Why Too Many Startups (er) Suck
Steve Blank
SEPTEMBER 21, 2012
This is a guest post by my Startup Owner’s Manual co-author Bob Dorf. ——————-. While statistics are weak on startup success rates, the worst one I’ve seen suggests that 2 in 1000 venture backed startups will ever achieve $100-million or more in valuation. Another stat puts that number at 2% rather than 0.2%. Either way, the “hurdle” for successful, scalable startups is high, and it gets higher every day as customer acquisition challenges continue to increase.
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