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Software Startup Myths Debunked

www.singlefounder.com

Go ahead and laugh, but over 95% of Moon River Software’s revenue this year has been from consulting services. The software I sell has made up less than 5% of total revenue in the past 12 months. I’ve been operating the business full time for 10 months now and only recently felt the need to move out of my basement.

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The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

If failure is defined as failing to see the projected return on investment—say, a specific revenue growth rate or date to break even on cash flow—then more than 95% of start-ups fail, based on Mr. Ghoshs research. 1992 Recommendations. start-ups fail, he says. Languishing businesses were counted as survivors. Mary Childs.