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> In contemporary VC-istan, no one gets a 3rd startup

Emmett Shear, Justin Kan, and Michael Seibel all got third startups, and they're all doing pretty well with them.



In fairness, they all founded Justin.TV. It's significantly easier to get a third startup if your second startup was a success, and I think the OP was talking about having two failures in a row.


I have nothing but respect for the justin.tv people and product, but may I ask what criteria you're using here to define it as a success? I would have called it a pivot, albeit a great one.


Success = has traction in a market large enough to be of interest to a VC. Usually that's the hard part of entrepreneurship; if you can demonstrate you've attained that once, getting funding for subsequent endeavors is a lot easier.


Would you say Digg was a success?


From the perspective of "Is Kevin Rose likely to get funded again?", absolutely.

From a user perspective or the perspective of one of the founders, it's less clear. I remember ojbyrne being less than happy about how it turned out.

The fact that they even had users is more than 90% of startups, manage, though.




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