11–20 of 24 posts
There's no way this is true. I agree with the point the OP is trying to make, but inventing stats isn't a good way to make a point (although it's probably a great way to get people to click through to the article).
Well, do YOU have stats to prove they are inventing stats ? ;)
There's no way this is true. I agree with the point the OP is trying to make, but inventing stats isn't a good way to make a point (although it's probably a great way to get people to click through to the article).
Well, do YOU have stats to prove they are inventing stats ? ;)
Isn't that "90%" figure pretty commonly bandied around about startups in general? Seems to me this is pretty much saying TechCrunch just covers a random sampling of startups, and provides zero benefit to the ones it covers. (A more cynical view might be that if it's true that TechCrunch provides some benefit for some of the companies it covers, it must provide _negative_ benefit for the rest to maintain it's same-as-…
Even if they where both data backed statistics you could imagine that maybe TechCrunch tends to cover preferentially the more interesting and exciting shoot for the moon types of things over the more boring "we're making money now" types which would skew their results.
I don't actually read TechCrunch so of course I have no idea and that's just speculation based on nothing.
exactly how good is TechCrunch at predicting a company’s success? TC's job isn't to predict a startup's success anymore than the NYTimes' job is to predict who our next President will be. It's a news outlet whose aim is to publish facts and report the pertinent tech startup news of the day. Now if you want to argue about whether what TC writes about is pertinent or not, that's a different discussion entirely.
The N.Y.Times should be more about helping its readers decide who should be the next President than telling them who will be the next President. But they'd be falling down on the job if they weren't making it clear that, say, Newt Gingrich's chances of being elected President this November are very low.
Similarly, part of TC's reporting should be whether a particular company's business model is working, whether they're running out of money, whether they're gaining customers, that sort of thing. But the link seems to equate any mention of a company by TC as a prediction that it will succeed. Not the same thing.
> Now if you want to argue about whether what TC writes about is pertinent or not, that's a different discussion entirely.
This I agree with entirely.
exactly how good is TechCrunch at predicting a company’s success? TC's job isn't to predict a startup's success anymore than the NYTimes' job is to predict who our next President will be. It's a news outlet whose aim is to publish facts and report the pertinent tech startup news of the day. Now if you want to argue about whether what TC writes about is pertinent or not, that's a different discussion entirely.
You're right, it's not. It's just something I'm curious about considering how much PR TC companies get.
Your comment insinuating that they would care about their "success rate" seems to indicate that you think otherwise?
Earlier quoted context omitted.
Well, do YOU have stats to prove they are inventing stats ? ;)
Lol. There is no concrete stat, one can only make educated guesses, and 90% is mine.
In fact, I wouldn't even have been comfortable with "Majority of startups on TC die within 6 months". There is simply no data cited.
exactly how good is TechCrunch at predicting a company’s success? TC's job isn't to predict a startup's success anymore than the NYTimes' job is to predict who our next President will be. It's a news outlet whose aim is to publish facts and report the pertinent tech startup news of the day. Now if you want to argue about whether what TC writes about is pertinent or not, that's a different discussion entirely.
I half agree. The N.Y.Times should be more about helping its readers decide who should be the next President than telling them who will be the next President. But they'd be falling down on the job if they weren't making it clear that, say, Newt Gingrich's chances of being elected President this November are very low. Similarly, part of TC's reporting should be whether a particular company's business model is working,…
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