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>> But when Ars reached Chen by phone, he seemed nonplussed by his own company's failure. "Do you know what the percentage of completion is for Kickstarters in general for technology-based startups?" Chen asked. "Probably 85 percent of all startups fail."

I wonder if this is actually true and if there's any hard historical data on this. It sounds to me like a statistic he just made up.



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