The Average Successful Startup Raises $25.3 Million, Sells For $196.8 Million

techcrunch.com

5 pointsajhit4062 comments

I'm not going to spend the time going through all of the data but my gut tells me that this is horribly misleading.

What constitutes "success" in this model? Why does a chrome search on "median" return no results?

Bleck...I still don't know why I keep reading TC.

Presumably, success is companies with a positive return.

Which is, of course, an inane thing to take the averages for. Survivorship bias means the answer is useless.

The average height of people over 6' is 6'8". Um, ok?