like why?
Ask HN: What's the point of starting a startup if the failure rate is so high?
1–10 of 12 posts
Re: Ask HN: What's the point of starting a startup if the failure rate is so high?
#2Because you might die, waiting for failure rate to come down. Failure rate comes down, more people will try, causing failure rate to rise.
Re: Ask HN: What's the point of starting a startup if the failure rate is so high?
#3Yes, tha failure rate is high. Rewards, if you succeed, are also high. Your choice.
Re: Ask HN: What's the point of starting a startup if the failure rate is so high?
#4Because you feel like you have to. You will likely fail, but you are driven to try. Most fail, but sometimes the lottery ticket pays out.
Re: Ask HN: What's the point of starting a startup if the failure rate is so high?
#5Because you have an idea for a product/service that you think people will want/need enough that they'll pay for it?
Because you think you can create the product/service before you go bankrupt, and that you can then sell it for a price the market can bear that will allow you to make a profit?
It's not just a coin flip, which is the impression you get looking at statistics too much.
Re: Ask HN: What's the point of starting a startup if the failure rate is so high?
#6You may have a vision for creating a product or service that you believe requires starting a company, and you believe you have a compelling business model that will sustain the company. Failure may happen, but the drive for getting that product or service out there may overcome fears of failure.
The world may be a different place had Steve Wozniak decided to remain an engineer at Hewlett Packard's calculator division instead of creating a company to sell the computer he worked on as a side project, though it did take a lot of convincing from Steve Jobs.
Re: Ask HN: What's the point of starting a startup if the failure rate is so high?
#7Failure rate comes down the more experienced you are.
Don't expect the first one to be a home run.
Remember OpenFeint? the founder of that failed successfully into an acquisition which later on the founder made something called Discord.
You can always try again.
Re: Ask HN: What's the point of starting a startup if the failure rate is so high?
#8There's a place in the world for a gambler,
-- D. Fogelberg
Re: Ask HN: What's the point of starting a startup if the failure rate is so high?
#9Because you might succeed.
Re: Ask HN: What's the point of starting a startup if the failure rate is so high?
#10Because alternative is working in soul-sucking corporate nonsense till end of life.