Business Quote by Anonymous
““Venture capitalists typically reject 994 business plans for every six they agree to fund.””
About This Quote
Venture capitalists are extremely selective, funding only a tiny fraction of proposals.
In simple terms: Only a few startups get funded.
Key Takeaway
Understand the odds before pitching.
Themes
entrepreneurship
risk
investment
selection
finance
Mood
cautious
realistic
Type
analytical
pragmatic
When to use this quote
- startup pitch
- fundraising
- business planning
Key Concepts
probability
market fit
networking
Questions to Reflect On
- What makes a pitch stand out?
- How can you improve your odds?
A Different Perspective
High rejection rates can discourage innovators.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)