75% of Y Combinator companies fail.
Mike Bridge
81

Interesting you say that, I think I think in general YC’s response would be “9/10 will fail, but 1/10 will do 100x returns.” If that’s a company like Instagram, which was acquired by $1B with 12 employees, the ultimate conclusion is a few people do VERY well and most people leave the startup battlefield with nothing, accelerating inequality. There’s an embedded zero-sum mentality in the venture capital business model that isn’t/shouldn’t be broadly copied and applied.