Misleading title. From the very first sentence: "All else equal, a venture-capit... | Hacker News

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		sundaypancakes on Dec 5, 2008 \| parent \| context \| favorite \| on: First time entrepreneurs have 18% chance of succes... Misleading title. From the very first sentence: "All else equal, a venture-capital-backed entrepreneur who starts a company that goes public has a 30 percent chance of succeeding in his or her next venture. First-time entrepreneurs, on the other hand, have only an 18 percent chance of succeeding, and entrepreneurs who previously failed have a 20 percent chance of succeeding"

dcurtis on Dec 5, 2008 [–]

"a venture-capital-backed entrepreneur who starts a company that goes public"

There's, like, four total people in the world who match that description in web-based companies over the past few years.

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