Ouch! Startups Are Very Risky!

Starups get a lot of attention for their potential to “change the world”. Less publicized is that they are hugely risky. They may fail for lack of funding. But they fail at an alarming rate even after they get fudning, even after a first round of seed investment.

Fred Wilson shares a chart that shows this. It is an eye opener for anyone who relies on the startup world for his or her career. Be ready to manage risk!

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