Hacker News new | ask | show | jobs
by 3beard 4239 days ago
Don't forget that only ~1% of startups develop breakthrough products, because only ~1% of startups break through.
1 comments

Not sure if you are just trolling, but I'm pretty convinced that ~100% of startups are developing 'breakthrough' products. For various reasons only ~1% turn out to be very successful at it.

From an after-the-fact standpoint it's easy to point at the losers and say all kinds of nasty things about them. But since you can't reliably pick the winners of tomorrow, nor can the losers reliably pick themselves (they are usually both at different times) any sentiment towards failed startups being a waste is really just a misconception.

5 minutes of browsing on producthunt should change your opinion that 100% of startups are developing breakthrough products.
Maybe it'd be more precise to say 100% of startups believe they're developing breakthrough products?