Maybe everyone’s favourite 90% failure rate statistic in startups is a sign than the startup model is broken?
If a hospital had a 90% failure rate on procedures they’d be shut the fuck down.
If a high school had a 90% failure rate on their final exams, we’d be asking some tough questions.
Why do we celebrate that statistic like a badge of honour in tech?
@Daojoan Wouldn't a more fair comparison be scientific research? Trying new things often ends in failure.
@sasha92 a scientific study that produces a null finding is not a failure. It still delivers a useful result. A failed startup just disappears along with its source code, data, and other institutional knowledge. Ultimately it’s just a vehicle for individuals to build their CVs (because we somehow accept this practice) and has no ise to society.
