About 20% of Tech Startups Worth More Than $1 Billion Will Fail, Accel Says
An anonymous reader shares a report: There are more than 1,000 technology unicorns, meaning venture-backed companies worth $1 billion or more, but at least one in 5 are likely to fail, said Rich Wong, a partner at venture capital firm Accel Partners. “I think maybe out of that thousand, 20% fully die. The end,” Wong said on Thu … ⌘ Read more