favicon Are startup founders entrepreneurs or poker players?

  • The Next Web Sep 1, 2012, 11:00 am by: Douglas Merrill96 pts
    The Next Web writes, In the U.S., small business (less than 250 employees) makes up nearly half the GDP and accounts for more than half the employment. But with the Great Recession, a number of these small businesses have gone bankrupt. The bets that entrepreneurs put on themselves came up short. But that’s why they are called “bets” — these entrepreneurs are knowingly exposing themselves to risk, and potentially, a great reward. But for many, the reward is less than they had hoped. For every Facebook, there are hundreds of companies that fail, bump along on the bottom of the market, or are...

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