[awelxtr]

In Spain 60% of companies don't survive the 5 year mark [1]. That's what I think when people say that making a company is hard.

[1] https://www.eleconomista.es/economia/noticias/12101579/01/23...

[dangus]

That’s way better odds than being a top tier professional athlete.

If 60% of companies fail that means if you start 6 businesses then you have a 95% probability of having a successful business.

Only 1.6% of college football players transition to the NFL.

[mason55]

I don’t think they’re independent events. Bayesian priors would say that if you have five failed businesses then your chances of being successful on number 6 are probably less than 60%

[playingalong]

Assuming the success is independent.

[vuln]

The supply outstrips the demand. The number of NFL teams is tightly controlled to extract the most amount of money from its consumers. More teams, less money for each owner and players but a higher % of college football players having a shot at a career.