The success rate Paul has had is actually lower than average success rate of sma... | Hacker News

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		MrAnalogy on April 4, 2007 \| parent \| context \| favorite \| on: Why to Not Not Start a Startup The success rate Paul has had is actually lower than average success rate of small business startups (with more than one employee) Everyone always quotes a 10% success rate after 1 or 2 years. That is, as Paul suspects, a myth. True success rate is around 66%. Y-combinator's success rate was 50% 66% OF SMALL BUSINESS STARTUPS LAST 2 YEARS http://www.smallbiztrends.com/2005/07/business-failure-rates-highest-in.html

gibsonf1 on April 8, 2007 [–]

Survival and success are two different things. The 50% PG referred to are for the founders becoming "rich" by their standards, not just staying in business.

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