In r/startups, viral posts push back on the get-rich startup narrative, emphasizing high failure rates and that even stable SaaS companies may not make founders wealthy, with commenters calling out survivorship and negativity bias.
If your goal is to get rich, DON’T found a tech startup
Ended up founding a startup, betting all my savings
Even if you have a company that's doing well it's still not a fast track to riches.
Approximately 90% to 95% of tech startups fail, meaning the probability of success is roughly 5% to 10%.
People are more likely to complain and post negative things about a topic they failed in making it seem like a general census that it’s dying
This finding is one of many signals tracked across Indiehacking. The live feed updates every few hours with new authority voices, debates, and emerging ideas.
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