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jcims 5 hours ago

Roughly equivalent to the percentage of startups that fail.

Lower numbers don’t mean we’re doing better, it means we’re trying less.

BobbyTables2 4 hours ago | parent | next [-]

I’m not entirely sure other startups necessarily want to succeed…

Their goal often seems not to be toward a successful, sustainable product. They just market their vision in the hopes of being acquired.

A few fewer failures might not be entirely a bad thing.

throwaway27448 3 hours ago | parent [-]

Isn't this the entire point of vc culture? Builders are rubes; investors are the smart kids who can cash out before their investment collapses.

The missing ingredient of course is the people. We cannot let this country pretend it's functional when it invests so poorly. Any sane version of the us will expect years if nit decades of economic pain before these investments pay off

m463 4 hours ago | parent | prev [-]

lower numbers might be play to not lose, instead of play to win. On the other hand, do no harm.

ugh, I don't know