500 Startups keeps 20% failure rate after 6 years: Khailee Ng

Khailee Ng (left) and Ashraf Sinclair (right) posing for picture at a media gathering in Jakarta.

Is it true that investing in early-stage startups has a 90 per cent risk of failing? Not in the case of 500 Startups, the VC firm claims. Recent analysis of the company’s first and second funds’ performance shows that only 20 per cent of portfolio had died within six years.

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