Most startups fail yet the hope of wealth fuels the scene

Evidence

While the chance for massive wealth rarely pans out—something like 85 percent of startups fail—it is this hope that fuels entrepreneurs and workers alike. — Alice E. Marwick, Status Update, 182

Categorization

• QUESTION: What is the underlying data source for the 85 percent failure estimate here?
• XREF: The gap between the dream and the 85 percent failure rate echoes the aspirational-labor analysis central to foundational influencer-culture studies. — connects to: Impatient venture money produces many startup failures and few big wins — Shoshana Zuboff, The Age of Surveillance Capitalism, 228
• corroborated: 2 independent passages support this claim — Alice E. Marwick, Status Update: Celebrity, Publicity,…, 182

Broader Connections

• Impatient venture money produces many startup failures and few big wins #expands (0.92) — Shoshana Zuboff, The Age of Surveillance Capitalism, 228