It’s hard to give a percentage and there’s failure and there’s failure. Is that sufficiently Clintonian for you? :)
Inside an individual project there are things that worked, things that were great successes, and things that could only be described as failures. If you look at something like Pownce – a startup that Kevin Rose, Leah Culver, and I started – it was a real mixed bag. We developed a pretty great community, had hundred of thousands of users, and managed to have a satisfactory exit after some struggles (suffice to say, it was complicated). We achieved some great things, it wasn’t an abject failure, but it wasn’t a rocket success story either.
Sorry I can’t give you a more succinct/helpful answer.
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