I keep hearing this statistic, can some better define it for me? Like does success mean exit where founders get x dollars? Success seems arbitrary. And is that at 1 year mark?
I get that validating PMF greatly increases the odds of success, too much market saturation decreases odds, crappy hard to use Ai might be contributing to lower odds of success, not knowing how to market, not having a team that can execute…
But what do those companies have and do that the 90% failures don’t?
I get that validating PMF greatly increases the odds of success, too much market saturation decreases odds, crappy hard to use Ai might be contributing to lower odds of success, not knowing how to market, not having a team that can execute…
But what do those companies have and do that the 90% failures don’t?