Willy Das is a Research Scientist and Curriculum Innovation Manager at Lehigh@NasdaqCenter, an exclusive education-industry partnership between Lehigh University and the Nasdaq Entrepreneurial Center in San Francisco.
Many entrepreneurs make a habit of placing a premium on the relentless pursuit of success at all costs. But investing your very soul into starting, developing, growing, and running a venture nonetheless often takes a high emotional toll.
Securing investment from venture capitalists significantly increases chances of entrepreneurial success, especially when it comes to scaling a business quickly and establishing credibility. But as of 2020 the probability of a new business getting VC funding was about 0.05%.