Blog, Entrepreneurship

9 out of 10 startups fail

Disclaimer: I’ve chosen a rather provocative title for this posting. It has no qualified basis but it’s something you hear very often in one way or another. 7 out of 10 fail, 9 out of 10 fail, etc.
I was interested in whether there’s any truth in this startup-scene meme, so I took some time to walk through 13 startups who presented 30 second pitches at Web 2.0 summit 2010, a little more than one year ago.
Here’s the outcome – all startups in the order of appearance with a number of open permanent positions at the time of this writing.

I’ve just put a reminder in my calendar to revisit this list in one year. Let’s see how it’s looking like then.