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		scarmig on May 30, 2012 \| parent \| context \| favorite \| on: First employee of startup? You are probably gettin... How many have you passed on? Have you tried to characterize how likely it is that your filter is actually good enough that 10% of the companies that pass it are successful? Just seems to me that 10% could be something of an overestimation and needs some validation.

rhnoble on May 30, 2012 [–]

10% might be a good rule of thumb if the old adage that "9/10 startups fail" is somewhat accurate. Is $100M the average exit though? Anyone have that data?

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