This is just patently untrue. The failure rate of ventue-backed startups is 75%. The failure rate of all startups is 90%. Funding is correlated with a lower failure rate.
A coin has a 50/50 chance of being heads, but just because the coin landed on tails last time doesn’t mean it’ll be a head the next time.
Here is the link I should have included originally https://en.m.wikipedia.org/wiki/Ecological_fallacy