Re:A 24-Year-Old Built a $5B Hotel Startup in Five Years
by seizethecheese on Wednesday September 26, 2018 @08:17PM
(#18081323)
Yes, of course. But my point is that stories of success aren’t necessarily harmful and in some ways are important.
The survival rate of startups is very low. Only a tiny fraction go on to be successful, and an even smaller portion go on to be unicorns.
Not all startups are tech startups, and not all startups are necessarily worth the opportunity cost.
The people who made a killing were investors. I think That’s where the risk reward math makes more sense, from a purely monetary perspective of course.