Why do most YC startups go nowhere?
Supposedly 99%+ of all startups of any kind (products, restaurants, etc) fail within a few years of launching. Fail = shut down.<p>Even most YC startups fail, despite of all the support.<p>This is problematic because it discourages founders on the margin from launching a startup.<p>More so in a downturn after a period of exuberance in the tech and crypto markets.<p>Increasing founder success rate at every stage of the startup journey-- idea, build, launch, grow, pmf--would have the double impact of more successful startups encouraging more new founders.<p>Seems to me we need a way for founders to reward the world for helping them grow at every stage-- incentivizing early believers, collaborators, adopters, growth hackers, etc-- the way YC is incentivized to help their founders-- because they share in the upside.<p>These don&#x27;t have to be securities, or even onchain assets, rather they can start as closed-loop reward coins that can be evolved to confer ownership and&#x2F;or be onchain.<p>To see an example of how this might work, please check out https:&#x2F;&#x2F;www.producthunt.com&#x2F;posts&#x2F;freemance.