Lemkin: Zero percent of truly great, persistent founders with great CTOs fail
Jason Lemkin · Why You're Unfundable Today: The Cold, Hard Truths About SaaS Part 2 with SaaStr CEO Jason Lemkin · Jul 14, 2023 · at 34:31
Jason Lemkin (founder of SaaStr) answers an audience question at SaaStr Europa regarding the role of luck versus execution in startup failure rates.
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“I think that all the metrics on startups that fail, that 90% fail, I think these are Sony baloney metrics. I think, Truly great founders, truly great, that have a great CTO and CTO, or a CTO that can be both, that can build amazing software, that do not quit, that commit for years, not months, but years, and that understand a market. I've seen zero percent fail.”
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