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"Please don't post shallow dismissals, especially of other people's work. A good critical comment teaches us something."

Hence the founder's use of the term 'moonshot', presumably; they're being fairly upfront about it, at least.

What are the chances of the average seed-funded web startup still being around in five years? Can't be much over 1%.

You can’t win a lottery without a ticket

To paraphrase Feynman, the odds of winning the lottery are essentially the same whether or not you buy a ticket.

I would argue it depends on which lottery and how many tickets you buy :)