Counting Your Lucky Stars

One of the many phrases going out of fashion is the idea of "counting your lucky stars." I heard it often from my grandparents.

It means be thankful for being fortunate.

I used it the other day. I was speaking to a founder whose very hot startup had achieved product-market fit. His startup is being hotly pursued for a Series B by many firms.

I wasn't sure if he realized how special his startup had become. The numbers aren't good for businesses in general and worse for startups.

Most firms fail to break through revenue thresholds in the US (courtesy Scaling Up book):

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Depending on the source, just getting to a Series A is a milestone 70-80% of startups never reach.

So, the idea is: "Count your lucky stars" when your luck and skill get you to a magical place.

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