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Lessons from the 1990s Bubble- don't get big fast.

2 points| BitGeek | 19 years ago |strategy-business.com

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[+] BitGeek|19 years ago|reply
Or put another way, perserverance has resulted in business success... for those who had a long term strategy.

The herd instinct is dangerous.

High Tech startups are less likely to fail (though the %48 figure was "companies seeking VC funding" it doesn't break down how many got it. Possibly, those who did not get it had a lower failure rate.)