Buchheit: Median startup is worth zero and 95% are bad investments
Paul Buchheit · Pitch Practice with Paul Buchheit and Sam Altman at Startup School SV 2016 · Y Combinator · Dec 26, 2016 · at 1:20
Paul Buchheit, partner at Y Combinator, explains the seed investing mindset and why investors default to saying no during Startup School SV 2016.
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“As a seed investor something you have to keep in mind is that the median startup is ultimately worth about zero dollars and probably 95% of startups are a bad investment.”
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