However, many people outside of the startup scene have misconceptions, as they see survivor bias/success bias in the reporting. One item in the report feeds this misconception: "The average company got $1.9 million in funding." The median raised would be far more revealing of the actual experience that a startup faces than the average.
However, many people outside of the startup scene have misconceptions, as they see survivor bias/success bias in the reporting. One item in the report feeds this misconception: "The average company got $1.9 million in funding." The median raised would be far more revealing of the actual experience that a startup faces than the average.