> The national rate of failure for startups is 75-90%... This means for every [Techstars] company that is acquired, there is a company that fails. For a program that is picking the best startups, this is not that impressive.
A 1:1 ration is actually very good. The failure rate for pre-VC startups is actually much higher than 90%. 75% of VC-funded startups fail [1] but only a tiny minority of startups ever get to that stage. If Techstars really keeps up a 50% success rate that would be amazing (though I assume it will go down over time).
A 1:1 ration is actually very good. The failure rate for pre-VC startups is actually much higher than 90%. 75% of VC-funded startups fail [1] but only a tiny minority of startups ever get to that stage. If Techstars really keeps up a 50% success rate that would be amazing (though I assume it will go down over time).
[1] http://online.wsj.com/news/articles/SB1000087239639044372020...