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RE: ICOs Half-Life 1.09 Years - 46% of 2017s Have Failed - These Are Gambles!
Why is this news surprising... this is how businesses work. Actually this figure is very good. 🤣
90% of small businesses fail in their first year. ICOs are funding small businesses (start-ups).
Of the 10% that survive, half are shut down within 5 years.
The remaining 5% usually grow to become either mid-sized institutions (2.9%), fail within 10 years (2%), or become giants (0.1%).
You are spreading reasonable figures in a context that makes them seem shocking. That's immoral.
March isn't even over yet. We're not done correcting. Most ICOs will fail.
Prices are still much higher than where they should be now. The real fun hasn't even begun yet.
And yes, most businesses and startups fail, and the numbers are even worse for Silicon Valley startups.