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Re:Benchmarks for Startup Spend and Cash Burn by pixelmonkey on Tuesday December 11, 2018 @05:29PM (#18659586)
Matriculation/graduation rate from round to round seems pretty low (that is, new funding failure rate is high), based on this chart cited by pg:

https://twitter.com/paulg/status/781743196963540992

Tracked down the original post here:

https://mattermark.com/startup-graduation-rate-surprisingly-...

Re:Benchmarks for Startup Spend and Cash Burn by hdubugras on Tuesday December 11, 2018 @05:41PM (#18659677)
Great data here, thanks! Yes, part of the difficulty of this analysis is the low number of graduates makes it hard to see what's causal.