Bootstrapping Business Model Kansas Revenue 
Startup Professionals Musings
DECEMBER 30, 2016
I still hear often the dream of a free service to users, supported by advertising, per the Facebook model. Entrepreneurs don’t realize that Facebook spent over $100 million, before revenues from advertising turned cash positive. Business founders need deep pockets for this model.
online.wsj.com
SEPTEMBER 23, 2012
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. Non-classifiable Establishments. California. Connecticut. District of Columbia. Massachusetts. Mississippi.
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