In r/startups, founders push back on the get rich via SaaS narrative, stressing that even successful companies may not make founders wealthy and that failure rates are the default outcome.
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
the founder CEO makes a salary like the rest of us and is very far from wealthy.
Approximately 90% to 95% of tech startups fail
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