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 the tolerance for failure only applies if you have family money that gives you infinite lives in the game, or you are super connected to the right people (like Adam Neumann, for example).

In those cases you only "fail" if you *really* screw up like Elizabeth Holmes or SBF.

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@danjac @Daojoan Yeah, but on the plus side, the employees of those failing rich boys get free in depth lessons on what not to do as well.

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