Quote:
Originally Posted by KLAN
Think about how many ppl started from an idea, working in their garage and now those idea are huge companies.
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It's a small percentage actually.
According to the SBA roughly 80% of startups fail. ( Although there are some issues with how they arrive at that figure )
Intuit Says:
But the information I find most intriguing comes from Insight Venture Capital & the
National Venture Capital Association
- 45% of VC backed companies fail
- Of the 55% of VC backed companies that don't fail 12% become significant companies.
My
Small yet meaningful successes happen often... Huge successes are possible, but rare.