Back
satyam singhal
Entrepreneur I Busin... • 5m
Most Startup Advice is a Lie Every founder loves a good success story. 📈 “Jeff Bezos started in his garage.” 📈 “Airbnb was rejected by investors 100+ times.” 📈 “Elon Musk went all in and won.” 💡 Survivorship Bias: We only hear from the startups that made it—not the thousands that followed the same playbook and still failed. Here’s why that’s dangerous: ❌ “Just work hard and never give up.” → Some startups fail BECAUSE they refuse to pivot. ❌ “VC funding means you're on the right track.” → Many well-funded startups still die. ❌ “Great products always win.” → Ever heard of Myspace? Exactly. 🚀 Success is the exception, not the rule. Smart founders don’t just study the winners—they study the failures to see what really makes or breaks a startup. 💬 What’s the worst survivorship bias advice you’ve ever heard? #Startups #Fundraising #VC #Entrepreneurship #Psychology
More like this
Recommendations from Medial
Download the medial app to read full posts, comements and news.