AdamT
DP Veteran
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- Jul 26, 2011
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You do realize an 80% success to 20% failure rate is OUTSTANDING in THE REAL WORLD... nevermind the fact that THE BUSINESSES THEY INVESTED IN WERE ALREADY FAILING!!!
The world you live in is dreamland if you think more than 1 in 5 businesses started become profitable over the long term... i think its more like 1 in 20 businesses starting up are bankrupt within 5 years... maybe someone can find the hard numbers on that...
These weren't start up companies -- they were going concerns. I have no idea how Bain's record stacked up relative to other firms.