Startups will crash out before cashing out

theregister.co.uk

He repeats a well known truth that majority of startups fail, even majority of restaurants or cafes opened close after 2 years. That s all true, however the whole spirit of startup entrepreneurs is to feel this adreline, and enjoy this adventure.

Finally 1 billion dollars is also fine, as long as you use your motivation to work hard and to innovate. Even if your startup fails, you will acquire skills which are reusable, in new startups or established -startups-.

All good points. The article was probably written as a warning to those pursuing a business for the money rather than the 'spirit'.

"So if you are doing the startup game for money, and lots of it, you are in for a plate full of frustration."

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