This article was absolutely terrible. Several points sound more like the author is playing buzzword bingo, and the rest are unsupported by the explanation. Take #1, for example. How does the number of business plans that received funding relate to a 98% chance of losing your capital investment?
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This article was absolutely terrible. Several points sound more like the author is playing buzzword bingo, and the rest are unsupported by the explanation. Take #1, for example. How does the number of business plans that received funding relate to a 98% chance of losing your capital investment?
I don't know, I agree that the evidence presented is sketchy, but the number sounds right. You're certainly far more likely to fail than succeed.
I didn't think the article was terrible at all.