Survivorship bias and startup hype
If you don&#x27;t mind being relatively unheard of and only want to make enough money to be independent, then it actually isn&#x27;t very hard to bootstrap a business. It does take time, effort, and a lot of mistake making, but it&#x27;s like learning anything of value. I think it makes you a stronger and more independent person all around.<p>Even though this article attempts to deliver a dose of reality, it focuses on VC backed companies which is a completely different field. VC backed startups tend to do highly risky things in an effort to increase traction and valuation as quickly as possible. Most notably, spend a lot of investor money in pursuit of those things without having any real revenue. The odds of failure skyrocket.<p>I&#x27;ve seen a lot of commenters go on about survivorship bias. I believe that the real problem isn&#x27;t being considered: the absolutely batshit advice and business building strategy that comes out of the world of venture capital and tech accelerators.