Comment Not too different than any tech startup (Score 1) 247
I'd expect 90% chance for a good techie startup with a cool innovative idea to go under, without producing a product or getting bought out, in 2 years. (Number can be radically different if it's a "copycat" techie startup. Ironically the copycats have a substantially better chance of getting bought out by a bigger company.)
Maybe 9% chance that the startup will get bought out by a bigger company if they had any vaguely promising technologies.
Maybe 0.9% chance that an actual product will be produced (if a service oriented company... there may be a different number) and not be successful in the marketplace.
0.1% chance the product will be successful. That's different than turning a profit on the balance sheet though.
Maybe 9% chance that the startup will get bought out by a bigger company if they had any vaguely promising technologies.
Maybe 0.9% chance that an actual product will be produced (if a service oriented company... there may be a different number) and not be successful in the marketplace.
0.1% chance the product will be successful. That's different than turning a profit on the balance sheet though.