;#Faculty News;# | Fast Company | 18
Persistence, Possibility, And Whether You Can Cut It As An Entrepreneur
Re: Shikhar Ghosh
Shikhar Ghosh, a senior lecturer at the Harvard Business School, looks at startups that take in outside money and finds that 30 to 40 percent fail. He defines failure as liquidating all assets, with investors losing most or all the money they put into the company. If failure is defined as not realizing the projected return on investment, then the failure rate is 70 to 80 percent.