A lot of startups completely fail but that's not interesting, "<a startup you never heard of> has failed" won't get many clicks on TechCrunch.
People share stories about how they 'failed' (got great job offer afterwards, etc) and managed to come out with plenty of cash. But there are a lot of people who get burned. They simply don't make headlines, no one is interested in those stories except from small circles such as HN.
Startup is not a quick, and fail-proof way to get rich as mass media portrays it to the public.
Some people will end up seriously disappointed but real businesses will continue moving forward.
A lot of startups completely fail but that's not interesting, "<a startup you never heard of> has failed" won't get many clicks on TechCrunch.
People share stories about how they 'failed' (got great job offer afterwards, etc) and managed to come out with plenty of cash. But there are a lot of people who get burned. They simply don't make headlines, no one is interested in those stories except from small circles such as HN.
Startup is not a quick, and fail-proof way to get rich as mass media portrays it to the public.
Some people will end up seriously disappointed but real businesses will continue moving forward.