this post was submitted on 17 Feb 2024
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[โ€“] [email protected] 9 points 8 months ago (1 children)

I would say it's even more true for startups except they have less safety nets, so the vast majority fails.

[โ€“] [email protected] 5 points 8 months ago

You are right. In fact, 90% of all startups fail, irrespective of other factors like type of business, etc. I have seen so many unicorns in my country fail spectacularly in last couple of years that I am mostly convinced that CEOs are just as fools as rest of the people.