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A comment on Why is it hard to startup a company outside of Silicon Valley?. Parent comment

Re:Why is it hard to startup a company outside of Silicon Va... by pg on Thursday August 16, 2007 @08:19PM (#43283)
Sure, there are a handful. But the fact that those few are famous on account of having taken no investment is evidence of just how rare it is.

Among successful startups, the ratio of those that took outside money to those that didn't is 100 to 1, maybe 1000 to 1. Where the threshold for success is going public, it's effectively infinite.

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Re:Why is it hard to startup a company outside of Silicon Va... by rrival on Sunday August 19, 2007 @11:11AM (#44088)
Someone at BarCampBlock yesterday suggested that in the past >15 years, vc-backed startups of all types accounted for 23% of successful exits, while focusing on tech-specific startups raises that number to 46%. It sounds possible, but a source wasn't provided - it'd be interesting to determine how successful these 'successful exits' were, and if the size ($) of the exit is correlated to the presence of VC. I imagine it would be.
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