Isn't that better than normal? It used to be 90% of startups going belly up within 3 years, and out of remaining 10%, 9% becoming zombies and 1% having a proper exit? This looks more like Pareto 80/20 which is way better.
It's about in-house development on large companies...
So, that would make it about 2x worse than normal. What IMO, sounds way too good to be true.
(But then, I've seen AI projects being determined complete successes by having the same kind of result that would be considered failures on a normal product: being complete, but nobody using them.)
A few percentage points? Should mean nothing for vcs as they look to 10x profit. This is the time to go heavy with investing. Turn the stones others are afraid to turn because of spooky single digit percent interest rates. More likely to find your 10x now than when money was cheaper.
