Financial Quote by Brad Feld
“The only thing that we know about financial predictions of start-ups is that 100 percent of them are wrong”
About This Quote
Source Interview: Startup Insights Podcast, 2015
Financial forecasts for early-stage companies are notoriously unreliable, often completely off the mark.
In simple terms: Startup predictions are usually wrong.
Key Takeaway
Treat forecasts as rough guides, not certainties.
Themes
uncertainty
entrepreneurship
finance
Mood
cautious
realistic
Type
advice
observational
When to use this quote
- pitch decks
- budget planning
- investor meetings
- product roadmaps
Key Concepts
probabilistic thinking
bias
risk management
Questions to Reflect On
- How do you adjust plans when forecasts fail?
- What safeguards can you build against overconfidence?
A Different Perspective
Even with data, unknown variables can skew outcomes dramatically.
