offered-over-web/new-blogging-service stories. Maybe its just that there are so many of those these days? It makes me wonder if anyone reading this has some information breaking down startup failure rates by industry or sector... perhaps with average capitalization and length of operation before failure. It would make sense to me that the typical cat-video-sharing startup might have a much higher failure rate, but lower capital cost and years invested, than say, genomics startups or solar power startups. It might be good to see how gift stores, enterprise software or financial services fit in between those extremes. Thanks for posting them here. This is great HN content. |
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"Though I had a Stanford MBA and regularly consulted on multimillion-dollar projects, I didn't know the first thing about starting a business. When I asked a successful classmate how to invoice a customer, he suggested I go to one of the large business-supply warehouses. "They sell 'Business in a Box,' " he told me. "It's got everything you need." I didn't realize he was joking until I asked a clerk for one at Office Depot."