On: Warnings for 1st time Entrepreneurs

[nkohari]

This article was absolutely terrible. Several points sound more like the author is playing buzzword bingo, and the rest are unsupported by the explanation. Take #1, for example. How does the number of business plans that received funding relate to a 98% chance of losing your capital investment?

[tptacek → nkohari]

I don't know, I agree that the evidence presented is sketchy, but the number sounds right. You're certainly far more likely to fail than succeed.

I didn't think the article was terrible at all.