Hacker Newsnew | comments | show | ask | jobs | submit login

evidence? pg hasn't given any either, but he gets somewhat more starting cred than you by virtue of staking his own money on his belief. (If his advice doesn't work, he gets low returns on his investments). You two are stating as fact two contradictory things, and I (and probably most readers) am unwilling to take your statements as fact without evidence.

Can you point me to any studies about the failure rates of startups? anything that's not anecdotal or personal experience?




My original post was based on my experience. PG responded with absolute (and absolutely asinine) claims about statistics. I'd like to see him provide some evidence. Giving him more "starting cred" is the problem with the YC way of doing things- its a cult of personality and the personality in question gives some good advice but also some bad advice.

However, you can look at any list of the richest people, or any list of successful startups, and you'll note that most of them were founded by individuals. Though you gotta restrict your data to companies that have lasted a decade or so- otherwise you havent' given the founding teams time to split apart.

-----




Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | DMCA | Apply to YC | Contact

Search: