TechCrunch+ roundup: After the exit, starting up in stealth, Wag’s SPAC plans
https://techcrunch.com/2022/02/08/techcrunch-roundup-after-the-exit-starting-up-in-stealth-wags-spac-plans/
Startups do not have a great survival rate.
Nine out of ten will fail, and those that persist will likely need at least three to four years to become profitable.