Where did you pluck the 95% figure from?
50% of yc startups are still going.
50% of yc startups are still going.
Just because money changes hands in the end doesn't make it a success. You fail upwards until you become a creature of pure thought leadership (i.e. a VC whose only job is to 'have an opinion' on stuff and can never be proven wrong because, hey, it's all an opinion or luck or the market or some unforeseeable outside force you failed to consider when failures continually happen).