Insight certainty 5/5 debate potential 2/5

Hornik: Starting a startup is unreasonable and extraordinarily unlikely to succeed

David Hornik · 20 VC 004: David Hornik on the Magic of Stanford and Startups · Jan 18, 2015 · at 4:38

August Capital partner David Hornik discusses the harsh realities and low statistical probability of success for tech startups.

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“Now, the reality is that, of course, it's completely unreasonable to start a startup. They're extraordinarily hard. It's extraordinarily unlikely they succeed.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

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