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Start-ups: For every success story in Silicon Valley, how many are there that fail?
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Tim Chae, Entrepreneur-in-Residence @ 500 Startups. Builder. answered:

It'd be impossible to get a real number for this, but generally 700 out of 1000 real startups (not counting the ones not taken seriously by their own founders) fail completely. 299 get ok to good returns for founders and investors. 1 ends up like the Facebook, Instagram, Twitter, etc of the world.

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