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"There’s a plethora of reasons why a business can fail, or not get started."

I am calling "strawman" on this.

There is a plethora of business models suitable for single founders.

Graham's position is that the data show that startups are not among them.



> Graham's position is that the data show that startups are not among them.

Actually I don't think that is his position. It is more that it is less likely to succeed.




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