90% of the companies on TechCrunch disappear within 6 months

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.

Re: 90% of the companies on TechCrunch disappear within 6 months

#6

Post by bigiain » Thu, Mar 29, 2012, 8:45 AM UTC

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-random-sample average…)

Re: 90% of the companies on TechCrunch disappear within 6 months

#7

Post by the_bear » Thu, Mar 29, 2012, 8:48 AM UTC

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).

Re: 90% of the companies on TechCrunch disappear within 6 months

#8

Post by ericflo » Thu, Mar 29, 2012, 8:52 AM UTC

[citation needed]

Re: 90% of the companies on TechCrunch disappear within 6 months

#9

Post by mathieud » Thu, Mar 29, 2012, 8:54 AM UTC

the_bear wrote: post #7

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 ? ;)

Re: 90% of the companies on TechCrunch disappear within 6 months

#10

Post by DavidZhangToGo » Thu, Mar 29, 2012, 8:54 AM UTC

yabbadabbadoo wrote: post #5

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.