"Less than half of the startups we funded in the first 5 years of YC have died."
But how many were successful, in the sense of paying back their investors? The most likely outcome of most VC investments is a "zombie", a company which can pay its own operating systems but is a net loss to investors. The usual VC stats are that about 10% are wins, 20% go bankrupt, and the rest drag on for years in zombie mode.
But how many were successful, in the sense of paying back their investors? The most likely outcome of most VC investments is a "zombie", a company which can pay its own operating systems but is a net loss to investors. The usual VC stats are that about 10% are wins, 20% go bankrupt, and the rest drag on for years in zombie mode.