The Mysterious Case of the Elongated IPO

Ben Horowitz, famed entrepreneur and venture capitalist, once quipped that as a startup CEO he slept like a baby [because he] woke up every two hours and cried. As many others at the head of early-stage businesses can attest, Ben isn't overreaching all that far in his comparison. While many factors play into the often-disrupted sleep patterns of entrepreneurs, perhaps the most jarring is the fact that the vast majority of early-stage companies are destined to flop. Statistically speaking, nine out of ten startups will fail.