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What are the implications of Techstars under-reporting the deaths of their startups? Not to knock 100K in notes (and the other benefits of being in a reputable
by ElissaShevinsky 14y ago
What are the implications of Techstars under-reporting the deaths of their startups? Not to knock 100K in notes (and the other benefits of being in a reputable accelerator) but these statistics vastly overstate the positive impact of Techstars.
As for Crunchbase, they could do a reasonably good job of catching the death of startups by running a check every six months for basic social media updates. While it might be premature to call a quiet startup dead, they could include a line to call a startup "inactive."
- adventured 14y agoI think the issue is that the cheap cost of operating infrastructure for most small tech startups means a lot of deadpool candidates continue to live on longer than they should. The duration of existence might expand courtesy of how far $100k (etc) goes, but the number of failures will trend toward the average given enough startups.