Archive for the ‘Startup’ Category

Researchers from Oxford University say they’ve made a breakthrough in developing smart glasses for people with severe sight loss. The glasses enhance images of nearby people and objects on to the lenses, providing a much clearer sense of surroundings. They have allowed some people to see their guide dogs for the first time.

The Royal National Institute of Blind People says they could be “incredibly important”.

Lyn Oliver has a progressive eye disease which means she has very limited vision. Now 70, she was diagnosed with retinitis pigmentosa in her early twenties. She can spot movement but describes her sight as “smudged and splattered”.

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I thought it might be useful and interesting to establish a blog post that tracks and reports on general statistics relating to startups. Thus, this blog post will be a living post with statistics as we come across them:

  1. A successful startup takes 5 years or 20,000 man hours.
  2. 2 out of 1000 startups that get funded reach a market cap of $200mm.
  3. It takes 3 years for a startup to reach a sufficient level of education to achieve success.
  4. Investors estimate 1 in 10 of their portfolio companies will achieve success (known as the Tenfer).


(If you have any stats to share, we'd love to add them and give you credit.




"This article may not be reproduced in whole or part without including the name of the author (James Naylor) and an acknowledgement of the fact the article was originally published in Shoestring Advice for Technology Startups ( Any other use of this material is unauthorized and is a violation of law."

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